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PRESS RELEASE 7TH March, 2019- UAP Insurance Rwanda continues to proudly stand with Women in Rwanda and the world to celebrate womanhood. This date marks the re-launched of the Company Women’s network (OWN) across Africa including Rwanda. This year the network focus will be broad and inclusive, driven by women to advocate for women’s issues. Aligning the 2019 theme “BalanceForBetter”, a call to action for women and men across the globe to seek for better balance, UAP Insurance Rwanda is visiting CENTER IZERE NYAMATA - A centre of children with various forms of deformities and vulnerabilities. The Center is managed by wonderful women who volunteered to support Parents with challenged children by providing excellent care to their children. The Center was founded by Mrs. Cecile Umunyana a nurse who currently have 5 staff mainly women taking care of about 20 Children since 2005. The center advises advices and medical support to parents with disabled children at their home places and communities. UAP Insurance Rwanda wishes to support the center with some donations and add its voice to Mrs. Celine’s advocacies voice and improve the children’s lives. The initiative will serve to officially launch OWN, the employee women network in Rwanda. Through this initiative, we hope to inspire all of us to find our balance – for the sake of our health, our relationships and our ability to be our exceptional best. For Further Press Information, please contact Adeline Nzitatira on +250 788591106; Email [email protected] PR, Marketing & Communications Specialists Notes to Editors About UAP Insurance Rwanda UAP Insurance Rwanda is a subsidiary of UAP Old Mutual Group an integrated financial services provider comprising Banking, Insurance and Investment businesses. The East Africa business is headquartered in Kenya with operations in Rwanda, Uganda, South Sudan and Tanzania. UAP Insurance Rwanda commenced operations in October 2012 to provide General and Health Insurance, with market-led approaches and capacity to offer differentiated solutions. As evidenced by the firm’s customers, UAP Rwanda has a diverse portfolio of protection solutions for customer risks with a customer-centric focus. UAP’s entry into the Rwanda market with innovative solutions has contributed significantly to the scope of insurance products available for customers in the Market. Our vision is to become Rwanda’s revolutionary financial services company; one that is committed to improving the dignity of life by bringing peace of mind and financial freedom to Rwandans. UAP Insurance Rwanda management and staff have adopted local approaches to co-craft solutions for customers and served them with world-class systems and processes to delight them. We have presence in Kigali, Musanze, Rubavu, Kayonza, Muhanga and Rusizi to ensure that we are accessible to our customers..

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Positively Impacting Our Communities
POSITIVELY IMPACTING OUR COMMUNITIES The UAP Old Mutual Faulu Foundation is the UAP Old Mutual Group’s Social Responsibility arm focusing on Health, Financial Well-being and Environment. This year, the Foundation has delivered the following initiatives: Investing in Healthcare Conserving the Environment The UAP Old Mutual Faulu Foundation partners with UAP Old Mutual Faulu Foundation aids initiatives that organisations to support Initiatives that improve access to promote environmental conservation through funding of quality healthcare through the improvement of medical sustainable projects. infrastructure and intervention programmes. This year the UAP Old Mutual Faulu Foundation has made significant The UAP Old Mutual Faulu Foundation sponsored the strides: planting of 4000 tree seedlings at Kereita Forest on Saturday, 30th November 2019. This was during the 6th edition of the 1. Improvement of efficiency at the Mama Lucy Kibaki Forest Challenge organized by East African Wildlife Society, L-R Peter Mwangi, Group CEO UAP Old Mutual Group, Dr. Peter Wanyaga Muthoka, UAP Old Mutual Faulu Foundation Chairman Kenya Forest Service and Kijabe Environment Volunteers. Hospital through installation of a Queue Management and Mr. Joe Aketch, Chairman Mama Lucy Kibaki Hospital System. The System will improve the hospital’s service The Foundation’s tree planting agenda is aligned to the Management during the Agreement Signing Ceremony at the Mama Lucy Kibaki Hospital for over one thousand (1,000) patients received daily National target of achieving 10% tree cover by 2022. from the Eastlands area of Nairobi and its environs by reducing long waiting times. In addition to the Since inception, the Foundation has supported planting of installation, the comfort of patients seeking treatment over 70,000 trees for the conservation of the water towers.
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International Journal of Economics and Financial Research ISSN(e): 2411-9407, ISSN(p): 2413-8533 Vol. 4, Issue. 11, pp: 337-348, 2018 Academic Research Publishing URL: https://arpgweb.com/journal/journal/5/aims Group DOI: https://doi.org/10.32861/ijefr.411.337.348 Original Research Open Access Short Term Performance Implications of Privately Quoted Companies After the Announcement of Merger and Acquisition: A Case of UAP Holding Limited in Kenya Benjamin O. Abongo Kenya Methodist University, Nairobi, Kenya Abstract The contemporary business environment has been highly complex and dynamic with organizations facing unprecedented amount of competition due to globalization and technological innovations. Merger and acquisition is one of the most popular organization strategy that organizations apply when faced with this kind of operating environment acquiring resources, skills, and competencies beyond their organization control. Many studies have been done to support implementation of M&As within organizations but they have indicated conflicting outcomes with some showing that it negatively affect organization performance and others indicating they positively affect performance. However, none of the studies done has concentrated on the effect within the privately traded organizations and very few but conflicting studies have been done on this relationship in Kenya. This study therefore sought to assess the effects of merger and acquisition on the performance of privately trading organizations in Kenya. The study was grounded upon the efficiency theory, the market power theory, and economic production theory. Reviewed literature revealed existing gaps related to the literature. The study adopted descriptive research design on short run data collected at UAP Insurance within the pre-merger (2012-2014) and post-merger (2015- 2017) periods for various performance statistics, where descriptive analysis was applied to assess the differences and independent sample t-test.
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