Young Kenyans resort to ‘mpango wa kando’ or income streams diversification as guarantee of financial satisfaction
Saving remains a priority among young people, with 97 per cent reporting that they have a savings goal. Their leading priorities include starting a business (29 per cent), investing in an existing business (23 per cent), funding their children’s education (21 per cent), buying a home (20 per cent) and building an emergency fund (19 per cent).
Banking, insurance and financial services provider Old Mutual Holdings rakes in $6.6m to double its profits
The profit was driven by double-digit growth in asset management and strong performance in life business and represents a two percent increase from Ksh838 million recorded in 2023.
