Trending
- Nigeria’s output dips fastest in 19 months on a sharp rise in costs
- Apple faces growing backlash over Congo exploitation
- Why East Africa is staring at higher wheat prices in 2025
- Nairobi Gate SEZ pumps $7 million into Kenya’s agro-processing industry
- What impact will the US election have on Africa?
- Russia and Tanzania unite to double trade, boost Africa market access
- History as Janngo Capital seals Africa’s largest gender-equal $78M tech VC fund
- South Africa Budget Disappoints Investors as Deficit Widens
Browsing: Equity
- Tanzania-based CRDB bank has recognized the potential for growth opportunities in regional economies.
- CRDB Bank has established a presence in Burundi, Rwanda, Uganda, and DRC, following in the footsteps of Kenya’s Equity and KCB.
- CRDB Bank’s regional expansion aims to facilitate cross-border trade and enhance financial inclusion.
CRDB Bank is evolving into a partner for growth for East Africa’s entrepreneurs by seeking to replicate its success story in Tanzania across the regional markets. The bank has recognized the potential for growth and opportunities in neighboring countries and is strategically expanding its operations in East Africa.
In Tanzania, entrepreneurs are tapping into the lender’s range of products to scale into new growth horizons. Take Diana Tarimo for instance. When Diana received about $21,000 in business loans from CRDB, this became the catalyst she needed to expand her water distribution investments in suburban Dar es Salaam.
Diana is one of over 10,000 …
In times of economic volatility like during a recession cash king. Cash provides investors with a buffer to absorb the shocks that may comes from a bad economy but also the ability to take full advantage of the opportunities that are sure to arise as investors run for the doors.
Shrewd investors who realize this will always make cash or dry powder provisions in their investment portfolios. They do this by keeping cash in their brokerage or bank accounts or investing in near-cash securities like money market accounts and certificates of deposits.
Cash is important because in a recession good quality securities and investments can be bought for knockdown or bargain basement prices. This can only be realized if an investor to begin with did not lose their nerve at the prospect of a recession and secondly decided to keep a significant portion of their portfolio in cash.…
- Brand Finance ranked giant telecommunications company Safaricom as the most valuable brand
- Equity Group Holdings Limited has become one of the most recognised banks in Kenya under James Mwangi’s leadership
- Tusker Lager emerged as the fastest-growing brand with its value growing by 132 per cent
Brand Finance, a valuation consultancy firm, recently released the list of the most valuable brands in Kenya.
The Brand Finance Kenya 20 2022 ranking listed giant telecommunications company Safaricom as the most valuable brand. The telco has consistently maintained the top spot out of 20 firms surveyed over the years.
Companies in the financial sector services dominated the list.
-
Safaricom
Safaricom is the largest telecommunications company in Kenya. The 2021-2022 first quarter sector report released by the Communications Authority of Kenya (CAK) noted that the telco is the market leader with a 64.6% share.
The Kenyan government and Vodacom each control a 35 per cent
The shareholders of Equity Group Holdings Plc have passed resolutions that will reinforce the governance structures of the Group, continue to diversify the Board composition, and also assure investors of dividend pay-out every year as long as the Company posts profits.
In a statement, the Group says shareholders voted for the Amendment of Articles 1 and 79 of the Articles of Association of the Company thereby reinforcing its governance structure and signaling the growing significance of Equity Group Foundation as the social impact investment arm and custodian of the purpose of the Group.
Speaking after the AGM, the Group Board Chairman Equity Group Holdings Plc (EGH Plc), Professor Isaac Macharia said the move will further strengthen the structures to ensure the Board is reinforced through diversified representation for effective oversight.
“In so doing, the shareholders have passed a resolution enabling shareholders with more than 12.5 percent shareholding to participate directly …
A consortium of organizations led by Equity Group has signed a strategic partnership to accelerate the achievement of the Sustainable Development Goals (SDGs) in Kenya by 2030.
The partners include Equity Group Foundation together with the United Nations system in Kenya, and its SDG Partnership Platform.
In a statement, Equity Group said the strengthened partnership will promote and catalyze investments in the SDGs beyond short-term cycles, enabling the UN system in Kenya to reach more people on the ground through Equity’s strong brand in the community, its infrastructure network, development expertise and local knowledge.
Additionally, the partnership will promote social and financial inclusion improving economic outcomes for human development and contributing to the socio-economic transformation of Kenya.
The coming together of the two institutions is expected to support Kenya’s transition as an emerging Middle-Income country through harnessing innovative partnerships, investments, and financing to accelerate the SDGs for poverty alleviation, and …
Africa’s private equity landscape continues to attract investment. The operating environment, albeit still turbulent, continues to improve. Granted, the pace of improvement is higher in some countries than others, but overall there is promise of a conducive climate for business.
The enabling environment, coupled with the accelerated digital infrastructure growth, inspires momentum in the private sector contributing to the growing middle class. This will, in turn, lead to improved employment opportunities.…