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Era of digital clutter threatens to drown us all

Many companies, including Google, are creating more space for digital life at a small cost and the storage capacity of devices is increasing. ....

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Jubilee, Co-op Bank named top dealmakers in East Africa

Jubilee, Co-op Bank named top dealmakers in East Africa
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Jubilee approves Sh10.8 billion acquisition by German insurer

THE STANDARD
By
Dominic Omondi |
December 18th 2020 at 00:00:00 GMT +0300

Jubilee Holdings Group Chairman Nizar Juma and Company Secretary Margaret Kipchumba during an annual general meeting yesterday. [Courtesy]
Jubilee Holdings shareholders yesterday approved a long-term strategic partnership with Allianz SE in five countries.
The deal will see the German insurer gain a stake in Jubilee’s short-term general insurance businesses in Kenya, Uganda, Tanzania and its short-term general and medical insurance business in Burundi and Mauritius.
Allianz will become a co-shareholder in five companies that are currently, or to be established, subsidiaries of Jubilee by purchasing controlling interests of between 51 per cent and 66 per cent, in which Jubilee Holdings will remain a significant minority shareholder. ....

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