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equity group

Equity Bank posts a 7% increase in profit after tax to Ksh. 16.3 Billion

Richard MureithiMarch 23, 2018

Equity Bank managed to overcome a challenging operating environment to post a 7% increase in their net profit to Ksh. 16.3 Billion up from Ksh. 15.2 Billion in ...

The Abraaj Group is set to acquire Java House Group

Lena AnyuoloJuly 3, 2017

A private equity firm known as The Abraaj Group, has agreed to acquire 100% of Java House Group from Emerging Capital Partners. Java House Group, which was s...

Equity Bank’s 2016 net profit drops by 5.9% to Ksh. 15.2 Billion

Richard MureithiMarch 15, 2017

Equity Bank Group has today released their full year 2016 results today and just like their peers the net profit has declined by 5.9% to Ksh. 15.2 Billion from ...

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Equitel boosts Equity Bank’s performance as profit grows

Richard MureithiNovember 6, 2016

Given the turbulence that the banking sector has experienced this year due to the failure of 3 banks together with the capping of interest rates, the expectatio...

Equity Bank wants to disrupt banking again with 7 new digital products

Richard MureithiOctober 12, 2016

Equity Bank is once again at the forefront of revolutionizing how banking is done Kenya with the launch of a range of digital products. The suite of digital pro...

Paypal withdrawals to Equity Bank now take 3 days

James WamathaiSeptember 22, 2016

PayPal withdrawals to Equity Bank accounts will now take 3 days. The withdrawals process previously took 5-8 days. PayPal withdrawals were introduced in Keny...

Bosch partners with Equity bank to provide Jua Kali artisans with powers tools

Richard MureithiJuly 4, 2016

Bosch Group a leading supplier of technology and services has partnered with Equity Bank with a view of providing the Jua Kali sector access to Bosch power tool...

Apply for 2,000 scholarships Equity Bank is giving to needy students

James WamathaiDecember 30, 2015

Equity Bank, through its Equity Group Foundation, will give 2,000 scholarships to needy KCPE graduates under the Wings to Fly scholarship program. The scholarsh...

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Winner of Vijana na Equity; Design your Destiny announced

Nyambura NgugiMarch 5, 2015

From left Sally Karago; winner of Vijana na Equity Campaign Arnold Muriithi; Equity Group Foundation Chairman, Dr James Mwangi; Leading Fashion Designer, Katun...

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How Equity Bank could have handled the ATM crisis

Staff WriterJuly 10, 2013

Equity Bank has had issues with their ATM system since last week. Apparently this was caused by an upgrade of the ATM system. It was a big problem last week...

Equity Bank makes paypal withdrawals in Kenya possible

James WamathaiJuly 9, 2013

For the first time in Kenya, users will now be able to make withdrawals from paypal to a Kenyan bank account. This has been made possible by Equity Bank in conj...

Equitel launches 5G services in 370 locations in Kenya

Makena Ndung'uFebruary 27, 2024

Equitel, a mobile virtual network operator (MVNO) by Finserve, has launched 5G services in 370 locations in Kenya. The new service was launched in partnership ...

Dr James Mwangi emphasizes need for social inclusion of refugees in Africa

Gladys WamuyuNovember 6, 2023

Equity Group Managing Director and CEO Dr. James Mwangi has called for increased social inclusion of refugees in Africa. In his address to the delegates attendi...

Sanergy Collaborative participates in discussions at the New York climate week

Gladys WamuyuSeptember 20, 2023

Regen Organics and Fresh Life, founding partners of The Sanergy Collaborative are among key companies in Kenya participating in discussions and sideline events ...

Mastercard foundation scholars program is celebrating a decade of developing young leaders

Staff WriterSeptember 16, 2022

The Mastercard Foundation is celebrating the decennial anniversary of the Mastercard Foundation Scholars Program. Launched in 2012, the Program began as a $...

Jack Ngare exits Microsoft, joins Google Cloud as Technical Director

Samson NderiApril 28, 2022

Google has appointed Jack Ngare to the position of a technical director in the Office of the Chief Technology Officer (CTO) in its cloud business. With over...

The Angaza Awards reveals the top 10 women to watch in banking & finance

Grace MathekaJanuary 13, 2022

The Angaza Awards: Women to Watch in Banking and Finance program has announced the list of Top 10 women shaping Africa’s financial services sector. The list was...

Kenya – DRC Trade Mission kicks off in Kinshasa, with over 2,000 delegates in attendance

Grace MathekaDecember 6, 2021

The DRC Vice-Prime Minister, H.E Eve Bazaiba, recently officially opened the Kenya – DRC Trade Mission 2021, a 15 day business networking initiative. The Trade ...

How COVID-19 is driving the growth of digital financial services in Kenya

Grace MathekaNovember 12, 2021

Since the onset of the COVID-19 pandemic, digital financial services have continued to accelerate commercial growth as indicated in the recently released financ...

James Mwangi & Arnolda Shiundu among Kenyans named in the 2021 Meaningful Business 100 list

Grace MathekaOctober 27, 2021

Four Kenyans have been selected for the 2021 Meaningful Business 100 (MB100) list. They include Equity Group CEO, Dr James Mwangi and Kenya Breweries Limited’s ...

Dr. James Mwangi named among 50 most reputable bank executives in Africa

Grace MathekaSeptember 29, 2021

Equity Bank CEO Dr. James Mwangi has been listed among the 50 most reputable Bank CEOs in Africa 2021 by Reputation Poll International, a global reputation mana...

