Browsing: Jubilee Insurance Holdings

Jubilee Children's Fund
  • Jubilee Insurance has allocated KSh 40 million over the next four years to support 168 students in accessing high school education
  • The scholarship, funded by Jubilee Children’s Fund, covers full high school education and supplementary needs such as school uniforms
  • The Jubilee Children’s Fund has enrolled 85 additional students in 2023, while the first cohort of beneficiaries will sit for the national secondary examinations this year

Jubilee Insurance has allocated KSh 40 million over the next four years to support 168 students in accessing high school education.

The scholarship, funded by Jubilee Children’s Fund, covers full high school education and supplementary needs such as school uniforms.

The Jubilee Children’s Fund has enrolled 85 additional students in 2023, while the first cohort of beneficiaries will sit for the national secondary examinations this year.

Challenges facing access to secondary education in Kenya

Access to education is a basic human right. However, many …

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Kenyan-based Jubilee Insurance Holdings (JHL) will pay a final dividend of Sh8 per share for the 2020 financial year. 

In a statement, JHL says its shareholders confirmed the amount during the virtual 2021 Annual General Meeting held in Nairobi. 

This therefore brings to Sh9.00 the total dividend per share and payment of Sh652.3 million or US$6.03 million as total dividend for the year. 

The final dividend will be paid on July 26th, 2021 to shareholders registered as of May 26th, 2021.

JHL earned a profit before tax of Sh5.08 billion for the financial period ended 31st December 2020, an increase of Sh70 million compared to 2019. 

This is despite operating in a challenging environment characterized by the effects of COVID-19 and related lockdowns. 

The Group’s total assets increased by 12.1 percent to Sh145.86 billion from Sh130.08 billion and total shareholders’ equity and reserves increased 15.8 percent from Sh28.25 billion