Ndegwa Family to Regain Full Control of ICEA Lion in $65,600 Stake Buyback

(NAIROBI, KENYA) – The family of the late former Central Bank of Kenya governor Philip Ndegwa is set to regain full ownership of ICEA Lion Insurance Holdings after agreeing to buy back a 24.1% stake for KES 8.5 billion ($65,600 / GBP 49,200). First Chartered Securities, the investment vehicle controlledContinue Reading

Officials from Ecobank South Sudan and the NSIF during a meeting in Juba

JUBA—The National Social Insurance Fund (NSIF) and Ecobank South Sudan have opened discussions on a partnership covering fund management, investment, digital payments and financial controls as the Fund prepares to begin registering contributors on Oct. 1. The discussions were held Monday at the NSIF headquarters in Juba, with the Fund’sContinue Reading

South Sudan Trade Ministry Alerts Importers to Fraud

(JUBA) – The Ministry of Trade and Industry has warned businesses and the general public about fake documents being shared in Juba and other areas. The documents falsely claim that import licences have been cancelled and that new vehicle insurance payments are required. In a public statement issued on Tuesday,Continue Reading

(JUBA) – UAP Insurance South Sudan (UAPISS), a subsidiary of Old Mutual Holdings, has officially announced it is winding down operations in South Sudan, ending nearly two decades of service in the country’s insurance and financial services sector. The company said in a public notice that, effective 3 July 2025,Continue Reading