The expansion follows a successful foray into life insurance in 2022 and subsequent approval from the Insurance Regulatory Authority (IRA) in May …
Equity Group
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Mwangi’s stake in Equity Group has hit the $30-million milestone.
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Equity Group envisions expanding opportunities for wealth creation while upholding the highest standards of service excellence, innovation, and financial inclusion.
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Mwangi owns a 3.38-percent stake in Equity Group, or 127,809,180 ordinary shares.
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The move aligns with its strategy to bolster earnings and revenue by expanding its reach across East Africa.
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Mwangi credited the growing influence of Equity Group’s subsidiaries, especially the DRC unit, for the overall performance of the group in the …
- East Africa
Bank led by Kenyan banker James Mwangi injects $4.6 billion to drive African recovery and resilience
Mwangi, the managing director and CEO of Equity Group, shared details of this ambitious plan during a recent interview in Kenya.
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Equity Group has become a dominant force in East and Central Africa under the leadership of Mwangi, who owns 3.38 percent of …
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Equity Group has become a dominant force in East and Central Africa under the leadership of Mwangi, who owns 3.38 percent of …
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This marks the latest chapter in Munga’s ongoing struggle with debt, which has seen him narrowly escape property auctions in the past.