Safaricom #ticker:SCOM took the top spot of the best 25 companies to work for in Kenya in the just-released LinkedIn 2022 Top Companies Ranking. Linkedin unveiled its 2022 top companies list that ranks the 25 best workplaces for professionals to grow their careers. The 25 companies were ranked using Linkedin company data and ratings based […]
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Equity to inject Sh11bn capital into DRC unit
Equity Bank CEO James Mwangi. PHOTO | CYRIL NDEGEYA | NMG Equity Group is set to inject additional capital of $100 million (Sh11.5 billion) into its new subsidiary Equity Banque Commerciale du Congo (Equity BCDC). The funds will strengthen the subsidiary’s capital base as it seeks to scale up its lending and other banking operations […]
Banks loan rate jumps to two-year high on demand
Kenya Bankers Association (KBA) CEO Habil Olaka speaks at a past event. PHOTO | SALATON NJAU | NMG The average interest charged on loans by Kenya’s commercial banks has risen to its highest level in two years amid increased demand for credit as the economy recovers from Covid-19 disruptions. The latest data by the Central […]
Top 25 companies to work for in Kenya: report
A ranking of the top 25 companies in which employees can best grow their careers in Kenya, released by LinkedIn, shows that banks offer the best avenues for career development. More than 10 of the institutions in the list are either banks or institutions closely affiliated to banking and insurance with Equity Bank, second in […]
Safaricom, Equity, KQ top LinkedIn list of Leading Companies in Kenya
The leading telecommunications company, Safaricom , has been ranked top in the 2022 List of Top Companies in Kenya. Equity Bank and Kenya Airways come in second and third, with KCB Group coming in fourth. This is the first of what’s expected to be an annual ranking, and will be running alongside similar lists of […]
Top 25 companies to work for in Kenya: report
A ranking of the top 25 companies in which employees can best grow their careers in Kenya, released by LinkedIn, shows that banks offer the best avenues for career development. More than 10 of the institutions in the list are either banks or institutions closely affiliated to banking and insurance with Equity Bank, second in […]
Mobile Money Merchant Payment Interoperability Snubs Paybill for Till
Lipa Na MPESA On Tuesday, the CBK, among other stakeholders announced that merchant interoperability for mobile money services would go live today. The announcement, which had been preceded by talks that the whole development was being considered, revealed that Lipa na M-PESA services, which are owned by Safaricom, would other players, namely Lipa na Airtel […]
Equity Group Kenya: Dividend Payment Date 2022
Equity Group shareholders on the Company’s Register of Members on 20th May 2022 to receive a Final Dividend Payment of KES 3.0per share on 30th June 2022. For the latest key economic events use our free ECONOMIC CALENDAR
Equity Group Kenya: Dividend Book Closure 2022
Equity Group shareholders registered on the books of the Company at close of business on 2oth May 2022 will receive the 2021 dividend of KES 3.0 per share.
Kenyan banks make losses in South Sudan and why they stay on
Customers in a KCB banking hall in South Sudan capital, Juba. The lender cut its presence in the war-torn State. FILE PHOTO | NMG KCB started operations in the country in 2006, Equity in 2009 and Co-operative Bank was the latest entrant in 2013. In 2014, KCB shut three branches in South Sudan after the […]