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Enwealth Conversations – 7th Edition

The Saving Culture & Investing Dynamics Among Kenyans

17th June, 2022  | 7:00 am – 11:00 am

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Enwealth Conversations Profile

 

Enwealth organizes quarterly social security research based educational/informative events with the goal of utilizing existing resources and strategic partnerships to provide authentic research findings in the retirement benefits industry and contributing towards in policy formulation. The Enwealth Conversations is held in partnership with Strathmore Institute of Mathematical Sciences and the Institute of Human Resource Management as a forum for disseminating quarterly social security research findings to a relevant audience.

During this 7th edition, we shall unveil research findings on The saving Culture & Investing Dynamics among Kenyans.

According to the World Bank Report, the savings culture in Africa as a percentage of the national income is 17 percent. Kenya’s saving culture as a percentage of the national income stands at 12 per cent, this is half of the average for low-income countries (26 per cent of GDP).

The findings of the research are expected to enable us understand the factors that influence the saving or the not saving culture among individuals including age, marital status, education level, source of income, number of dependants, sector they work in, their financial literacy among other factors. The research will be impactful in encouraging the saving culture as we commit to equipping individuals and institutions for “A lifetime of Financial well-being and dignity.”

Follw the link below to view previous Enwealth Conversations Reports

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