Business Daily | by Victor Juma
anlam Kenya has issued a profit warning for the year ended December, citing negative currency movements and the impact of the Covid-19 pandemic on the value of its assets.
The Nairobi Securities Exchange-listed firm had already made a net loss of Sh99.1 million in the half year ended June on the back of higher expenses and payouts of policyholder benefits.
The insurer had posted a net profit of Sh114.3 million in the previous year ended December 2019…
