CEO & Managing Director, George Frazis Bank of Queensland (BOQ) has completed its retail entitlement offer and raised $682 million This forms the final stage of BOQ’s $1.35 billion capital raising, which consisted of a placement and institutional and retail entitlement offers Participants received one new share for every 3.34 held as of February 24, […]
Equity Group has signed a Ksh. 11 billion ($100 million) loan facility with Germany’s DEG, the Netherlands FMO and the UK’s CDC Group. The signing comes in the wake of Equity’s commitment to support MSMEs to cope with COVID-19 containments measures. In response to the COVID-19 crisis, Equity launched an approach to support customers leveraging […]
On an October Monday morning four years ago, Richard Boro Ndungu, a partner at audit firm KPMG Kenya, was informed by the chief executive that an investigation was being launched over his conduct. The CEO, Josephat Mwaura, asked him to hand over his mobile phones and laptop so they could be forensically imaged to determine […]
The Nairobi Securities Exchange (NSE) is outperforming peer bourses in Africa this year, boosted by higher share prices among selected blue chip firms. The NSE All Share Index has a year-to-date gain of 6.6 per cent, putting it ahead of fellow exchanges in Egypt, Nigeria, Morocco, Tunisia, which together with the NSE are considered to […]
Equity Group MD and CEO Dr. James Mwangi Equity Group Holdings has signed a Sh11 billion loan facility to support micro small and medium enterprises (MSMEs) during the coronavirus pandemic. The deal was signed with Team Europe, Germany’s DEG, the Netherlands FMO and the UK’s CDC Group in Nairobi yesterday. The lender has committed to […]
DEG, FMO, CDC Group and Team Europe have signed a $100m (Kshs 11bn) loan facility with Equity Group Holdings in its continued commitment to strategically walk with MSMEs during the COVID-19 pandemic. This is the fourth tranche for Equity Group after having signed a $50m (Kshs 5.5bn) loan facility with IFC in September; a $100m […]
Equity Group MD and CEO Dr. James Mwangi Equity Group Holdings has signed a Sh11 billion loan facility to support micro small and medium enterprises (MSMEs) during the coronavirus pandemic. The deal was signed with Team Europe, Germany’s DEG, the Netherlands FMO and the UK’s CDC Group in Nairobi yesterday. The lender has committed to […]
Equity Group Holdings Plc. has today signed a $100 million USD loan facility with Germany’s DEG, the UK’s CDC Group, and the Netherlands FMO in its continued commitment to walk with MSMEs to survive the pandemic, recover, repurpose and thrive during and after the COVID-19 crisis. In response to the COVID-19 crisis, Equity launched an […]
NAIROBI, Kenya, Feb 16 -Equity Group Holdings has announced the appointment of Yves Cuypers as the first Equity Group Holdings Plc., Regional Director in charge of the Central and Southern Africa Region. Yves is the immediate former Managing Director of Banque Commerciale du Congo (BCDC) which has since merged with Equity Bank Congo (EBC) to […]
On an October Monday morning four years ago, Richard Boro Ndungu, a partner at audit firm KPMG Kenya, was informed by the chief executive that an investigation was being launched over his conduct. The CEO, Josephat Mwaura, asked him to hand over his mobile phones and laptop so they could be forensically imaged to determine […]
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