Liberty Life Kenya Guaranteed Fund Stalls, Offers New 9% Rate

Liberty Life Assurance in Kenya faces challenges generating returns on its guaranteed fund, a key product for retirement savings.  The company’s managing director, Nkoregamba Mwebesa, announced a 0% return for the 2023 fiscal year due to a combination of factors. Mwebesa cites the Kenyan equities market’s underperformance in 2023 and rising yields on government bonds, leading to losses. … Continue reading Liberty Life Kenya Guaranteed Fund Stalls, Offers New 9% Rate