{"id":279946,"date":"2019-06-25T14:45:19","date_gmt":"2019-06-25T18:45:19","guid":{"rendered":"http:\/\/mereja.com\/index\/?guid=da0980703a150ba1db8bf12e042d9012"},"modified":"2026-10-03T11:15:10","modified_gmt":"2026-10-03T15:15:10","slug":"jubilee-holdings-wins-kenya-fund-licence-and-sets-sights-on-ethiopia","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/279946","title":{"rendered":"Jubilee Holdings wins Kenya fund licence and sets sights on Ethiopia"},"content":{"rendered":"

Kenya\u2019s Jubilee Holdings said it would open a financial-services arm in October 2019 after receiving a fund-manager licence from the Capital Markets Authority. Chairman Nizar Juma spoke after the company\u2019s annual meeting at Nairobi\u2019s Serena Hotel on 25 June. Regional chief executive Julius Kipng\u2019etich cast the move as a step beyond general insurance toward pensions, unit trusts, and wealth management.<\/p>\n\"Jubilee\n

Business Daily Africa reported that Jubilee also named Ethiopia among markets for regional expansion. The group was Kenya\u2019s largest insurer by assets and had been shifting its portfolio toward fixed income while keeping dividends. Management said the licence filled a gap for high-net-worth clients and used the firm\u2019s balance sheet strength.<\/p>\n

The Ethiopia target mattered for East African capital looking north. Insurance penetration in several neighbours was still low, and Jubilee pitched fund products as a second growth line beside premiums.<\/p>\n

Sources:<\/strong> Business Daily Africa<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Jubilee launches financial services, targets Ethiopia  Business DailyJubilee to venture into the pension funds, unit trusts and wealth management segment.<\/p>\n","protected":false},"author":30,"featured_media":468257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-279946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=1280%2C640&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1aPg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/279946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=279946"}],"version-history":[{"count":2,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/279946\/revisions"}],"predecessor-version":[{"id":755389,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/279946\/revisions\/755389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/468257"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=279946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=279946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=279946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}