Browsing: Equity

Investing during a recession. The Strategy

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.

  1. 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

  • Zimbabwe Stock Exchange has been one of Africa's best performing stock markets during the years 2019 to 2021
  • Zimbabwe's economy officially dollarized for the second time since 2009 when it first abandoned the use of the Zimbabwe dollar.
  • The Zimbabwe Stock Exchange is home to some high quality companies that generate consistent quality returns.
  • When dollarization first occurred in 2009 companies in Zimbabwe were left poorly capitalized and in need of fresh capital in hard currency.
  • The need for fresh capital resulted in a flurry of rights issues from companies listed on the Zimbabwe Stock Exchange which for the most part were poorly subscribed leading to the dilution of existing shareholders who could not pursue their rights when dollarization initially occurred.
  • This second phase of dollarization will be like the initial phase for investors who are not prepared for it but will also be a significant opportunity for those with

Equity’s operations in the DRC now constitute 28 per cent of the Group by asset size signalling the company’s positive sentiment on the future outlook of the country. By virtue of the acquisition, Equity also became the largest bank by asset size at the Nairobi Securities Exchange (NSE).
Banking penetration in the DRC ranks at the bottom of regional peers, with only 6 per cent of the population holding a bank account. This presents a great opportunity for the Equity Group to leverage on its digital platform and inclusive products to penetrate the market and generate high returns. …

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.…