A new survey finds that a majority of Kenyans are increasingly turning to loans to meet basic needs, fund education, and invest in businesses amid tough economic conditions. The latest Financial Wellness Monitor Report, released on Wednesday, March 25, 2026, by Old Mutual, found that 74% of working Kenyans took out a loan in the
Old Mutual Holdings Plc has announced the exit of two senior members of its board, marking a transition in its leadership structure. In a notice dated Thursday, March 19, 2026, the company confirmed the retirement of Robert Mbugua as a Non-Executive Director, effective March 10, 2026, after completing his 9-year term on the board. “The
Old Mutual Group, on February 3, 2026, entered into a strategic partnership with Paystack to simplify and strengthen digital payments across its insurance and investment platforms, reducing transaction friction and improving the end-to-end customer experience across its digital journeys. The integration enables customers to complete insurance and investment transactions more quickly and securely through multiple