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 […]
Dr. Patricia Murugami Kampala, Uganda | THE INDEPENDENT | The 12th edition of the CEO Summit will be held virtually on September 17th, 2021. The CEO Summit, the largest gathering of Uganda’s leaders and private sector decision-makers, will bring together 200 corporate sector leaders from the private sector, the civil society, and the public sector. […]
BizTalk with Bill Roy · Biztalk – With – Bill – Roy – Podcast – 224 We have all watched the numbers rise over the past few months. More travelers are ready to shake off the pandemic and take to the skies. Passenger counts have been climbing and so has airline revenue. Healthier airlines order […]
Close to 1.7 million Kenyans were rendered jobless between April and July. The onset of the Covid-19 pandemic violently shook businesses the way a powerful storm buffets ships in the high seas. Many of them – particularly small and medium-sized enterprises (SMEs) with very little working capital as well as big establishments in hospitality, aviation, […]
Tanzanian banks continued to grapple with escalating non-performing loans (NPLs) portfolios in the second quarter of 2021 despite central bank warning to rein in the ratios to within accepted levels. Published Q2 2021 financial statements by commercial banks placed them on the wrong end of the spectrum, with TIB Development Bank and International Commercial Bank, […]
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 […]
Britam officials at the company’s 24th Annual General Meeting, held virtually on June 29, 2020 at Britam Tower in Nairobi. PHOTO | FILE Kenya’s Capital Markets Authority (CMA) has summoned directors of Britam Holdings Ltd to establish their role in the alleged irregular sale of 452.5 million shares (23.34 percent stake). The deal which was […]
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 […]
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. Rutagwenda retired through rotation having served on the board for nine years, four of which she served as Chairperson. Rutagwenda will continue to serve in the Equity […]
Close to 1.7 million Kenyans were rendered jobless between April and July. The onset of the Covid-19 pandemic violently shook businesses the way a powerful storm buffets ships in the high seas. Many of them – particularly small and medium-sized enterprises (SMEs) with very little working capital as well as big establishments in hospitality, aviation, […]
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