Dr. Julius Kipng’etich, the Regional Group CEO for Jubilee Holdings Limited, presents the overall winner of the SEITW Photography 2021 Contest Anthony Ochieng. {Photo/James Wanzala} Kenya’s Anthony Onyango is the winner of the Safal Eye in the Wild Photography Competition 2021. Onyango will take home a cash prize of $3,000 (Sh338,000). Sushil Chauhan also from […]
Dr. Julius Kipng’etich, the Regional Group CEO for Jubilee Holdings Limited, presents the overall winner of the SEITW Photography 2021 Contest Anthony Ochieng. {Photo/James Wanzala} Kenya’s Anthony Onyango is the winner of the Safal Eye in the Wild Photography Competition 2021. Onyango will take home a cash prize of $3,000 (Sh338,000). Sushil Chauhan also from […]
Allianz, one of the world’s leading insurers and asset managers, became the majority shareholder in Jubilee Insurance Company of Uganda Limited after completing the transaction to acquire a 66 per cent stake in the company from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group. A statement made available to New Telegraph said the stake […]
The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]
The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]
On Friday October 22, 2021, Allianz, one of the world’s leading insurers and asset managers, became the majority shareholder in Jubilee Insurance Company of Uganda Limited after completing the transaction to acquire a 66% stake in the company from Jubilee Holdings Limited ( USE:JHL ), East Africa’s largest insurance group. The stake acquired by Allianz […]
On Friday October 22, 2021, Allianz, one of the world’s leading insurers and asset managers, became the majority shareholder in Jubilee Insurance Company of Uganda Limited after completing the transaction to acquire a 66% stake in the company from Jubilee Holdings Limited ( USE:JHL ), East Africa’s largest insurance group. The stake acquired by Allianz […]
Allianz, an insurer and asset managing company is now the majority shareholder in Jubilee Insurance Company of Uganda after completing the transaction to acquire a 66% stake in the company. Allianz acquired the company from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group. The stake acquired by Allianz represents 29,700,000 ordinary shares of Jubilee […]
The acquisition follows the execution of an agreement signed on September 29, 2020, whereby Allianz agreed to acquire the majority shareholding in the short-term general (property and casualty) insurance business operations of Jubilee Holdings Limited, in the five countries. Allianz, one of the world’s leading insurers and asset managers has acquired a majority stake in […]
Executives addressing participants during the official announcement in Kampala on Oct.05. Following the successful completion of the separation of the business of Jubilee Insurance Company of Uganda Limited into separate general and medical insurance companies, executives from both sides said on Oct.05 in Kampala, they are proceeding to close Allianz Group purchase of a 66% […]
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