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Why Kenyans still favour investing in saccos, banks
ICEA Lion Asset Management Head of Research Judd Murigi speaks at the Serena Hotel during the presentation of the third quarter 2025 consumer Spending Index and Investor Pulse to outline assessment of global economic and market trends and their impact on the local economy and markets on July 28, 2025.
Familiarity has seen Kenyans continue to favour investing through traditional vehicles such as savings and credit co-operative organisations (saccos) and commercial banks, even as the market evolves to include multiple alternative avenues.
Most people remain in the traditional products despite their desire for higher returns, signaling a high degree of risk averseness and a goal of preserving capital.
