FINANCIAL

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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Equity-Board

Equity shareholders resolve to diversify board and guarantee dividend payouts

Equity Group Holdings Plc shareholders have passed resolutions that will see the group diversify the composition of its board and strengthen governance structure. At the seventeenth AGM held today, the…

 
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UN Kenya and Equity Partner for Acceleration and Attainment of the SDGs

Equity Group and Equity Group Foundation together with the United Nations system in Kenya, and its SDG Partnership Platform have signed a strategic partnership to accelerate the achievement of the…

 
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Equity-AfDB Loan

Kenyan banks hoping to reap big with regional expansion

Two of Kenya’s largest lenders are increasingly looking at opportunities across the borders to expand their balance sheets and increase their regional relevance. Coming hot on the heels of its…

 
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DJ CK

Tribute: Chris Kirubi, ‘the man the myth the legend’

This afternoon the country and indeed the entire East Africa region is in shock following the death of Dr. Chris Kirubi, 90; billionaire entrepreneur and media owner. His passing was…

 
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NBK Posts 19% Growth in Q1 2021 Net Profit

National Bank of Kenya (NBK) has posted KES 184million in profit after tax for the first quarter of the year ending March 31 2021. This represents a 19% growth compared…

 
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KCB Posts KES 6.4B in Q1 2021 Net Earnings

KCB Group shook off the effects of the ongoing COVID-19 pandemic to post a net profit of KES 6.4 billion in the first quarter of 2021 ending March. The two…

 
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Equity Defies Pandemic Shocks to Post a 64% Jump in Q1 Profits

Equity Group has posted a net profit of KES 8.7 billion for the first three months of 2021. This represents a 64% jump from KES 5.3 billion posted in a…

 
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Equity Begins Selections for Wings to Fly and Elimu Scholarship Programs

Equity Group Foundation (EGF) has commenced the selection process for the 2021 Wings to Fly scholarship program in partnership with the Mastercard Foundation and the German government through KfW. A…

 
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Transcentury Plc Reports 34% Revenue Growth Driven by Subsidiary Performance and Rights Issue

TransCentury PLC (TC) has reported a 34% revenue growth for the year ended December 31st, 2019 driven by impressive performance especially in two of its subsidiaries. The two subsidiary businesses…

 
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