Centum Real Estate to issue Ksh.4B project bond for housing projects

By Citizen Reporter,

Centum Real Estate Limited, a subsidiary of the NSE-listed Centum Investment Company Plc, is looking to float a Ksh.4billion project bond to finance i...

Centum Real Estate Limited

Toyota bets on start-up Tugende’s small loans to boost Africa business

By Reuters,

The trading arm of the Toyota Group has invested $4 million in Ugandan start-up Tugende, saying it hopes the firm’s loans to small, independent busi...

Toyota , tugende

Equity ranks position 7 in the list of top 10 banks in Africa

By Benjamin Muriuki,

Equity Bank has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of the best performing b...

equity bank

Equity, KNCCI roll out Ksh.200 billion loan facility to support small businesses

By Kepha Muiruri,

Equity Group alongside the Kenya National Chamber of Commerce and Industry (KNCCI) have announced the creation of a Ksh.200 billion credit facility fo...

Equity Group , KNCCI , SME lending

COVID-19 fund raises Ksh.3.5 billion in donations

By Kepha Muiruri,

The management of the COVID-19 emergency response fund has confirmed the receipt of Ksh.3.5 billion in donations from members of public and companies ...

coronavirus , Covid-19 emergency fund

The NSE sees its best day of trading in 2020

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) marked its best day of trading in 2020 on Thursday as turnover hit a record Ksh.3.76 billion. The daily turno...

COVID-19 , Nairobi Securities Exchange (NSE)

Equity Group CEO James Mwangi wins global business for peace award

By Kepha Muiruri,

Equity Group Chief Executive Officer and Managing Director James Mwangi has won the 2020 Oslo Business for Peace Award. The award recognizes outsta...

Equity Group , James Mwangi

Foreign investors end a 7 month sell-off run at the NSE

By Kepha Muiruri,

Foreign investors ended the month of August with a Ksh.195 million net buying position of stocks at the Nairobi Securities Exchange (NSE) ending a sev...

COVID-19 , Foreign Investors , Nairobi Securities Exchange (NSE)

Kenyan insurers’ performance bitten by familiar bug

By Kepha Muiruri,

Top insurance firms have marked significant profit declines with some posting losses as their performance tumbles under the weight of declining return...

COVID-19 , Insurance in Kenya , Real Estate

e-conference for leading women in banking, finance to promote gender diversity in leadership

By Rachel Ombaka,

The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15-16, October, 2...

andia chakava , Graca Machel Trust , Kenya Bankers Association , New Faces New Voices

UAP Holdings posts Ksh.305M half-year loss

By Citizen Reporter,

UAP Holdings (UAPH) Plc reported first half earnings that have seen growth in top-line while maintaining the focus on profitable growth, coupled with ...

Equity boosts customer security with universal contact

By Kepha Muiruri,

Equity Group has established a universal contact for all external communication as it seeks to enhance customer security and service. The lender wh...

Equity Group , James Mwangi

Raychelle Omamo, Sylvia Mulinge among 100 most influential African women

By Citizen Reporter,

Raychelle Omamo and Sylvia Mulinge are among 100 most influential women in Africa in 2020. Omamo is Kenya's Foreign Affairs Cabinet Secretary and M...

graca machel , Raychelle Omamo , Sylvia Mulinge

Equity Group half-year profit falls by 24pc from higher costs to cover loan defaults

By Citizen Reporter,

Equity Group Holdings PLC (EGH) has announced its half year results for the period ended June 30, 2020 reflecting a 24% decline in profitability. P...

Equity , half year profit , James Mwangi

COVID-19: Banks expected to further slash shareholder pay

By Kepha Muiruri,

Commercial banks are expected to slash their payment to shareholders further as earnings take a hit from the COVID-19 pandemic. Registering negativ...

coronavirus , COVID-19 , KBA , loans

Equity completes purchase of stake in Congolese bank for Ksh.10.3 billion

By Kepha Muiruri,

Equity Group has completed the acquisition of a 66.53 per cent bank in the Commercial Bank of Congo (Banque Commerciale du Congo). The deal which d...

Equity Group , mergers and acquisitions

CBK green lights Jamii Bora buyout by Co-op Bank

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has given the nod for the acquisition of Jamii Bora Bank (JBB) by the Cooperative Bank of Kenya. The acquisition is...

CBK , Cooperative Bank of Kenya , Jamii Bora Bank

Uncertainly holding back plans of basketball coaches ahead of new season

By Dennis Kamariki,

The uncertainty and lack of a clear time frame for the resumption of sports in the country has negatively impacted on the plans of Ulinzi Warriors bas...

basketball , Ulinzi Warriors , William Balozi

Kiprono Kittony appointed as Chairperson of Nairobi Securities Exchange Board

By Citizen Reporter,

The Board of Directors of the Nairobi Securities Exchange (NSE) Plc. has appointed Kiprono Kittony, EBS as the new Chair of the Board effective from J...

Kiprono Kittony , nse

Public hospitals start receiving PPEs worth Ksh.3M from Kenya COVID-19 Fund

By Citizen Reporter,

The Kenya COVID-19 Fund Board, in partnership with Equity Group Foundation (EGF) have embarked on the distribution of locally manufactured PPEs to pub...

coronavirus , karuku , Kenya COVID-19 Fund , PPEs