Shareholders unanimously approved a final dividend of Ksh15.08 billion ($116.54 million) at the AGM in Nairobi.
Kenyan banker
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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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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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Muriuki, who has played a pivotal role in the bank’s expansion, holds a two-percent stake in the group, now valued at more …
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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 Life’s rise coincides with Mwangi’s continued regional expansion of Equity Group across East and Central Africa.
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Co-op Bank led by Gideon Muriuki secures $25.2 million to support women-owned businesses in Kenya
Muriuki, Co-op Bank’s CEO and managing director, welcomed the financing, emphasizing the critical need to bolster support for women-owned businesses.
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Mwangi, Kenya’s richest banker, holds a 3.38-percent stake in Equity Group. This equates to 127,809,180 ordinary shares.
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Thanks to the surge in Britam shares, Mbaru’s stake in the Kenya-based diversified financial services group is worth Ksh748.8 million ($5.77 million).