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HomeDaily NewsWednesday, March 25, 2026Four in 10 Kenyans Borrow to Meet Daily Expenses - March 2026
Business & Economy3 stories from 1 sources

Four in 10 Kenyans Borrow to Meet Daily Expenses - March 2026

A new report reveals that approximately 40 percent of Kenyans are resorting to borrowing to cover their daily living expenses, highlighting significant financial strain on households. Meanwhile, Kakuzi Plc has doubled its dividend payout to Sh16 per share after achieving a significant profit rebound of Sh387.5 million for the 2025 financial year. Additionally, demand for liquefied petroleum gas (LPG) in Kenya experienced a significant surge, increasing by 14.6 percent to 251,425 metric tonnes in the latter half of 2025, attributed to the government's intensified promotion of clean energy and a consumer shift towards more affordable household fuel options.

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Wednesday 12:00 PMCapital Business

Four in 10 Kenyans borrow to meet daily expenses, report

Four in 10 Kenyans borrow to meet daily expenses, report

A new report reveals that approximately 40 percent of Kenyans are resorting to borrowing to cover their daily living expenses, highlighting significant financial strain on households.

Read Story

Key Highlights

A new report reveals that approximately 40 percent of Kenyans are resorting to borrowing to cover their daily living expenses, highlighting significant financial strain on households.

  • 40% of Kenyans are borrowing for daily expenses.
  • The Old Mutual Financial Wellness Monitor conducted the survey.
  • Despite financial pressure, Kenyans are creating additional income streams, with 5.9 out of 10 financial satisfaction score in 2025, up from 5.2 in 2024.
Tuesday 7:50 PMCapital BusinessFirst

Kakuzi doubles dividend after Sh387.5m profit rebound

Kakuzi doubles dividend after Sh387.5m profit rebound

Kakuzi Plc has doubled its dividend payout to Sh16 per share after achieving a significant profit rebound of Sh387.5 million for the 2025 financial year.

Read Story

Key Highlights

Kakuzi Plc has doubled its dividend payout to Sh16 per share after achieving a significant profit rebound of Sh387.5 million for the 2025 financial year.

  • The company's net profit surged, recovering from a Sh131.6 million loss in 2024, with total revenue reaching Sh5.4 billion.
  • Key figures include Chairman Nicholas Ng’ang’a and Managing Director Chris Flowers, who highlighted ongoing efforts to diversify and mitigate external shocks.
  • Despite a 96 percent rise in avocado profits, export performance was challenged by geopolitical tensions and increased global supply, prompting exploration of alternative markets like China and India.
Wednesday 10:11 AMCapital Business

LPG demand in Kenya up 14.6pc to 251,425 tonnes

LPG demand in Kenya up 14.6pc to 251,425 tonnes

Demand for liquefied petroleum gas (LPG) in Kenya experienced a significant surge, increasing by 14.6% to 251,425 metric tonnes in the latter half of 2025.

Read Story

Key Highlights

Demand for liquefied petroleum gas (LPG) in Kenya experienced a significant surge, increasing by 14.6% to 251,425 metric tonnes in the latter half of 2025.

  • The total LPG demand reached 251,425 metric tonnes.
  • The Energy and Petroleum Regulatory Authority (EPRA) reported the findings.
  • Growth is attributed to clean cooking campaigns, the government's LPG expansion strategy, and VAT exemptions under the Finance Act, 2023.
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