Prime

Sanlam Kenya projects at least 25pc drop in full-year profit

Listed insurer Sanlam Kenya has issued a profit warning as it projects fall in net earnings by at least 25 per cent in 2016 compared to the previous year. FILE PHOTO | NATION MEDIA GROUP

Listed insurer Sanlam Kenya has issued a profit warning as it projects fall in net earnings by at least 25 per cent in 2016 compared to the previous year.

The insurer attributed the anticipated profit drop to market-to market fair value on equity investments and government securities.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Airtel Money bets on low fees against M-Pesa as market matures

  2. PRIME Health agencies cut pending bills by Sh31bn in a year

  3. PRIME A warm bar, cold whisky and strange company

  4. PRIME CMA questions hit Kenya sale of Dangote shares

In the headlines

View All