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  • Jubilee appoints internal successor Juan Cazcarra as it pursues digital growth across East Africa

    Jubilee appoints internal successor Juan Cazcarra as it pursues digital growth across East Africa

    Jubilee Group has appointed Juan Cazcarra as its new Group Chief Executive Officer, effective December 1, 2026, succeeding Dr. Julius Kipng’etich, who will retire on November 30 after nearly nine years leading the East African financial services group.

    Cazcarra, who joined Jubilee in July 2021 as Chief Operating Officer, has served as Deputy Group CEO since April 2025. His appointment puts an executive familiar with the group’s operations and transformation strategy in charge of a business with insurance and investment interests across Kenya, Uganda, Tanzania and Burundi.

    He brings more than 20 years of experience in the insurance industry, having held senior leadership positions across Europe, Southeast Asia and Africa. According to Jubilee, his previous responsibilities have covered finance, operations and risk management, while his time at the group has involved advancing digital transformation, improving operational efficiency, simplifying processes and strengthening service delivery.

    Jubilee Group Chairman Zul Abdul said Cazcarra’s industry experience, institutional knowledge and understanding of the group’s ambitions made him well placed to lead the company. Abdul said the board was confident in his ability to build on Jubilee’s achievements and guide its next phase of growth.

    Cazcarra holds a Master of Business Administration from Universidad Pontificia Comillas (ICADE) and a bachelor’s degree in Law from Universidad de Zaragoza, both in Spain.

    Kipng’etich’s retirement closes a leadership period that began on January 1, 2018, during which Jubilee made significant changes to its business structure and investment portfolio.

    One of the most consequential developments came in 2020, when Jubilee agreed to sell its majority interests in its general insurance businesses to Allianz. The transaction formed part of a broader effort to simplify the group’s operations and concentrate on more profitable insurance activities.

    The group also expanded its investments in selected portfolio companies, including Uganda’s Bujagali hydropower project and SEACOM, an African fibre optic network operator. In 2025, Jubilee moved its headquarters to a property it had purchased from Coca-Cola in Nairobi’s Upper Hill business district.

    These developments reflect the wider evolution of Jubilee’s business beyond its traditional insurance operations. Its portfolio includes life and health insurance, alongside Jubilee Asset Management, which provides investment solutions such as money market and fixed-income funds to individuals and institutions.

    In announcing the leadership transition, Abdul credited Kipng’etich with strengthening Jubilee’s regional position, championing sustainable growth and developing management talent. He described the outgoing CEO’s contribution as instrumental to the group’s development and wished him well in retirement.

    The incoming CEO takes charge as Jubilee pursues technology-led approaches to insurance distribution, product development and customer service. His involvement in this strategy includes partnerships aimed at extending insurance access to individuals and businesses that have traditionally had limited access to formal financial protection.

    In July 2026, Jubilee partnered with FSD Africa to develop affordable insurance and investment solutions for underserved Kenyans. The initiative involves J-Hub, Jubilee’s innovation and technology arm, and brings together technology companies to develop products addressing gaps in insurance access.

    The collaboration brought seven insurtech companies into Jubilee’s product development efforts: Dukatech Solutions, Aura Insure Technologies, Inclusivity Solutions, DPE, Fiinovate, Agrails and Ibisa Network. Their areas of work include embedded insurance, digital underwriting, SME protection, climate intelligence, satellite data and artificial intelligence.

    Cazcarra participated in the partnership in his capacity as Deputy Group CEO. The initiative forms part of Jubilee’s efforts to work with technology providers to develop new insurance products and distribution channels.

    Jubilee has also partnered with bolttech to expand digital distribution in its health insurance business. The collaboration focuses on embedded insurance, with technology supporting customer onboarding, premium collection and claims processing.

    These partnerships build on the group’s wider efforts to simplify operations and improve service delivery. Cazcarra will now oversee the execution of these priorities across Jubilee’s regional businesses as the group seeks to connect its technology investments with broader insurance access and operational performance.

    The appointment comes as Jubilee reports positive financial performance, providing the incoming CEO with a substantial earnings base as he prepares to take over.

    The group recorded an 18% increase in net profit to KSh5.55 billion for the 2025 financial year. Its profit rose by a further 13% to KSh3.45 billion in the first half of 2026, while total assets reached KSh272.7 billion.

    Founded in 1937, Jubilee serves more than 1.4 million customers and beneficiaries across Kenya, Uganda, Tanzania and Burundi. Its operations span insurance and investment management, with products serving individuals, families, businesses and institutional investors.

    For Cazcarra, the priorities include sustaining the group’s financial performance, strengthening its regional operations and advancing the digital initiatives already underway. His experience within Jubilee’s senior management gives him familiarity with the business as he assumes responsibility for its insurance and investment operations.

    He will formally take over from Kipng’etich on December 1, 2026, beginning a new leadership period for one of East Africa’s established insurance and financial services groups.

