Abojani Investment

#EarningsSpotlight During Absa Bank Kenya FY2024 results briefing, the CEO Abdi Mohamed announced that the bank has revitalized its consumer banking strategy from being PRODUCT-led to CUSTOMER-SEGMENT-led

Sometimes, the biggest turning points in life aren’t planned. A career shift, a bold decision, or even a setback can open doors we never expected. But what makes a difference is how we handle these moments, how we recognize opportunity in uncertainty and move forward with purpose. On Wednesday, 26th March 2025, at 7 PM EAT, we’ll be hosting a webinar with Njeri Jomo, CEO of Jubilee Health Insurance, to explore the moments that shape growth and the lessons we can draw from different journeys. If you’ve ever wondered how to make the most of life’s pivots, this is a conversation you won’t want to miss. Zoom Joining Link: https://lnkd.in/dqkgwY_g Passcode: Wisdom2025 Jubilee Insurance

Homeownership is a major milestone for many, but financing it comes with a critical decision: should you pay in cash or take a mortgage?? Each option has its benefits, and the right choice depends on financial goals and market conditions. NCBA Group #NCBATwendeMbele

A bank will hesitate to give you a KSh 500K loan, but they’ll happily give a billionaire a KSh 500M loan. Why? Because the rich understand how to use debt differently. ? You borrow money for a car, a vacation, or personal expenses. That’s bad debt. ? They borrow money to buy businesses, properties, or investments that generate income. That’s good debt. Debt isn’t the problem. Using it wrong is. If you’re only using loans for consumption, you’re making others rich instead of yourself.

Absa Bank Kenya's performance in 2024 has boosted its return on equity to 24.5%, enabling capital distribution to shareholders. Shareholders on record as of 30th April 2025 will receive a final dividend of KES 1.55 per share, with disbursement expected around 22nd May 2025. #AbsaFY2024Results

Diversifying your portfolio across different asset classes protect your wealth and spread out the risk. The idea is to have a mix of investments that are not all affected by the same market forces. While diversification doesn’t guarantee that you won’t experience losses, it does help reduce risk and smooth out the inevitable ups and downs of the market. The more varied your investments, the better you’re protected from unexpected downturns. Start by understanding your risk tolerance and the types of investments that suit your long-term goals. The more strategically you spread your investments, the more likely you are to weather the storms and come out stronger. Wealth-building is a marathon, not a sprint.

People often think of financial risk as losing money in bad investments. But what’s even riskier is not investing at all. ?? Inflation is eroding your savings. Every year, your money buys less than it did before. ?? Opportunities slip away. Markets grow, assets appreciate, and wealth compounds—if you’re not participating, you’re falling behind. ?? Retirement awaits. The biggest regret people have in their 50s is not starting sooner or not investing at all. You don’t have to make risky moves. You just have to move. Start now, start small, but start.

Breaking free from the ‘Mom & Dad Bank’ Adulting hits differently when you realize you can’t keep running back to your parents/guardians for financial help. If you’re a working Gen Z, here’s how to start breaking free and becoming fully independent: ? Start tracking your money – If you don’t know where your money goes, you’ll always feel broke. A simple budget, like the 50/30/20 budgeting method, helps you see what’s draining your income. ? Take over one bill at a time – If your parents still cover some of your expenses (rent, Wi-Fi, or groceries), start by handling one and gradually take on more as your finances stabilize. ? Build an emergency fund – Life will throw surprises at you, and "Dad, I need money" won’t always be an option. Start saving at least three months’ worth of expenses to cushion yourself. ? Save – Start saving small amounts of money to invest or achieve your goals. The trips you plan, new fridge you want, concerts you want to attend, etc., should not be financed with debt. ? Stop upgrading too soon – Being freshly employed or getting another job with better pay doesn’t mean you should get a big TV, latest phone, a better apartment or lifestyle. Stabilize yourself first, upgrades will come later. ? Create an extra income stream – Having a salary is great, but multiple income sources will give you multiple safety nets. Look into freelancing, monetizing a skill, or investing. ? Learn to say ‘No’ – Social events, impulse spending, unnecessary subscriptions can wait if they don’t align with your financial goals. That being said, not everything needs to change immediately. If: you are still under your parents’ health insurance, they gave you a house, or they are supporting a business you run, it’s okay to hold onto that until you’re fully stable. If you manage yourself well, you are giving yourself a great head-start in life.

Not all unveilings happen behind curtains. Some happen in the sky. Some events make headlines. Others make history. Thursday night was both.? NCBA Insurance was officially unveiled. The transition from AIG wasn’t just about a name change. It was about setting new standards in insurance, and NCBA made sure it started with a bang. Literally! Just a name change? No. A new era in insurance? Absolutely. New name Same commitment NCBA Group #NCBAInsurance

5 NSE-listed banks have released their 2024 full-year financial results: ?KCB Bank Group Ksh 61.77Bn PAT Ksh 3.00 Total Dividend/Share ?Co-operative Bank of Kenya Ksh 25.46Bn PAT Ksh 1.50 Total Dividend/Share ?Absa Bank Kenya Ksh 20.88Bn PAT Ksh 1.75 Total Dividend/Share ?Standard Chartered Bank Kenya Ksh 20.06Bn PAT Ksh 45.00 Total Dividend/Share ?Stanbic Bank Kenya Ksh 13.72Bn PAT Ksh20.74 Total Dividend/Share