Old Mutual Reports KES 856 Million Profit as Digital Growth and Thrive App Drive Momentum
Old Mutual Holdings today reported a profit after tax of KES 856 million for the year ended December 2025.This represents a 2% growth from KES 838 million the company recorded back in 2024. The Group’s performance was supported by strong gains in its core businesses, particular..
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Old Mutual Holdings has reported a KES 856 million profit after tax for the year ended December 2025, marking a 2% increase from the previous year.
- The company's profit after tax reached KES 856 million, up from KES 838 million in 2024.
- Key drivers of this growth for Old Mutual were its strong performance in asset management and life insurance, bolstered by increasing traction on its digital platforms.
- Significant digital expansion was noted through the wellness platform Thrive, which saw downloads surge to 128,153 in 2025, and e-commerce sales climbing to KES 708 million.
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M-Pesa Turns Android Phones into Global Visa Cards in Tanzania - March 2026
Vodacom Tanzania, in partnership with M-Pesa Africa, Visa, and Paymentology, has launched Africa's first mobile-money Tap-to-Pay feature for Android users, enabling contactless payments at Visa-enabled terminals globally. M-Pesa has also rolled out this Tap-to-Pay feature in Tanzania, allowing users to make contactless payments using their smartphones. This launch positions Tanzania as the first African country to receive this mobile money innovation. In related financial technology news, Old Mutual Holdings reported a KES 856 million profit after tax for the year ended December 2025, marking a 2% increase from the previous year, with digital growth and the Thrive App driving momentum.
