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Britam ready for dividends after clearing Sh5.8bn
Britam Holdings Limited Group Managing Director and CEO Tom Gitogo makes his remarks during the launch of KidNest Investment Account on August 13, 2026 at Britam Towers.
Photo credit: Francis Nderitu | Nation Media Group
Britam Holdings has completed the elimination of accumulated losses from its balance sheet through a Sh5.87 billion reduction in its share premium account, clearing the way for the resumption of dividend payments after a six-year pause.
The Company Act bars an institution from paying dividends if it has accumulated losses.