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Britam
Britam Holding PLC is a leading diversified financial services group and is listed on the Nairobi Securities Exchange. The group has presence in seven Africa countries in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. Britam offers a wide range of financial products and services which include: Asset Management, Life Assurance, Retirement Planning, General Insurance, Health Insurance, Banking and Property Insurance. Overview Britam's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, South Sudan, Rwanda, Tanzania, Malawi, and Mozambique. The flagship company of the group is the Britam Holding Plc, commonly referred to by its brand name Britam Kenya. According to the Insurance Regulatory Authority report released in 2019, Britam Life Assurance was ranked first in market share with 24.7 percent. History 1965-1999 The group's operations commenced in Kenya in 1965 with the opening of the first office in Nairobi as a foreign branch of B ...
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Britam Tower
The Britam Tower is a commercial building in Nairobi owned by British-American Investments Company (Britam). The skyscraper, the tallest building in Kenya, rises above ground, with 32 usable floors. The building features a unique prismic shapea square footprint and a two-sided roofwith a mast containing three helical wind turbines. Location The tower is located along Hospital Road, in the Upper Hill neighborhood of Nairobi, Kenya's capital and largest city. The geographical coordinates of Britam Tower are 01°18'00.0"S, 36°48'47.0"E (Latitude:-1.300000; Longitude:36.813056). Overview The building is the international headquarters of Britam. It also serves as the regional headquarters of the business conglomerate in East and Central Africa Central Africa is a subregion of the African continent comprising various countries according to different definitions. Angola, Burundi, the Central African Republic, Chad, the Democratic Republic of the Congo, the Republic of ...
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Tavaziva Madzinga
Tavaziva Madzinga (born c.1978) is a Zimbabwean actuary and corporate executive, who was appointed as the Group Managing Director of Britam Holdings Plc (Britam), a financial services conglomerate headquartered in Nairobi, the Kenyan capital, with subsidiaries in Kenya, Uganda, South Sudan, Rwanda, Tanzania, Malawi and Mozambique. His appointment became effective on 1 February 2021. In November 2021, the Business Daily Africa newspaper reported that Madzinga would leave Britam in April 2022, to pursue other interests. In December 2021, it was revealed that Madzinga would become an executive director at Santam, a financial services and insurance provider in Eastern and Southern Africa, effective 1 April 2022. On 1 July 2022, he will become the Group chief executive officer at Santam, replacing ''Lizé Lambrechts'', who will leave the group. She will stay on the job, between 1 April 2022 and 30 June 2022, "to ensure a smooth transition". Madzinga will be based in Bellville, Cit ...
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Housing Finance Company Of Kenya
Housing Finance Company Limited (''HFC Limited''), commonly referred to as Housing Finance, is a commercial bank in Kenya, regulated by the Central Bank of Kenya, the central bank and national banking regulator. HFC is major mortgage lender in Kenya and was the second-largest in the market with KSh33.7 billion (approx. US$302 million) in mortgage loans, as of December 2019. At that time, Kenya Commercial Bank, the largest mortgage lender in the country had KSh64.3 billion (approx. US$577 million) in mortgage loans. Overview Housing Finance Company Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. , the company's total assets were valued at KSh55,445,249,000 (approximately US$497 million), with shareholders' equity of KSh8.562 billion (approx. US$76.8 million). History The company was established in November 1965, to promote a savings culture and home ownership among the citizens of newly independent Kenya. Major investors in th ...
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Upper Hill, Nairobi
Upper Hill is a neighbourhood of the city of Nairobi, the capital and largest city of Kenya. The district has seen an increase in major construction in recent years, with several multinational corporations setting up offices. Location Upper Hill is located by road west of the central business district of Nairobi. The coordinates of Upper Hill are: 1°17'59.0"S, 36°48'58.0"E (Latitude:-1.299719; Longitude:36.816097). Upper Hill lies in two major Nairobi City sub-counties; Kibra and Westlands. Ngong Road separates the two sub-counties. Overview Upper Hill was historically one of the residential neighbourhoods of the city of Nairobi, during colonial times. The that comprise Upper Hill were majorly owned by Kenya Railways. During the 1990s and early 2000s, as land and office space became scarce and exorbitantly priced in the central business district, businesses relocated to Upper Hill and Westlands, where land and office space were more readily available and less expensive. Tod ...
