Just going through the segmental reporting of the past year. JHL is in Kenya, Uganda, Tanzania, Mauritius and Burundi, but NOT in Rwanda!! Of these geographical segments, Burundi is loss making. The profits for the year are Kenya-1,358,601 Uganda-330,981 Tanzania-45,770 Mauritius-110,310 Burundi-(6,538) Total-1,839,124. Saving grace for Burundi is that this is the first year so it should impact the bottom line positively this year. I think the chairman said they are looking at West Africa for expansion - that means even more moolah.
In the chairman's statement "I am proud to advise that on 3rd August, 2011 Jubilee will commence it’s 75th Year and accordingly various initiatives have been planned which will benefit all the stakeholders including customers, intermediaries and employees." A hunch - something is in the offing during the upcoming interim announcement (last year 15th August 2010).