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 […]
KCB Group has announced that it has acquired Rwandan bank, Banque Populaire du Rwanda Plc (BPR), from Atlas Mara Mauritius Limited and Arise B.V. The acquisition was completed by the Kenyan banking group after receiving regulatory approvals in Kenya and Rwanda. This makes KCB Group the majority shareholder in BPR, Rwanda’s second biggest bank, with […]
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 only 12 firms out of the 66 listed operate the department. These are Equity Bank, Stanbic Bank, Co-operative Bank, Safaricom, Centum, KCB, Kenya Airways, Kenya Electricity Generating Company (Kengen), Britam Holdings […]
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 […]
Left to right: Equity Bank CEO James Mwangi, Jennifer Riria from Kenya Women Microfinance Bank and KCB CEO Joshua Oigara. Five Kenyan banking Chief Executive Officers have emerged among the best leaders in the sector across Africa after successfully guiding their establishments through the murky world of Covid-19 pandemic. Reputation Poll International LLC, on Saturday, […]
Nigeria financial gurus, Ifie Sekibo and Yemisi Edun, have joined others to be named the most reputable bank CEOs in Africa. The duo were recognised by Reputation Poll International, a leading global reputation management firm specialised in corporate reputation management, as part of its annual ranking — the Executive Appraisal of Reputable individuals from all […]
Speaking in Dar es Salaam this week during a memorandum of understanding with PASS Trust to provide financing to agribusiness enterprises, Equity Bank Tanzania’s Managing Director, Robert Kiboti said Agriculture being the backbone of the country’s economy has a lot of potential to unleash. “At Equity Bank, agriculture is our priority area, and we are […]
Speaking in Dar es Salaam during a memorandum of understanding with PASS Trust to provide financing to agribusiness enterprises, Equity Bank Tanzania’s Managing Director, Robert Kiboti said Agriculture being the backbone of the country’s economy has a lot of potential to unleash. “At Equity Bank, agriculture is our priority area, and we are targeting agriculture […]
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 […]
Foreign investors in August turned net buyers for the first time since January at the Nairobi Securities Exchange (NSE), indicating increased confidence in blue chips such as Safaricom and selected tier one banking stocks that have reported higher profits. NSE data shows that net foreign inflows stood at Sh1.72 billion in the month, the first […]
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