Nairobi, Wednesday, 20 May 2020
UAP Old Mutual General Business has partnered with Uber to provide 3-ply masks to Uber drivers in Nairobi & Mombasa worth Kes 2.75 million. The distribution of the face masks was done from the AutoXpress network of branches in the country.
David Kuria, MD Insurance Business at UAP Old Mutual said, “Partnerships such as this one with Uber and AutoXpress are vital in the fight to manage and to stop the spread of the pandemic. If we all play our part, then we will achieve our goal. As the UAP Old Mutual Group, we continue to play our part to ensure that our customers, staff, partners and communities remain safe during this period.”
Brian Njao, Uber Country Manager for Kenya added, “The uncertainty caused by COVID-19 is being felt around the world. The safety of drivers and riders on our platform continues to be a key focus for us. We are collaborating with UAP Old Mutual Group and AutoXpress to support drivers on our platform by providing them with masks to limit the spread of coronavirus and adhere to the guidelines issued by various health authorities and the Government.”
“AutoXpress is pleased to support this noble initiative that protects so many members of society, this is why we offered our branches as staging points of convenience and support,” said Mr. Sandeep Shah, AutoXpress Managing Director. Uber drivers can continue to benefit from the ongoing exclusive Uber offers on Tyres, Car Service, Suspension, Accessories, Brakes and Batteries,” he added.
In addition, UAP Old Mutual Faulu Foundation has contributed Kshs 2 Million to the Association of Kenya Insurance (AKI) & Insurance Regulatory Association (IRA) joint industry humanitarian response to the Covid-19 crises in Kenya as well.
ABOUT UAP OLD MUTUAL GROUP:
UAP Old Mutual Group is a subsidiary of Old Mutual Limited, a listed company on the Johannesburg Stock Exchange with secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges. As a Pan-African financial services company with a strong heritage of 175 years, it has presence in 13 markets across Africa. In East Africa, the Group has over 1.5M customers, 1,400 employees, 12 iconic properties and over USD 2B in funds under management in the region.
In Kenya where it has been serving customers for 100 years, the UAP Old Mutual Group has the third largest short-term insurance business and a fast-growing Life Assurance business. It has established diverse distribution networks via brokers, an agency force, direct sales, bancassurance, digital channels and supermarkets.
In South Sudan, the Group has the largest short term insurance business. In Uganda, the Group has the largest Life Assurance Business and has the second largest short-term business in the country. UAP Old Mutual also has short term insurance businesses in Rwanda and Tanzania.
Regionally the Group has a Kshs. 20B property portfolio with iconic buildings; Equatorial Tower in South Sudan, Nakawa Business Park in Uganda and UAP Old Mutual Tower in Nairobi among others.
Uber’s mission is to help people get a ride at the push of a button - everywhere and for everyone. We started in 2009 to solve a simple problem - how do you get a ride at the touch of a button? With over 10 billion trips later, we’ve started tackling an even greater challenge: reducing congestion and pollution in our cities by getting more people into fewer cars.
Uber is available in sixteen cities in Sub-Saharan Africa (Cape Town, Durban, Joburg, Pretoria, Port Elizabeth, East London, Nairobi, Mombasa, Lagos, Abuja, Benin City, Abidjan Kampala, Accra, Kumasi and Dar es Salaam). Overall, the Uber network is available in over 10 000 cities in over 65 countries. To request a ride, users must download the free application for Android, iPhone, Blackberry 7, or register for Uber at www.uber.com/go. For questions visit www.uber.com
AutoXpress is a market leader in the sale and fitment of auto parts and accessories and servicing of vehicles in East Africa with a network of 50 branches across Kenya, Rwanda Tanzania and Uganda. It represents some of the best-known global brands in the automotive sector ranging from Bridgestone and Pirelli in the tyre sector, Bosch, and Petronas in the service parts sector.
AutoXpress offers fast, efficient and truly superior service with an identifiable difference ensuring the best customer experience. With the widest product range and the largest stock in the region, we cater to retail customers, resellers, garages, and corporate fleet operators.
Your ultimate car doctor!
Products and Services
|Fund Name||Currency||Daily Yield||Effective Annual Rate|
|Old Mutual Money Market Fund||Kenya Shillings||7.09%||7.33%|
|Fund Name||Currency||Buying Price||Selling Price|
|Old Mutual Equity Fund||Kenya Shilling||388.75||388.75|
|Old Mutual Balanced Fund/Toboa||Kenya Shillings||146.02||146.02|
|Old Mutual Bond Fund||Kenya Shillings||100.17||100.17|
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