•The value of shares bought by foreign investor settled at Sh 3.4 billion, a 572 per cent increase from the value traded on Wednesday. •Safaricom was the day’s main feature with 115 million shares valued at Sh3.4 billion, changing hands at between Sh29.50 and Sh30.15 NSE chief executive Geoffrey Odundo monitors the daily trading at […]
Equity Group Holdings Plc The Board of Directors of Equity Group Holdings Plc is pleased to announce the unaudited results of the Group for the six months period ended 30 June 2020 Condensed directors’ remuneration report For the 6 months ended 6 months ended Year ended 30.06.2020 30.06.2019 31.12.2019 Unaudited Unaudited Audited Shs’ 000 Shs’ […]
Equity Group Managing Director and CEO Dr James Mwangi has got another international award Nairobi, Kenya | THE INDEPENDENT | Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was on September 9 honored with the prestigious 2020 Oslo Business for Peace Award. “Dr. James […]
James Mwangi, managing director and CEO, Equity Group Holdings. Photo: McKinsey Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings and Executive Chairman Equity Group Foundation was today honored with the prestigious 2020 Oslo Business for Peace Award which is also described as the “Nobel Prize for Business.” The Oslo Business for […]
The International Chamber of Commerce (ICC) and the Business for Peace Foundation are pleased to announce today the three winners of the 2020 Oslo Business for Peace Award. The International Chamber of Commerce (ICC) and the Business for Peace Foundation are pleased to announce today the three winners of the 2020 Oslo Business for Peace […]
Nakuru Governor Lee Kinyanjui during the World Habitat Day celebration at the Nawascoal briquettes plant at Kaloleni in Nakuru County on October 7, 2019 Last week, Nakuru Governor Lee Kinyanjui was among three Kenyans who won prestigious African Magazine Leadership Awards 2020. The editorial board of the Africa Leadership magazine also picked KenGen CEO Rebecca […]
Equity Bank Group MD Dr. James Mwangi during distribution of PPEs to the Mathari National Teaching & Referral Hospital on August 14, 2020. PHOTO | COURTESY Equity Group Holdings PLC (EGH) has announced its half year results for the period ended June 30, 2020 reflecting a 24% decline in profitability. Profit declined from Ksh.12.0 billion […]
(Bloomberg) — The Central Bank of Kenya is moving to ensure lenders in the East African nation preserve capital they’ll need to help the economy recover from the coronavirus pandemic. The institution wants lenders to discuss their capital adequacy with it before making decisions on dividend payments for this year. The directive is in a […]
Equity Bank Kenya has announced that it has set up a universal number that its employees will use to contact its customers and other stakeholders. The universal number that Equity Bank will now use for all outbound communication is 0763 000 000 under Equitel’s main prefix 0763. This measure is aimed at promoting safety measures […]
Kenya’s banks are well capitalised and have good liquidity, but if they do not overcome their aversion to risk businesses will be starved of the credit they need to recover from Covid-19. Tom Collins reports Business owners looking for a bank loan in Kenya during the Covid-19 pandemic may struggle to access credit as more […]
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