Jubilee Holdings Limited, East Africa’s largest insurance group, has reported a 9.9 per cent growth in the Financial Year 2018/2019. The company, with operations in Uganda, Kenya and Tanzania, saw its insurance premiums increase from Ksh34.75 billion (Shs1.2 trillion) to Ksh38.19 billion (Shs1.3 trillion). The statistics released by the board yesterday point to a rise […]
General business grew by 6 percent to Sh11.48 billion, however with an underwriting loss of Sh480 million./COURTESY NAIROBI, Kenya, May 21 – Jubilee Holdings has posted a reduced profit of Sh4.02 billion for the 2019 financial year, down from Sh4.13 billion posted the previous year. In a statement, the company attributed the reduction to lower […]
Nizar Juma Chairman Jubilee Holdings during the launch of Explorer health insurance at Serena yesterday photoKARUGA WA NJUGUNA Jubilee Holdings Limited (JHL) profits have fallen for the second successive year mainly on poor earnings from the loss-making non-life insurance segment. According to the firm’s full-year results released on Friday, profits for the year ended December […]
Mr Nizar Juma, Jubilee Holdings Limited’s chairperson. FILE PHOTO Jubilee Holdings Limited, East Africa’s largest insurance group, has reported a 9.9 per cent growth in the Financial Year 2018/2019. The company, with operations in Uganda, Kenya and Tanzania, saw its insurance premiums increase from Ksh34.75 billion (Shs1.2 trillion) to Ksh38.19 billion (Shs1.3 trillion). The statistics […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
Dar es Salaam — Tanzania has produced two companies on the list of Africa’s 100 most valuable firms. South Africa-based African Business disclosed in a ranking of the continent’s top 250 firms that TBL Plc and Vodacom Tanzania Plc are the two most valuable firms in the country. At the continental level, TBL Plc has […]
FILE PHOTO: A patient rests on a bed in a hospital in Uganda’s capital Kampala as a doctors strike enters its second day in Uganda, Novembe By Elias Biryabarema KAMPALA (Reuters) – U.S. cloud services company Vonage is partnering with social enterprise CTI Africa to pioneer video-linked healthcare in Uganda, where good hospitals and qualified […]
Mr Nizar Juma, Jubilee Holdings Limited’s chairperson. FILE PHOTO Jubilee Holdings Limited, East Africa’s largest insurance group, has reported a 9.9 per cent growth in the Financial Year 2018/2019. The company, with operations in Uganda, Kenya and Tanzania, saw its insurance premiums increase from Ksh34.75 billion (Shs1.2 trillion) to Ksh38.19 billion (Shs1.3 trillion). The statistics […]
Jubilee Holdings Regional C.E.O. Julius Kipng’etich during the underwriter’s AGM on Tuesday June 25, 2019 PHOTO | COURTESY Jubilee Holdings has overlooked its flat earnings for the year ending in December 2019 to retain its shareholder pay out at Ksh.579.8 million or an equivalent Ksh.9 per share. On Thursday, the insurer announced a marginal 2.5 […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
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