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 »Police storm Equity Bank after attempted robbery
Soroti, Uganda | THE INDEPENDENT | Police have arrested a security guard attached to SGA Security after they stormed Equity Bank Soroti Branch this morning after a reported attempted robbery last night. Police spokesman Fred Enanga confirmed the incident, saying that an attempt was made to rob Equity Bank in Soroti City and a …
Read More »Equity Bank, Mwirians join hands to restore forest cover on Mwiri Hill with 43,000 indigenous trees
Jinja, Uganda | THE INDEPENDENT | Equity Bank in partnership with the Kenya High Commission and Million Trees International has embarked on a tree-planting campaign that will see over 43,000 indigenous trees planted on the slopes of Busoga College Mwiri hill, including 10 acres of orchard. The project is supported …
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 Uganda investigates multi-billion shillings suspected fraud
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has launched investigations into cases of fraud surrounding their Stock Loan and Agent Float financing that happened recently. The Stock Loan product is a credit facility meant to support entrepreneurs, small and medium-sized enterprises (SMEs), and large businesses across various sectors with …
Read More »‘Abakyala ku Ntiiko’ as Equity Bank celebrates women
Kampala, Uganda | THE INDEPENDENT | Equity Bank is set to celebrate Women’s Month with a series of special events aimed at empowering and enabling women in small-scale businesses to achieve their full potential. In line with the International Women’s Day theme of ‘invest in women; Accelerate progress,’ Equity Bank …
Read More »Equity Group ED Mary Wangari tips professionals on work-life balance
Kampala, Uganda | THE INDEPENDENT | While launching her book titled ‘The Village Girl: My Dream, Life and Legacy’ – at the Kampala Serena Hotel Thursday evening, Mary Wangari Wamae – the Group Executive Director of Kenya’s Equity Group – encouraged professionals to maintain a healthy work-life balance. The book …
Read More »Luwero officials admit irregularities in school loan acquisition
Wobulenzi , Uganda | THE INDEPENDENT | Wobulenzi Public Primary School in Luweero district is at risk of sale because of failure to service a loan that was marred by irregularities, the LC V chairperson, Erastus Kibirango has revealed. Two weeks ago, Equity Bank announced the takeover of the public primary school over …
Read More »Third edition of Equity NARO Open attracts 100 golfers
Wakiso, Uganda | THE INDEPENDENT | A huge field of amateur and professional golfers are expected for the third edition of the Equity NARO Open due November 3-4 at the MaryLouise Simkins Memorial Golf Club, in Wakiso District. “We are expecting close to 100 golfers from various clubs in the …
Read More »M-Kopa raises record Ksh35bn in debt and equity
Kampala, Uganda | THE INDEPENDENT |Solar and asset financing firm M-Kopa has secured Kshs35 billion ($255 million) financing in new debt and equity from Standard Bank and Japanese-based trading house Sumitomo Corporation among others for expansion in sub-Saharan Africa. M-Kopa said the capital injection includes Kshs7.5 billion ($55 million) in …
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