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Kenya Re - what gives?
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VituVingiSana
#181 Posted : Monday, March 17, 2014 9:45:31 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Dear Wazuans,

When does KenRe release results? Or expected to?

Thanks.

VVS
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mwekez@ji
#182 Posted : Monday, March 17, 2014 11:11:04 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:
Dear Wazuans,

When does KenRe release results? Or expected to?

Thanks.

VVS


FY 2013 - ????
FY 2012 – Tue, 23rd April
FY 2011 – Mon, 23rd April
FY 2010 – Tue, 19th April
FY 2009 – Wed, 28th April
FY 2008 – Tue, 28th April
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guru267
#183 Posted : Monday, March 17, 2014 11:15:17 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Dear Wazuans,

When does KenRe release results? Or expected to?

Thanks.

VVS


Always in late April!
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#184 Posted : Monday, March 17, 2014 11:35:35 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
mwekez@ji wrote:
VituVingiSana wrote:
Dear Wazuans,

When does KenRe release results? Or expected to?

Thanks.

VVS


FY 2013 - ????
FY 2012 – Tue, 23rd April
FY 2011 – Mon, 23rd April
FY 2010 – Tue, 19th April
FY 2009 – Wed, 28th April
FY 2008 – Tue, 28th April
Asante. So they wait until the last possible moment!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mypesa
#185 Posted : Wednesday, March 19, 2014 5:35:11 PM
Rank: Member

Joined: 8/14/2007
Posts: 111
Kenya Re has consistently risen but 10 / 20cents or dropped by same but its always recovered n moved up Large blocks . If this tread holds before the FY results are out pref last week of april we may be >20bob .either the results will be overwhelming or declare a bonus
Disclaimer : None of the above is verified just assumptions
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
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mwekez@ji
#186 Posted : Wednesday, March 19, 2014 5:47:57 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Cde Monomotapa wrote:
Cde Monomotapa wrote:
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
This should be an interesting meeting - 4th Middle East and Africa Insurance Summit: Dubai

Understanding the market, discussing best practices, addressing current challenges and evaluating future opportunities are the key points of discussion at the summit with special focus on developments in Takaful and Reinsurance, Bancassurance and Emerging Product Innovations.

Indeed takaful insurance. Apart from Kenya RE and CIC who else in insurance is hooking onto the takaful products.


Off the top, not quite informed. Though the listed bankers that have shown interest in Islamic Banking are KCB & NBK. Also, pleased to see Zim representing at the summit; Douglas Hoto, Group CEO at First Mutual Holdings Ltd (Thorough investment portfolio this ZSE listed Co.) smile


KCB: SHARIAH AUDITOR - ISLAMIC BANKING (Vacancy) http://ke.kcbbankgroup.c...uditor-islamic-banking/

Job Opportunity: Corporate Relationship Manager, Islamic Banking http://ke.kcbbankgroup.c...nager-islamic-baniking/

Job Opportunity: Senior Manager Compliance & Operations Manager – Islamic Banking http://ke.kcbbankgroup.c...-manager-compliance.../

Job Opportunity: Islamic Banking Retail & Product Development http://ke.kcbbankgroup.com/abou...ail-product-development/


KCB set to roll out Islamic Banking solutions.

KCB Group has commenced the process of rolling out Islamic Banking solutions in the country as part of its financial inclusion agenda.

“We plan to launch five products in the first phase which will be up and running by July, this year and then later on introduce more products in the fourth quarter of the year,” he said; adding that the necessary structures including the Information Technology infrastructure are being put in place to boost our compliance to the Sharia requirements.

“Financial markets are increasing in sophistication; the environment is constantly changing and competition is increasing. At KCB we pride ourselves in continued innovation and satisfying the needs of our customers,” said the KCB General Manager of Islamic Banking.

https://www.facebook.com/notes/k...olutions/749463558420705


StanChart Bank launches Islamic Banking services

StanChart Bank Kenya has launched Islamic banking services under the brand “Standard Chartered Saadiq”. The bank will design, structure and launch products compliant with Sharia principles, to target the Muslim population in Kenya and establish market share in the newly emerging market. Islamic banking is estimated to account for 2.0% of the banking business in Kenya. Kenya is the first market in Africa where StanChart Bank has launched Sharia compliant banking for the consumer division. KCB Bank, Barclays Bank and National Bank also offer Islamic banking services. (Source; Business Daily, Kestrel Research)
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Ericsson
#187 Posted : Tuesday, March 25, 2014 11:02:49 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Expect good if not excellent results from the company sometime in April
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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georgegop
#188 Posted : Wednesday, March 26, 2014 8:11:52 AM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Really? the price has now somewhat stagnated and refused to edge past 20!
Don't Work for Money, Let Money Work for You..
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nashx
#189 Posted : Wednesday, March 26, 2014 2:09:54 PM
Rank: Member

Joined: 2/28/2014
Posts: 188
Location: Nairobi
Why are guys selling Kenya re???
Offering my personal finance knowledge for free
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mypesa
#190 Posted : Wednesday, March 26, 2014 2:17:28 PM
Rank: Member

Joined: 8/14/2007
Posts: 111
nashx wrote:
Why are guys selling Kenya re???

Because others are willing to buy .
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
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