×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App
×
The Standard Group PLC The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

Sanlam sinks into Sh78 million after-tax loss

Sanlam Kenya CEO Dr. Patrick Tumbo (PHOTO: Courtesy)

NAIROBI, KENYA: Nairobi Securities Exchange (NSE) listed firm, Sanlam Kenya PLC has reported an after-tax loss of Sh78 million in 2020 financial results representing a decline from the prior-year after-tax profit of Sh114million.

The company saw an increase in claims and lower investment returns during the period impacting negatively on its books.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902