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Nairobi
Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper had a population of 4,397,073 in the 2019 census, while the metropolitan area has a projected population in 2022 of 10.8 million. The city is commonly referred to as the Green City in the Sun. Nairobi was founded in 1899 by colonial authorities in British East Africa, as a rail depot on the Uganda - Kenya Railway.Roger S. Greenway, Timothy M. Monsma, ''Cities: missions' new frontier'', (Baker Book House: 1989), p.163. The town quickly grew to replace Mombasa as the capital of Kenya in 1907. After independence in 1963, Nairobi became the capital of the Republic of Kenya. During Kenya's colonial period, the city became a centre for the colony's coffee, tea and sisal industry. The city lies in the south central part of Kenya, at an e ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Insurance Regulatory Authority (Kenya)
The Insurance Regulatory Authority of Kenya (IRA) is the sole authority charged with regulation and supervision of the insurance industry within the Republic of Kenya. It ensures compliance by insurance/reinsurance companies, protects consumers and promotes a high degree of policy security for policyholders. History Background The regulation of the insurance industry in Kenya was initially based on the UK Companies Act 1960. The Government of Kenya enacted the Insurance Act Kenya CAP 487 in 1985 with the aim of localizing regulation of the insurance business. The newly-enacted legislation established the Department of Insurance within the Ministry of the National Treasury and Planning, headed by a Commissioner of Insurance, to supervise the insurance sector. Creation of IRA The Insurance Act was amended in 2006 in an attempt to promote further efficient regulation of the insurance sector. The Department of Insurance was separated from its parent ministry and established a ...
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Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south and southwest. Malawi spans over and has an estimated population of 19,431,566 (as of January 2021). Malawi's capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name ''Malawi'' comes from the Maravi, an old name for the Chewa people who inhabit the area. The country is nicknamed "The Warm Heart of Africa" because of the friendliness of its people. The part of Africa now known as Malawi was settled around the 10th century by migrating Bantu groups . Centuries later, in 1891, the area was colonised by the British and became a protectorate of the United Kingdom known as Nyasaland. In 1953, it b ...
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Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Notably Northern Mozambique lies within the monsoon trade winds of the Indian Ocean and is frequentely affected by disruptive weather. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and language. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arr ...
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Investment Advisory
An Investment advisory, in financial/investment organizations, is the unit linking the investment professionals in the central asset management unit (Investment Research, Portfolio Management) to the relationship managers and/or to important clients of the asset management organization. Investment Advisors explain the investment ideas of the experts to their internal or external clientele and propose adequate investment solutions. In turn, they identify needs and wishes of the clients or the Relationship Managers of their organization and transport them to the central (financial/investment) asset management unit. Investment advisers basically provide you recommendations and advice related to your portfolio or investment in different fields like mutual funds, intraday trading, investment in share market, tax-saving policies. In INDIA.,investment advisors are registered with SEBI . If any person wants to be an Investment advisor then he/she will have to go through the registration p ...
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Bahamas
The Bahamas (), officially the Commonwealth of The Bahamas, is an island country within the Lucayan Archipelago of the West Indies in the North Atlantic. It takes up 97% of the Lucayan Archipelago's land area and is home to 88% of the archipelago's population. The archipelagic state consists of more than 3,000 islands, cays, and islets in the Atlantic Ocean, and is located north of Cuba and northwest of the island of Hispaniola (split between the Dominican Republic and Haiti) and the Turks and Caicos Islands, southeast of the U.S. state of Florida, and east of the Florida Keys. The capital is Nassau on the island of New Providence. The Royal Bahamas Defence Force describes The Bahamas' territory as encompassing of ocean space. The Bahama Islands were inhabited by the Lucayans, a branch of the Arawakan-speaking Taíno, for many centuries. Christopher Columbus was the first European to see the islands, making his first landfall in the "New World" in 1492 when he landed on the ...
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Rwanda
Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo. It is highly elevated, giving it the soubriquet "land of a thousand hills", with its geography dominated by mountains in the west and savanna to the southeast, with numerous lakes throughout the country. The climate is temperate to subtropical, with two rainy seasons and two dry seasons each year. Rwanda has a population of over 12.6 million living on of land, and is the most densely populated mainland African country; among countries larger than 10,000 km2, it is the fifth most densely populated country in the world. One million people live in the capital and largest city Kigali. Hunter-gatherers settled the territory in the Stone ...
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