  • Wealthy investors shell out record Sh1trn for seven bonds

    Wealthy investors shell out record Sh1trn for seven bonds

    Wealthy investors and fund managers splashed a record Sh1 trillion on seven bonds over four months, reflecting the abundance of cash in an economy that is favouring passive investments over setting up businesses.

    Investor bids in auctions since July topped the Sh1 trillion mark, which was more than double the Sh480 billion sought by the Central Bank of Kenya (CBK) in the sales.

  • A blooming hobby: The patience and joy of growing orchids

    A blooming hobby: The patience and joy of growing orchids

    For many people, orchids are beautiful but intimidating plants, admired from a distance and often dismissed as expensive. Yet, for members of the Kenya Orchid Society, they are an accessible hobby that rewards patience, brings people together and offers years of enjoyment.

    At the Kenya Orchid Society Annual Show, held at Sarit Expo Centre in Nairobi on October 30, 2026, hundreds of orchids were displayed in an array of colours, shapes and sizes.

  • Inside the luxury property rush in Kenya’s wildlife conservancies

    Inside the luxury property rush in Kenya’s wildlife conservancies

    As many scramble for 100 feet by 50 feet plots in Nairobi and its environs, there is a new rush among the super-rich to get away from the city and acquire plots of up to 230 acres in conservancies located in the wild.

    Lolldaiga Conservancy, in Nanyuki, is the latest to join the foray, with 11 plots for sale in Lolldaiga Valley. The smallest plot on sale is Forest Lugga East, at 15.2 acres going for $395,000 (Sh51 million) while the largest is Big Glade being 233 acres.

  • Wayne Rooney’s unusual phobia emerges ahead of I’m a Celeb appearance appearance

    Wayne Rooney’s unusual phobia emerges ahead of I’m a Celeb appearance appearance

    Wayne Rooney's unusual phobia emerges ahead of I'm a Celeb appearance appearance

    Wayne Rooney has an unusual phobia that he will be hoping he does not stumble across during the jungle after being revealed as the 2026 headliner for I'm a Celebrity.

    Manchester United's record goalscorer has been focusing on punditry following a disappointing spell in management with Derby County, D.C United, Birmingham City and Plymouth Argyle.

    The ITV reality show returns on November 16 and according to The Sun, Rooney will be part of the star-studded line-up when it is officially announced by ITV.

    Arguably the biggest signing in the show's history, he follows on from his wife Coleen after she reached the final in 2024.

    One of England's greatest ever players, Rooney has a lot of qualities that could see him thrive in Bushtucker trials and challenges.

    But the 41-year-old has already revealed his phobia to be large fish following an admission.

    During an appearance on punditry for BBC in a FA Cup clash between Brighton and Nottingham Forest, host Gary Lineker stated: "We still got a little time to talk. What we did learn during that first half was that Wayne Rooney's scared of fish."

    Rooney explained: "I just don’t like them. It’s the big fish that I’m scared of."

    Rooney's kids are said to be ecstatic about watching him take on the jungle and he will be hoping to become the second ever footballer to win the show.

    Lioness legend Jill Scott made history when she was crowned Queen of the Jungle in 2022.

    John Fashanu came close when he finished 2nd in 2003, while in 2015 Kieron Dyer was fourth – the same place David Ginola finished in 2021.

    Ian Wright came eighth during his appearance in 2019, while Jimmy Bullard, Harry Redknapp and Wayne Bridge are other notable names in football to participate.

    Rooney's other half Coleen reportedly received £1.5 million for her appearance two years ago, with it expected that the former Everton star's fee will surpass that.

    As per rumours, Rooney is not the only sportsman to be heading Down Under. That's because Ade Adepitan, former wheelchair basketball player, has signed up.

    The 53-year-old won bronze at the 2004 Athens Paralympics when he represented Great Britain and a year later he claimed gold at the 2005 Paralympic World Cup.

    Adepitan, who received an MBE for his services to disability sport, lost the use of his left leg after contracting polio when he was just 15 months old.

    He will become become the first I'm a Celeb contestant with a wheelchair to appear. ITV will therefore adapt the camp to help Adepitan get around, while some trials involving him would likely have to be modified in some way.

  • Goons, police top list of perpetrators in attacks against Kenyan journalists as violations more than double

    Goons, police top list of perpetrators in attacks against Kenyan journalists as violations more than double

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    Listen to articleAccording to the newly released report, criminal gangs and political activists were linked to 17 cases, while police officers accounted for 12 incidents during the first quarter of the 2026/2027 financial year.Goons and police officers have emerged as the leading perpetrators of attacks against journalists in Kenya, accounting for 29 of the 47 press freedom violations documented by the Media Council of Kenya (MCK) between July and September 2026.

