Equity crosses the Trillion mark

Equity Group has crossed the Ksh.1,000,000,000,000 rubicon becoming the first bank in Eastern and Central Africa to cross this mark.   The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform.   The one trillion mark by Equity lifts the visibility of the financial sector in Eastern Africa significantly to compete favorably with financial institutions in South Africa, West Africa and North Africa for project and development finance.   Speaking when announcing this milestone from Kinshasa Congo where he was witnessing the migration of BCDC…

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Leaders tell off Governor Kinyanjui for running county affairs as one man show activity

A section of elected leaders in Nakuru have hit out at Governor Lee Kinyanjui urging him to respect all leaders.   Speaking on Monday at Lanet during a ground breaking ceremony for Nakuru Airport,the leaders led by Nakuru Senator Susan Kihika claimed Kinyanjui was running the county through a one man show.   Kihika noted that many leaders including herself were not invited for the ceremony yet they were elected by Nakuru residents.   The Senator also wondering why the event was made secret yet it was for the interest…

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Equity ranked 2nd valuable brand in Kenya

Equity has been ranked as the 2nd topmost valuable brand in Kenya, according to Brand Finance, an organization that specializes in brand valuation across all sectors. Each year, Brand Finance undertakes the world’s largest study on brand valuation, ranking over 5000 of the world’s biggest brands across all sectors and geographies. Millions of data points are analyzed, calculated and combined to form over 50 annual rankings released each year. For the first time this year, Brand Finance launched the Africa150 ranking; a ranking of Africa’s most valuable and strongest brands.…

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Governor Kinyanjui calls on Banks to have appetite for Agriculture sector

Nakuru Governor Lee Kinyanjui has urged financial institutions to support the agriculture industry by funding farmers in order to help the sector grow. Speaking during a breakfast meeting towards implementation of the Warehouse Receipt System  Act No. 8 of 2019,Kinynbajui noted that financial institutions have continued to ignore agriculture industry. But the Governor noted that Agriculture has great potential of raising the economy of the country to a higher level. He added that farmers have continued to find it difficult in accessing loan from banks hence derailing growth of agri-business.…

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Username offering the Best Black Friday Offers on Plots for Sale in Kenya

Username offering the Best Black Friday Offers on Plots for Sale in Kenya Have you been looking for land for sale in Kenya to invest in 2020? This is the ideal time to invest as Username Investments is offering amazing land discounts this Black Friday.  Take advantage of our amazing Black Friday offers to invest in value-added land from as low as Kshs 199,000 only and fulfill your land investment dream before the year ends. Our projects have ready title deeds and prices are all-inclusive of title transfer fees. Offer…

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Matatus back to Nakuru CBD following conservatory court orders

The battle between Nakuru matatu operators and the County Government has gone notch higher after the operators obtained a court order allowing them back to the Central Business District. The County government of Nakuru relocated all the PSV matatus from CBD in April this year in the name of decongesting town as well as observing the COVID-19 guidelines. However, the move was not welcomed by matatu operators and Business people in town who felt the county was messing up their livelihoods by relocating them to none productive areas far away…

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Equity grows loan book by 30% to support customers and keep the economy lights on

Equity Group has reported a 30% growth in its loan book from Kshs 348.9 billion in September 2019 to Kshs 453.9 billion as at 30th September 2020. While releasing the results for Q3 2020, Dr. James Mwangi, Group Managing Director and CEO said, “We grew our loan book by 30% year on year in order to support our customers who saw opportunities of green shoots and diversification in the COVID-19 environment. Most of the new opportunities we funded were in manufacturing of PPE’s, logistics, online businesses, agro- processing, fast moving…

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Equity Bank Limited appoints Prof. Timothy as Non-Executive Director

Professor timothy waema

Equity Bank (Kenya) Limited (EBKL) has appointed Prof. Timothy Waema as Non-Executive Director. Prof. Waema brings on board his extensive ICT experience that spans over 30 years in both private and public sector organizations in Kenya and the African region. He is a Professor of Information Systems in the School of Computing and Informatics in the University of Nairobi. Waema has consulted for numerous government ministries, private sector and NGOs in Kenya and other African countries on ICT and related issues. He has expertise in strategy development and execution, at…

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Tuskys Magic on spot for terminating employees’ contract without pay

Nakuru’s Tuskys Magic Supermarket is on spot for terminating employees’ contract without clear communication. The workers who were shocked to rexei e termination letters informing them of the drastic decision have accused the management. Addressing media at the closed Tuskys Magic in Nakuru town,the employees cited delayed salaries. Led by Nelson Masenge,they faulted the management for failing to pay them salaries for the last 3-4 months. “Today we are shocked of the news we received that we are not required here.We want the management to tell us the truth and…

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