Interim Div. Kshs. 1.00

Payable 06 October 2017
Closure 15 September 2017

Great performance, somewhat stingy interim dividend

-Half-year pre-tax profit recorded a 19% increase to Kshs. 2.34 billion up from Kshs. 1.97 billion during the same period in 2016.
-Earnings per share (EPS) rose by 23% to Kshs. 26 from Kshs. 21 in the previous year.
-Total income grew by 30% jump to Kshs. 14.9 Billion driven by the rally in the Nairobi Securities Exchange that saw a 13% growth in the first 6 months in 2017.
-Assets grew by 15% increase which now stand at Kshs. 101.1 Billion from Kshs. 87.6 Billion.


-Gross Written Premium and Contributions grew 8% (Kshs. 1.42 billion) to Kshs. 18.6 billion
-Underwriting results grew by 23% to stand at Kshs. 1.1 billion.
-Long term business posted a sturdy performance growing by 26% from Kshs. 5.2 Billion to Kshs. 6.6 Billion to during the first six months of 2017, a development that was attributed to continued product development, pricing efficiency and adaptability to the evolving market trends.

Recycling failures? Kipngetich's stint at Uchumi was a major misadventure.

He took charge of a bad company and his only achievement was to expose the rot. Zero achievement at Uchumi.

I wonder why Jubilee gave him a job.

This is a senior executive running around for perks like an entry level employee.

More importantly, what does he offer