Investors on the Nairobi Securities Exchange (NSE) Wednesday lost about Sh54 billion in paper wealth, the biggest single-day decline in four months, hit by a slump in the share price of market driver Safaricom . Data showed that the NSE’s market capitalisation fell by Sh53.8 billion to stand at Sh2.776 trillion Wednesday the largest margin […]
A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG Foreign investors at the Nairobi Securities Exchange (NSE) recorded net inflows of Sh242.3 million last week, reversing the previous week’s net outflows of Sh208.5 million as they bulked up on Safaricom and large banks’ shares. Their buying activity, combined with higher participation […]
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 […]
Equity Group Director Treasury & Trade Finance, James Mutuku (2nd L) & Equity Bank Uganda MD, Samuel Kirubi (2nd R) go through the EazzyFx platform during the launch event. Looking on is Equity Uganda Head of Treasury, Simon Muyobo (L) & Equity Uganda Executive Director Commercial, Micheal Seguya (R). #ForexMadeEasy Kampala, Uganda | THE INDEPENDENT […]
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 […]
WICHITA, Kan., Sept. 20, 2021 (GLOBE NEWSWIRE) — The Equity Bancshares, Inc. (NASDAQ: EQBK) Board of Directors (“Board”) announced it has initiated a quarterly cash dividend to its stockholders. The quarterly dividend of $0.08 per common share of Equity Bancshares, Inc. (“Equity” or “Company”) Class A stock is payable on October 14, 2021 to stockholders […]
EQUITY Bank has launched EazzyFX, an electronic channel for settling forex transactions to enable customers to execute transaction requirements in real-time in a safe, convenient and secure manner. The platform, EazzyFX, is the first of its kind in the country’s financial sector. The new platform will give customers the freedom to execute forex requirements in […]
An electronic board displaying market data. The investor relations department’s role revolves around how a company communicates with investors, shareholders, government authorities, and the financial community. PHOTO | FILE | NMG Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that […]
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 […]
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 […]
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