  • Lewis Hamilton’s biggest complaint over Charles Leclerc penalty has been perfectly proven as data emerges

    Lewis Hamilton’s biggest complaint over Charles Leclerc penalty has been perfectly proven as data emerges

    Lewis Hamilton's biggest complaint over Charles Leclerc penalty has been perfectly proven as data emerges

    Lewis Hamilton's biggest complaint about the FIA's decision to award Charles Leclerc a five-second penalty for their lap one incident at the Mexico City Grand Prix has been proven even further by new data.

    Hamilton finished second in Mexico City behind Max Verstappen, with Leclerc eventually crossing the line in fourth. But the big drama occurred on the opening lap when Leclerc left the track and gained an advantage at turn four, having taken too much speed into the corner as he attempted to overtake Hamilton around the outside for first place.

    Hamilton also went off the circuit but rejoined in the correct manner, falling behind Red Bull's Verstappen. But by his actions, Leclerc was able to take the lead and, because he was not ordered to give the position back, kept hold of it and pulled out a considerable advantage over Verstappen and Hamilton behind.

    While Hamilton made his feelings clear about Leclerc's move on the first lap of the race, he was also highly critical over team radio of the FIA's decision to punish the Monegasque driver with only a five-second penalty. Under the FIA's regulations, a standard 10-second penalty is usually applied, but the stewards deemed there to be mitigating circumstances in that Hamilton also left the track.

    Their decision meant that Hamilton was effectively dealt a double blow, in that he had to conserve his tyres in dirty air behind Verstappen while Leclerc was free to push on ahead.

    By the time of their first pit stops, Leclerc had pulled out over eight seconds on Hamilton and, as race leader, was given pit stop priority. With Hamilton pitting a lap later, Leclerc was able to serve his five-second penalty and still be ahead of his team-mate by the time both drivers had stopped.

    Individual lap time data from the Mexico City Grand Prix has emerged which proves Hamilton's point perfectly. Across just three of the opening 26 laps – before both Ferraris pitted – was Hamilton faster than Leclerc, and one of those was on Leclerc's in-lap when he would have been slower in approaching the pit exit.

    Conversely, when he had slightly more free air, Hamilton was quicker than Leclerc on the medium tyres for six consecutive laps, until he again held back to conserve his tyres.

    Following the red flag, Hamilton was a cumulative 10 seconds quicker than Leclerc over the final 20 laps of the Grand Prix and set a faster lap time on every occasion – though the mitigating factor in that part of the race was that Leclerc had badly flat-spotted his front left tyre after a severe lock-up on the restart.

    But those laps do show that, if the seven-time world champion had been in clean air for the first stint like Leclerc was, there would be no reason why Ferrari couldn't have secured a one-two.

    After being told by race engineer Carlo Santi that Leclerc had been awarded a five-second penalty, Hamilton replied: "The problem with the five-second penalty is that he's got clean air. He doesn't have to manage like the rest of us. Should just give the positions back."

    "The stewards have basically handed Charles this win. We agreed in the drivers' briefing."

    "We, as a team, worked so hard," Hamilton said in his post-race press conference. "We could have easily had a one-two today. We had the pace to do so.

    "We're going into turn four [in] first and second. If we just held position, I think anything can happen in the race. But when your team-mate works against you, and then you lose positions like that, it's definitely tough.

    "I think the core thing to remember, which maybe comes with age, is that every decision you make in the car impacts all the people who work in the background. The whole team. So working as a team is part of our job and part of our contract. We have to work as a team, which we could have easily done today.

    "It's a shame to see us lose today, and that will just continue unless action is taken and a real, deep, serious conversation is had so it shouldn't happen moving forward."

  • Jubilee Group Picks Juan Cazcarra As the CEO

    Jubilee Group Picks Juan Cazcarra As the CEO

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    Jubilee Group has appointed Juan Cazcarra as its new Group Chief Executive Officer, effective December 1, 2026, succeeding Dr. Julius Kipng’etich, who retires on November 30 after eight years at the helm.Cazcarra, is an insider who is presently Deputy Group CEO He joined Jubilee Group 5 years ago and took up his present position in April last year.

  • How Govt Is Curbing Exam Cheating And Catching Wrongdoers

    How Govt Is Curbing Exam Cheating And Catching Wrongdoers

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    The government has stepped up its crackdown on examination malpractice, deploying tighter surveillance, restricting access to mobile phones at examination centres and pursuing suspects accused of attempting to compromise the integrity of national examinations.The latest operation has led to the arrest of John Odhiambo Opiyo at Kibabii University in Bungoma County, where a mobile phone containing suspected evidence was reportedly recovered.

  • “Don’t wash dishes” Airbnb draws the line on guest chores

    “Don’t wash dishes” Airbnb draws the line on guest chores

    Wash the dishes after meals, strip the bed before leaving, and take out the rubbish: where does being a considerate Airbnb guest end and becoming an unpaid cleaner begin?

    For Kenyans booking accommodation through Airbnb, the boundary is becoming clearer, thanks to a policy issued on October 20 that will apply to reservations booked on or after November 20.