Global insurer Allianz has announced a partnership that will see it acquire controlling stakes in five East African general insurance companies, all of which belong to Jubilee Holdings Limited, the region’s largest insurance group. The partnership, which has been finalised but still requires regulatory approval, covers the property & casualty segment in Kenya, Tanzania and […]
Jubilee Holdings Chairman Nizar Juma. FILE PHOTO | NMG Jubilee Holding has bought an additional 9.44 percent stake in Uganda’s Bujagali Energy Limited (BEL) for Sh4.2 billion ($40 million), doubling its ownership in the hydroelectric power plant. The firm announced Tuesday it bought more shares from its technical partners, SN Power, in the 250-megawatt Bujagali […]
BOTH major indices were on the green during the week that ended on 28th August 2020 following appreciation of some domestic and cross listed counters. The Tanzania Share Index (TSI) added 7.36 points to close the week at 1,792.90 points while the All Share Index (DSEI) gained 20.43 points to close the week at 1,792.90 […]
Jubilee Holdings shareholders to receive a Interim Dividend Payment of KES 1 per share on 11th October 2022. This only applies to shareholders on the Company’s Register of Members as on 9th September 2022.
Jubilee Holdings Chairman Nizar Juma. [File, Standard] Jubilee Holdings’ net profit remained flat at Sh1.8 billion for the first six months of 2020 compared to same period last year amid devastating effects of coronavirus pandemic. The insurer saw its net premium revenue rise slightly from Sh9.56 billion to Sh10.14 billion as at the end of […]
Jubilee Holdings Chairman Nizar Juma. [File, Standard] Jubilee Holdings’ net profit remained flat at Sh1.8 billion for the first six months of 2020 compared to same period last year amid devastating effects of coronavirus pandemic. The insurer saw its net premium revenue rise slightly from Sh9.56 billion to Sh10.14 billion as at the end of […]
By Josephine Christopher @JocfineQ jchristopher@tz.nationemdia.com Dar es Salaam. T he equity market started lower on Monday after four counters lost in the first trading day of the week. Key benchmark indices which track the share price movement to help investors compare current price levels with past prices to calculate market performances were both down, according […]
Nairobi — Jubilee Holdings Limited has announced a profit of Sh1.8 billion for the half-year ended June 30th, 2020. The performance has been attributed to improved insurance underwriting results from all of its Group operations across the region and robust investment income from its well-diversified and secure investment portfolios that are designed to deliver consistent […]
NAIROBI, Kenya, Aug 28- Jubilee Holdings Limited has announced a profit of Sh1.8 billion for the half-year ended June 30th, 2020. The performance has been attributed to improved insurance underwriting results from all of its Group operations across the region and robust investment income from its well-diversified and secure investment portfolios that are designed to […]
Dar es Salaam — The equity market started lower on Monday after four counters lost in the first trading day of the week. Key benchmark indices which track the share price movement to help investors compare current price levels with past prices to calculate market performances were both down, according to the market summary for […]
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