FINANCIAL

BUSINESS INSIGHT: Rights issue as a means of raising additional capital for listed companies

By Chris Maranga Companies often find themselves in need of additional capital to fund expansion into new markets, adoption of new technologies, investment in research, debt repayment, fund working capital,…

 
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Equity Bank CEO Named Among 50 Top Bankers In Africa

Reputation Poll International, a leading global reputation-management firm, has listed Equity Group Managing Director and CEO, Dr. James Mwangi among the 50 Most Reputable Bank CEOs in Africa 2021. Dr….

 
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Equity supports agribusiness with provision of tailor-made financing for small-scale farmers

Many Kenyan households in rural parts of the country still rely on farming as a source of livelihood; most of this is subsistence. The high cost of farm inputs has…

 
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KCB Group PLC Completes Acquisition of Banque Populaire du Rwanda Plc (BPR)

KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V. This follows the securing of the requisite regulatory…

 
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Equity Increases Focus on Digital Channels as Customers Transact More on Mobile and Agency Platforms

The uptake of digital banking services by customers is moving Equity Group Holdings Plc away from the brick and mortar fixed-cost business model to a variable-cost third party based infrastructure…

 
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Equity Records Double Growth in Half Year Profits

Equity Group Holdings Plc has announced a 98% growth in half-year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year.  Speaking while releasing the results, Equity Group Managing…

 
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National Bank wins three global awards from International Business Magazine

The National Bank of Kenya (NBK) has won three major global awards for Best Bank in Customer Service Kenya, Best Islamic Window Kenya and Best SME Bank in Kenya. The…

 
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Equity Named the Best Regional Bank in East Africa by the 2021 African Banker Awards

Equity has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards. The award was conferred to the Bank for its strong and consistent financial…

 
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Shareholders give Safaricom nod to start Ethiopia operation in 2022

Safaricom (NSE: SCOM) shareholders today gave their nod for the setting up and incorporation of the Safaricom Telecommunications Ethiopia PLC, the company that will begin operation in Ethiopia by next…

 
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Here is why your phone and internet costs might go up from July

Telephone calls, SMS and internet services could cost more from tomorrow if the president goes ahead to sign the Finance-Bill. In an amendment to the bill, parliament had introduced new…

 
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