Finserve Africa emerges as best in E-Commerce category at the 3rd Edition of the Kenya E- Commerce Awards

Samson NderiSeptember 14, 2021

Finserve Africa, a subsidiary of the Equity Group has been named the best in E-commerce - Banking/Financial and Insurance Services Gold Category at the 3rd Edit...

Equitel rolls out a 4G SIM card in a bid to offer its customers faster data speeds

Samson NderiAugust 12, 2021

Equity’s mobile virtual network operator, Equitel, has launched its fourth generation (4G) services. The new 4G high-speed broadband network is expected to offe...

1,410 Wings To Fly scholars to join university after performing well in the 2020 KCSE

Samson NderiJuly 5, 2021

The beneficiaries of the Equity Bank 2017 Wings to Fly scholarships who sat for the 2020 KCSE exams registered an impressive improvement in performance from th...

Angaza Awards unveils the Top 10 women to watch in banking and finance

Grace MathekaApril 13, 2021

The Angaza Awards; Women to Watch in Banking and Finance program has unveiled its list of Top 10 women who are steering and shaping the financial services secto...

Dr. James Mwangi wins the Oslo Business for Peace Award

Samson NderiSeptember 9, 2020

Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc has won the prestigious 2020 Oslo Business for Peace Award which is also describe...

Wings To Fly students shine in the 2019 KCSE results

Staff WriterDecember 31, 2019

Students who are beneficiaries of the Equity Bank Wings To Fly initiative performed well in the 2019 KCSE exams. 24 of the students managed to score a mean grad...

Dr. James Mwangi recognized in the 2019 Bloomberg 50

Richard MureithiDecember 10, 2019

The Bloomberg Businessweek has honored Dr. James Mwangi, Equity Group’s Managing Director and Chief Executive Officer, by selecting him to be among the 2019 Blo...

German Parliamentarians visit Wings To Fly beneficiary in Korogocho

Staff WriterAugust 8, 2019

A group of German parliamentarians has paid a courtesy visit to Jalddin Mohamed Issack one of the Wings to Fly beneficiaries at the Korogocho Informal Settlemen...

Microsoft appoints Jack Ngare as MD of the Africa Development Centre in Kenya

Staff WriterAugust 7, 2019

Microsoft has appointed Jack Ngare as the managing director of the Africa Development Centre in Kenya that the company launched in May 2019. Ngare was previo...

NSE embarks on trading futures with its most traded stocks

Staff WriterJuly 12, 2019

Nairobi Securities Exchange which launched the trading on future contracts known as “NEXT Derivatives Market” last week is offering its investors index futures ...

Mastercard invests Ksh. 30B in a youth job creation initiative in Kenya

Staff WriterJune 22, 2019

Mastercard Foundation has launched its Young Africa Works in Kenya in a public-private partnership between it, the private sector, and the Kenyan Government. ...

CEO Fridays; Finserve’s Jack Ngare on mKey as the future of digital banking

Richard MureithiMarch 1, 2019

Finserve Africa Limited was Kenya's first mobile virtual network operator in Kenya with Equitel. Other than Equitel, other products that they have launched incl...

Rebecca Mbithi appointed as the new Family Bank CEO

Staff WriterFebruary 26, 2019

Family Bank has announced that it has appointed Ms. Rebecca Mbithi as the bank’s new Chief Executive Officer. The appointment, which was done by the board of di...

Finserve Africa has launched mKey, a new social digital banking service

Richard MureithiSeptember 3, 2018

Just after being spun off as an independent company by Equity Group, Finserve Africa has launched a digital banking service that combines social, financial and ...

Co-op Bank named overall winner in the 2017 Catalyst Awards

James WamathaiFebruary 7, 2018

Co-op Bank has been declared the overall winners in the 2017 Sustainable Finance Catalyst Awards. The awards are for banks and other financial sector players an...

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4 African Universities join the Mastercard Foundation’s Scholars Program

James WamathaiDecember 5, 2014

The MasterCard Foundation has partnered with 4 African universities in 3 countries through its Scholars program. The Foundation will commit $86.6 million to...

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2,000 KCPE students awarded Wings To Fly Secondary School Scholarships

Lulu AkakiJanuary 23, 2014

President Uhuru Kenyatta officially commissioned the fifth class of Equity Group Foundationâ€™s scholarship program that will fund the education of 2,000 br...

Savannah Clinker raises Bamburi Cement bid to Ksh. 27.7 billion

Grace MathekaOctober 25, 2024

Savannah Clinker has announced an increase in its offer for Bamburi Cement, raising the bid price from Ksh. 70 per share to Ksh. 76.55 per share. This revision ...

BURN secures $15M additional investment from EIB to expand in East Africa

Grace MathekaOctober 25, 2024

BURN has secured a USD 15 million investment from the European Investment Bank (EIB). The Ksh. 1.9 billion (USD 15 million) investment was announced during the ...

KCB’s Elizabeth Cassidy wins the Mombasa Open International Chess Tournament

Makena Ndung'uOctober 14, 2024

13 year old Elizabeth Cassidy has won in the ladies’ category at the Mombasa Open International Chess Tournament that was hosted by Light International School i...

AI entrepreneurs hold the key to an era of unprecedented opportunity for Africa

Staff WriterOctober 14, 2024

It's exciting to see how AI is opening up new possibilities for African entrepreneurs. Over the past few years, we've witnessed a surge in innovation, with star...