Old Mutual Holdings Plc recorded a significant recovery in its financial results, posting a profit after tax of Ksh 882m for the six months to June 30, 2026, up from Ksh 5 million for the corresponding period in 2025. The financial services group said it was due to better performance in the insurance business, continued
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
Old Mutual Holdings PLC has announced changes to its Board of Directors, including the appointment of Barbara Chesire as an independent Non-Executive Director. In a notice dated April 7, 2026, Company Secretary Nannette Milingi said the appointment took effect on March 31, 2026, and remains subject to regulatory approval. “The Board of Directors is pleased
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