Nairobi, Kenya | THE INDEPENDENT | Figures released at the Half year 2025 Investor briefing in Nairobi show Equity Group has posted the strongest quarterly performance in profit before tax of Kshs.22.9 billion in history of the organization, exceeding the quarterly average for the last four years of Kshs.14.8 billion. Also …
Read More »Equity Group hits Kshs 15.4 billion profit, reaffirms position as cross-border financial powerhouse
Equity Group reports Kshs 15.4 billion profits after tax on prudent cost management and resumption of growth Nairobi, Kenya | THE INDEPENDENT | Demonstrating strategic agility and resilience in a dynamic global economic landscape, Equity Group has achieved strong results and growth of its diversified business across the region, becoming …
Read More »Activists call out Tanzania over inhumane treatment of rights activists
Nairobi, Kenya | THE INDEPENDENT | The East African Civil Society Organisations’ Forum (EACSOF) has castigated the government of Tanzania over its treatment of human rights activists from the East African Community (EAC). The group voiced its “deepest concern regarding the detention, denial of entry, and deportation” of citizens of …
Read More »🟥TANZANIA: Whereabouts of Ugandan lawyer and activist Atuhaire unknown
Nairobi, Kenya | THE INDEPENDENT | Kenyan human rights activist Boniface Mwangi has revealed that Agather Atuhaire, a Ugandan lawyer, journalist, and social justice activist whose whereabouts are unknown, was tortured by Tanzanian security. “The last time I was in the same space with @AAgather was Tuesday morning. We had been …
Read More »Battery storage is booming in Africa
As Africa shifts towards renewable energy, homes, businesses, and institutions are increasingly adopting battery storage systems to reduce reliance on the national grid. SPECIAL REPORT | BIRD AGENCY | Africa is experiencing a major boom in battery storage, as residential homes, businesses and institutions like hospitals and schools cut down …
Read More »Equity Group holdings Plc reports 3rd quarter 2024 profit after tax of Kshs 40.9 billion
Earnings per share grew by 13% to Kshs. 10.4 Quarter three profit after tax up by 13% to Kshs.40.9 billion Deposits grew by 9% to Kshs.1.3 trillion Regional businesses contributed 48% of total assets and 51% of profit before tax for the period Total Assets grew to reach Kshs.1.7 trillion …
Read More »Equity Bank flags off 113 EPL scholars to top world universities
Nairobi, Kenya | THE INDEPENDENT | Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi has flagged off 113 Equity Leadership Program ELP scholars who have secured admission and scholarships to join 71 global universities. The scholars, eight of them Ugandans and some of them refugees, have secured scholarships valued at $21,497,646 …
Read More »Equity Group hits Kshs 43.7 billion profit after tax, proposes another record dividend payout
Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings has proposed a record dividend of Kshs.15.1 billion for a second year running. While releasing the 2023 full year financial results Dr. James Mwangi, Group Managing Director and CEO said. “The Kshs. 4 per share dividend amounts to a 36% payout of …
Read More »Equity Leaders Program sees 98 scholars join top global universities
Nairobi, Kenya | THE INDEPENDENT | Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi has commissioned the airlift of 98 scholars who have secured admission and scholarships to join 52 global universities located in 18 countries. The scholars are drawn from the Equity Leaders Programs in four countries – Kenya …
Read More »African lobbies launch campaign to track expenditure of climate finance
Nairobi, Kenya | Xinhua | African campaigners on Friday launched an initiative to track the expenditure of climate finance in the continent. Charles Mwangi, head of programs and research at the Pan African Climate Justice Alliance (PACJA) told journalists in Nairobi, Kenya’s capital, that the ‘Follow the Money’ campaign will …
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