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Gen Z's Dating Drought: 50% Spend Nothing Amid Financial Focus

8/23/2025

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Summary

Story summary

A Bank of America survey indicates that 50% of U.S. Gen Z adults spend nothing on dating, contributing to a "romantic recession."
72% of Gen Z are actively improving their financial health by reducing expenses and seeking family support.
Sanlam Kenya Plc reported a net profit of Sh30.9 million, with insurance revenues increasing to Sh3.73 billion.
The company highlights strong solvency rates and a solid balance sheet, aiming for growth in 2025.

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Story summary

A Bank of America survey indicates that 50% of U.S. Gen Z adults spend nothing on dating, contributing to a "romantic recession."
72% of Gen Z are actively improving their financial health by reducing expenses and seeking family support.
Sanlam Kenya Plc reported a net profit of Sh30.9 million, with insurance revenues increasing to Sh3.73 billion.
The company highlights strong solvency rates and a solid balance sheet, aiming for growth in 2025.