Times Tower Building in Nairobi which hosts Kenya Revenue Offices. [File, Standard] Equity Bank’s parent company, Equity Group Holdings Ltd (EGHL), is embroiled in a Sh800 million tax dispute with the taxman. The Kenya Revenue Authority (KRA) is demanding the money as capital gains tax from asset transfers by the lender in 2014. Read More […]
Richard Ngatia and Polycarp Igathe Kenya National Chamber of Commerce and Industry (KNCCI) Chamber President Richard Ngatia (left) and Equity Group Chief Commercial Officer, Polycarp Igathe (right) display the signed MOU documents at KNCCI offices in Heritan House. Equity and KNCCI have entered into a partnership that will see a potential 3 million enterprises benefit […]
Equity Bank (Kenya) Limited (EBKL) has appointed Prof. Timothy Waema as Non-Executive Director. Prof. Waema brings on board his extensive ICT experience that spans over 30 years in both private and public sector organizations in Kenya and the African region. He is a Professor of Information Systems in the School of Computing and Informatics in […]
Times Tower Building in Nairobi which hosts Kenya Revenue Offices. [File, Standard] Equity Bank’s parent company, Equity Group Holdings Ltd (EGHL), is embroiled in a Sh800 million tax dispute with the taxman. The Kenya Revenue Authority (KRA) is demanding the money as capital gains tax from asset transfers by the lender in 2014. Read More […]
Bidco Africa Chairman Vimal Shah and Tusker Mattresses Group CEO Dan Githua at Tuskys T-Mall The majority of the outstanding debt, Ksh.2.5 billion is owned to DTB and relates to numerous facilities including a term loan, overdraft facility, letters of credit & guarantee, higher purchase facilities and insurance premium facilities (IPF). According to the projected […]
Richard Ngatia and Polycarp Igathe Kenya National Chamber of Commerce and Industry (KNCCI) Chamber President Richard Ngatia (left) and Equity Group Chief Commercial Officer, Polycarp Igathe (right) display the signed MOU documents at KNCCI offices in Heritan House. Equity and KNCCI have entered into a partnership that will see a potential 3 million enterprises benefit […]
Stack of 100 dollar bills with illustrative coronavirus stimulus payment check to show the virus stimulus payment to Americans ALMENA, Kan. (KSNW) – The FDIC said Almena State Bank was closed Friday by the Kansas Office of the State Bank Commissioner. The failed bank experienced longstanding capital loss, losing $70 million in total assets and […]
ReportsnReports added Latest Kenya Payments Landscape Market research report estimates the market size by the end of year at a CAGR, by deep-dive analysis of the historical data for the years. The main objective of this report is to determine Kenya Payments Landscape Market status, forecast, growth opportunity, market size by analyzing segments such as […]
Kenya’s Senator Lager has emerged as the fastest-growing brand in Africa. The beer brand from East African Breweries Ltd has grown by an impressive 88 per cent over the last year, according to a new ranking by an independent consultancy, Brand Finance. The survey of 150 strongest and most valuable firms in the continent sought […]
One of Equity Bank branches in Zanzibar located at Mlandege Street Nairobi, Kenya. E quity Bank, with a balance sheet size worth Tsh 14.3 trillion at the end of 2019, has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of […]
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