Themed ‘Unpacking Financial Well-being’, it aims to foster financial literacy, provide insights into investment opportunities, and bring together key players in the financial sector to empower individuals toward financial security.
The investment expo, which is set to take place on August 26, 2023, at the Enwealth Business Center off Ngong Road in Nairobi, is a platform where participants will explore various saving and investment avenues such as pension plans, money market instruments, government securities, stocks, and other significant facets of financial planning.
The exhibition comes at a time when Kenyans are struggling with diminishing disposable income amid rising inflation and higher deductions from their pay slips.
The function will provide them opportunities to gain insights from experts and access valuable resources to make informed financial decisions.
A study carried out by Enwealth Financial Services and Strathmore University last year found 82 percent of Kenyans have always tried to save, yet only 12 percent of the respondents have established a savings culture, pointing to poor financial health due to low financial literacy levels.
The survey also investigated the avenues Kenyans use for saving and investment, where the most popular emerged to be Saccos at 24 percent, employer pension schemes at 20 percent, chamas, and table banking at 15 percent.
