Jubilee Insurance H1 profit more than doubles to Sh4.5bn

Jubilee Insurance H1 profit more than doubles to Sh4.5bn

Jubilee Holdings Limited regional CEO Julius Kipngetich, Group chairman Nizar Juma and Chief Operating Officer Juan Cazcarra, during the release of the insurer’s 2021 half- year financial results, in Nairobi/HANDOUT Jubilee Insurance has posted a Sh4.5 billion profit after tax for the half-year ended June 30, a 150 per cent jump compared to Sh1.8 billion […]

Tanzania: Dse Posts Mixed Movement for Local, Cross-Listed Shares

Tanzania: Dse Posts Mixed Movement for Local, Cross-Listed Shares

Dar es Salaam Stock Exchange (DSE) has posted a mixed movement where domestic and crosslisted stocks split between green and red. Tanzania Share Index (TSI) gained by 0.26 point following a 0.007per cent gain on the domestic market capitalisation. The TSI and domestic market cap closed the week at 3,640.38 points and 9.588tri/- respectively for […]

[WATCH] ‘Cryptocurrencies are a Ponzi Scheme,’ Says CEO, Jubilee Insurance / Former COO, Equity Bank, One of the Largest Banks in Kenya

[WATCH] ‘Cryptocurrencies are a Ponzi Scheme,’ Says CEO, Jubilee Insurance / Former COO, Equity Bank, One of the Largest Banks in Kenya

The regional CEO of Jubilee Insurance and the former Chief Operating Officer of Equity Bank, one of the largest banks in East Africa, has said bitcoin and cryptocurrencies are a ponzi scheme. Speaking during a business seminar, Mr. Julius referred to cryptocurrencies as ‘hot air’ and urged attendees to avoid touching bitcoin and cryptocurrencies. ___________________________________________________________________ […]

Stanbic Bank named ‘Best Investment Bank’ in Euromoney 2021 Awards

Stanbic Bank named ‘Best Investment Bank’ in Euromoney 2021 Awards

Stanbic Bank has for the third year in a row been recognized as Kenya’s Best Investment Bank in the EuroMoney Awards for Excellence 2021 . This recognition honors Stanbic Bank for its expertise, skills and experience in structuring and implementing complex transactions in the region. This includes debt arranging, loan syndications, capital markets issuances and […]

Stanbic Bank named ‘Best Investment Bank’ in Euromoney 2021 Awards

Stanbic Bank named ‘Best Investment Bank’ in Euromoney 2021 Awards

Stanbic Bank has for the third year in a row been recognized as Kenya’s Best Investment Bank in the EuroMoney Awards for Excellence 2021 . This recognition honors Stanbic Bank for its expertise, skills and experience in structuring and implementing complex transactions in the region. This includes debt arranging, loan syndications, capital markets issuances and […]

Money Insurance Market to Eyewitness Massive Growth by 2026 | Virgin Group, Tokio Marine, HDFC ERGO

The Latest Released Money Insurance market study has evaluated the future growth potential of Global Money Insurance market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. […]

Jubilee Holding to switch name in Uganda, Tanzania and Burundi

Jubilee Holding to switch name in Uganda, Tanzania and Burundi

Nizar Juma Chairman Jubilee Holdings during the launch of Explorer health insurance at Serena yesterday photoKARUGA WA NJUGUNA Jubilee Holding is in the final stages to switch to name to Jubilee Allianz General Insurance in Uganda, Tanzania, Burundi and Mauritius. Speaking during the annual general meeting held in Nairobi, Jubilee Holdings Limited Group chairman, Nizar […]

Jubilee buys additional Sh4.4bn shares in Uganda power plant

Jubilee buys additional Sh4.4bn shares in Uganda power plant

Jubilee insurance Centre. FILE PHOTO | NMG Insurance group Jubilee Holdings has invested an additional Sh4.4 billion in Uganda’s hydroelectric power plant Bujagali, raising its stake in the project to 40.9 percent in the year ended December. The Nairobi Securities Exchange-listed firm previously held a 25 percent stake in the 250-megawatt plant which supplies half […]

Jubilee buys additional Sh4.4bn shares in Uganda power plant

Jubilee buys additional Sh4.4bn shares in Uganda power plant

Jubilee insurance Centre. FILE PHOTO | NMG Insurance group Jubilee Holdings has invested an additional Sh4.4 billion in Uganda’s hydroelectric power plant Bujagali, raising its stake in the project to 40.9 percent in the year ended December. The Nairobi Securities Exchange-listed firm previously held a 25 percent stake in the 250-megawatt plant which supplies half […]