Partnership aims to enhance agricultural productivity, provide financial literacy, and promote sustainable farming practices among smallholder farmers in East and Central Africa.
James Mwangi
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- East Africa
Led by Kenyan tycoon James Mwangi, Equity Bank narrows profit gap with Safaricom through diversification and regional expansion
Equity Bank surpasses Safaricom’s profit amid regional expansion and diversification.
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New health insurance subsidiary to diversify Equity Group’s offerings beyond life and general categories.
- Hot News
Equity Group led by Kenyan banker James Mwangi rewards shareholders with $116.5-million dividend
Shareholders unanimously approved a final dividend of Ksh15.08 billion ($116.54 million) at the AGM in Nairobi.
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This follows a $3.77 million gain recorded between May 13 and 21, when his stake rose from $42.05 million to $45.75 million.
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DRC’s liberalized insurance sector, valued at $300 million in 2023, presents substantial growth prospects for Britam Holdings.
- Hot News
Equity Group led by Kenyan banker James Mwangi cuts debt by $191 million amid high interest rates
James Mwangi, a prominent figure in Kenyan finance, holds a 3.38-percent stake in Equity Group, representing 127,809,180 ordinary shares.
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This surge cements James Mwangi’s position as a top investor on the NSE and underscores his status as one of Kenya’s wealthiest …
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Equity Group’s total assets rose to Ksh1.69 trillion ($12.91 billion) by the end of the quarter, a 10.46-percent rise from Ksh1.53 trillion …
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Equity Group’s share price on the NSE has declined by 5.63 percent, dropping from Ksh44.4 ($0.3377) on Apr. 18 to Ksh41.9 ($0.3187) …