Equity bank with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed 7th among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of the best performing banks. This is according to The Banker’s Top 100 African Banks ranking for...
Nairobi tops in online food and beverage delivery in sub-sahara Africa ahead of Lagos, Casablanca, Kampala and Ivory coast, according to latest Kenya food index 2020 report released by Jumia. The report which analyses market share of online food trends in Africa during the pandemic says Kenya’s 1.8 billion online food and beverage market is...
Electricity generating company (KenGen) is set to earn about USD 1,100,960 (about Ks 118million) in the next seven years from the Olkaria II Clean Development Mechanism (CDM) Project. This follows a decision by the United Nations Framework Convention on Climate Change (UNFCCC) to renew the power plant’s expansion CDM Project. With estimated certified emission reductions...
It was mid-July, on a chilly morning and *Judy Mwenda*, a business woman, was leaving Marigiti market where she had gone to collect her groceries when she received a rather disturbing text message from her bank. “Dear customer, your bank account is being shared by another person. Kindly call this number 07****** so that we...
Equity has entered into a partnership with the Kenya Private Schools Association (KPSA) through the signing of a Memorandum of Understanding (MOU), which will see the lender support and provide financial solutions to all private schools under the KPSA umbrella. Through this partnership, KPSA members will now access development and mortgage financing solutions of up...
Safaricom has contributed Ksh 654 billion to the Kenyan economy and sustained more than one million direct and indirect jobs in the 2019/20 financial year, according to it’s 9th sustainable business report. The Telco sustained 1,013, 728 jobs up from 979,000 which is a 4percent increase from the previous financial year. In the report whose...
In the changing global landscape, where volumes of digital payments are increasing and payments are being processed in seconds, fraudsters are creatively finding new ways to steal from banks and their customers
By M&M Equity Afia, the medical franchise of Equity Group Foundation (EGF), has opened three new medical centres in Kitengela, Ngong and along the Eastern Bypass. Located along the Maasai Discovery Building on the Nairobi-Namanga Highway, at Ngong Heights in Ngong and at Premier Northpark Mall along the Eastern Bypass respectively, the three new medical...
Equity has been recognized among the top 1000 best banks globally by the Financial Times Banker Magazine. Equity was ranked at position 754 out of 1000 global banks, a ranking that was based on an array of metrics including the size of the lender, financial soundness, profits on capital, and return on assets. The lender...
Safaricom has partnered with UNESCO, and Eneza Education to implement a digital mentorship programme for high school students interested in Science, Technology, Engineering and Mathematics (STEM). The program involves working with role models and mentors to provide students with information on STEM subjects to enable them make informed career choices. Learners will get a chance...