As part of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totalling €39 million (5 billion KES) to help the Kenyan bank further support job creating MSMEs. Proparco also granted a €550,000 technical assistance facility to […]
Data by the Ministry of Industrialisation shows the number of registered companies in Kenya stands at over 310,000 Out of the figure, only 65 are listed at the Nairobi Securities Exchange (NSE) Safaricom tops the list of the richest companies in Kenya followed closely the East African Breweries Ltd Data by the Ministry of Industrialisation […]
25 women were in 2019 ranked among over 125 billionaires in Kenya by the Knight Frank wealth report Whereas some of the top wealthy women succeeded through sheer hard work, others inherited multi-billion family businesses and expanded them Mama Ngina, the matriarch of the Kenyatta family, is ranked the wealthiest woman in Kenya There are […]
Kigali, 30 th August 2021: Equity Bank Rwanda Plc has announced the appointment of Col (Rtd). Eugene Haguma as the Non – Executive Chairman to its Board taking over from Mrs. Evelyn Rutagwenda. Mrs Rutagwenda retired through rotation having served on the board for nine years, four of which she served as Chairperson. She will […]
as led multi-national portfolios in different lines of business, particularly in financial services. Nairobi, 2 nd September 2021: Equity Group Holdings Plc has announced the appointment of Jonas Mushosho as a Non-Executive Director to its board following the retirement of Christopher Newson, Non- Executive Director in the Board. Jonas brings on board a wealth of […]
Equity Group’s Chief Executive Officer James Mwangi Equity Bank’s parent company, Equity Group Holdings Ltd (EGHL) has won an Sh800m tax dispute against Kenya Revenue Authority. KRA was demanding the money as capital gains tax from asset transfers by the lender in 2014. However, commercial Court judge John Mativo allowed Equity’s appeal after finding that […]
Business magnate Dr. James Mwangi, MD and CEO of Equity Group Holdings, and Arch Angel Esther Dyson, executive founder of Wellville, will keynote the 9 th Angel Fair Africa (AFA) on 25 th November 2021 in Port Louis, Mauritius. Chanzo Capital has partnered with the Africa India Entrepreneurship Forum (AIEF) and Future Female Invest to […]
Speaking during the launch of the platform in Dar es Salaam on Friday, Equity Bank Tanzania’s Managing Director, Robert Kiboti said it will give customers freedom to execute foreign currency in real-time and securely from the comfort of their offices or homes. Kiboti said the EazzyFX platform, which is managed by Equity Bank and powered […]
In Africa you can meet some of the richest and most successful CEOs. The names you will read below may be familiar. If not this is an opportunity to meet some of the most successful people in Africa. > Aliko Dangote : He is the founder of Dangote Group, born in Kano, Nigeria. He serves […]
Besides earning millions in salaries, the top executives are usually allowed to buy shares in the companies they run In return, they enjoy dividends paid annually based on the company’s performance Some of the top-notch executives controlling stakes are Equity’s James Mwangi, Britam’s Benson Wairegi, Co-op Bank’s Gideon Muriuki and James Mworia (Centum) Kenyan chief […]
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