The Online Kenyan Logo

The Online Kenyan

HomeTop StoriesLive TVVideosPoliticsBusinessSportsTechEntertainment
HomeTop StoriesLive TVVideos
PoliticsBusinessSportsTechEntertainment

Footer

The Online Kenyan Logo

The Online Kenyan

News & Breaking Headlines

news@theonlinekenyan.com
+254 758 277 017

Follow Us

Explore

DailiesWeekliesTopicsVideosHow to file 2024 KRA Returns

Legal

  • Privacy Policy
  • Terms of Use
  • AI Content Policy

© 2026 The OK Company. All rights reserved.

Made within Kenya
HomeDaily NewsWednesday, April 1, 2026Under 40s drive money market funds uptake, StanChart report - April 2026
Business & Economy3 stories from 2 sources

Under 40s drive money market funds uptake, StanChart report - April 2026

Younger Kenyans, particularly those under 40, are increasingly driving the uptake of money market funds (MMFs) in Kenya, according to a new report from Standard Chartered Bank. Safaricom's Ziidi Money Market Fund has reported strong financial performance, posting a profit after tax of Sh784.2 million for the 14-month period ending December 31, 2025. Meanwhile, Kenya's National Treasury is transitioning to an electronic Pension Management Information System (e-PMIS) for retired civil servants starting May 1, 2026, aiming to eliminate lengthy processing delays and enhance security.

Listen to this coverage2 min

Read aloud by your device

CCapital BusinessFirstNNation Business

News Coverage

Wednesday 9:35 AMCapital BusinessFirst

Under 40s drive money market funds uptake, StanChart report

Under 40s drive money market funds uptake, StanChart report

Younger Kenyans, particularly those under 40, are increasingly driving the uptake of money market funds (MMFs) in Kenya, according to a new report from Standard Chartered Bank.

Read Story

Key Highlights

Younger Kenyans, particularly those under 40, are increasingly driving the uptake of money market funds (MMFs) in Kenya, according to a new report from Standard Chartered Bank.

  • 67% of Standard Chartered's Shilingi Funds investors are under the age of 40, making them the fastest-growing segment in wealth management.
  • This trend highlights a generational shift towards early wealth creation, with younger investors favoring simple, accessible, and liquid financial products.
  • While digital platforms facilitate transactions, many still seek professional advice for investment options and portfolio building. Standard Chartered is expanding its digital platforms to cater to this demand.
Wednesday 2:19 PMCapital Business

Safaricom’s Ziidi Money Market Fund posts Sh784.2mn profit

Safaricom’s Ziidi Money Market Fund posts Sh784.2mn profit

Safaricom’s Ziidi Money Market Fund has reported a strong financial performance, posting a profit after tax of Sh784.2 million for the 14-month period ending December 31, 2025.

Read Story

Key Highlights

Safaricom’s Ziidi Money Market Fund has reported a strong financial performance, posting a profit after tax of Sh784.2 million for the 14-month period ending December 31, 2025.

  • The fund generated Sh1 billion in income from Sh14.7 billion in investor funds.
  • The key organization involved is Safaricom and its Ziidi Money Market Fund.
  • This performance is attributed to growing investor uptake, driven by the fund's accessibility allowing M-Pesa users to invest from as little as Sh100.
Wednesday 1:45 PMNation Business

How new digital system seeks to ease pensioners’ pain

How new digital system seeks to ease pensioners’ pain

Kenya's National Treasury is transitioning to an electronic Pension Management Information System (e-PMIS) for retired civil servants starting May 1, 2026, aiming to eliminate lengthy processing delays and enhance security.

Read Story

Key Highlights

Kenya's National Treasury is transitioning to an electronic Pension Management Information System (e-PMIS) for retired civil servants starting May 1, 2026, aiming to eliminate lengthy processing delays and enhance security.

  • Only claims submitted through the new e-PMIS platform will be processed from the deadline.
  • The system, piloted and now being rolled out, requires mandatory data fields like KRA PIN and national ID for claim submission.
  • This digitization is expected to benefit teachers significantly, who constitute the largest group in Kenya's public workforce and have faced prolonged delays in receiving their retirement benefits.
Advertisement

More from Wednesday, April 1, 2026

DR Congo Qualifies for World Cup After 52-Year Wait - April 2026
Sports News & Updates3 stories

DR Congo Qualifies for World Cup After 52-Year Wait - April 2026

S
Standard Sports
Gikomba Market Demolition Sparks Opposition Criticism - April 2026
Breaking News & Top Stories7 stories

Gikomba Market Demolition Sparks Opposition Criticism - April 2026

N
K
Nation News, KTN News (Youtube) +1
Government Printer at Risk of Shutdown Over Ksh475.4M Debt - April 2026
Breaking News & Top Stories5 stories

Government Printer at Risk of Shutdown Over Ksh475.4M Debt - April 2026

K
N
Kenyans, NTV Kenya (Youtube) +1
Advertisement

More Stories

DR Congo Qualifies for World Cup After 52-Year Wait - April 2026
Sports News & Updates3 stories

DR Congo Qualifies for World Cup After 52-Year Wait - April 2026

S
Standard Sports
Gikomba Market Demolition Sparks Opposition Criticism - April 2026
Breaking News & Top Stories7 stories

Gikomba Market Demolition Sparks Opposition Criticism - April 2026

N
K
Nation News, KTN News (Youtube) +1
Government Printer at Risk of Shutdown Over Ksh475.4M Debt - April 2026
Breaking News & Top Stories5 stories

Government Printer at Risk of Shutdown Over Ksh475.4M Debt - April 2026

K
N
Kenyans, NTV Kenya (Youtube) +1
Advertisement