Listed non-bank financial services provider Sanlam Allianz Holdings (Kenya) Plc has recorded a Ksh 124.6 million net profit for the half-year period, marking a significant increase from Ksh 30.9 million reported during the same period last year. The company said the performance remained resilient despite higher claims and lower investment returns during the period. Sanlam
Financial protection remains a challenge, with 79% of youth-owned businesses uninsured and only 26% actively saving for retirement. Cost pressures remain significant, with 43% of respondents having borrowed money to meet everyday expenses, while 38% report occasionally exceeding their monthly budgets. Sports betting is also emerging as a financial risk. About 23% of youths participate
The Monetary Policy Committee (MPC) has maintained Kenya’s Central Bank Rate (CBR) at 8.75% as the country’s economy continues to show signs of growth. The committee made the decision during its meeting on Tuesday, August 11, 2026. The move comes as Kenya continues to manage inflation pressures, rising food prices and uncertainty linked to global
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