Equity Ngara Branch partners with Interior Ministry to plant trees at Mathari Hospital

Equity Ngara Branch partnered with the Ministry of Interior and Coordination of National Government to plant 3,300 tree seedlings at Mathari National Teaching and Referral Hospital. The exercise was conducted with the support of the Kazi Mtaani programme and chaperoned by the Deputy County Commissioner Mathare Sub-County, Jacob Mwaura. More than 200 youths from Mathare sub-county came out to plant trees in the public hospital that focuses on mental health matters. “Kazi Mtaani is an intervention by the Government to take care of youth affected by the restrictions enforced during…

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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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Business Associations: Governor Kinyanjui’s Award a plus to Nakuru

Business Associations have lauded Nakuru Governor Lee Kinyanjui for being named the Business-Friendly Governor of the Year 2020. Led by the Chamber of Commerce, East Africa Chamber of Commerce, Industry and Agriculture, Kenya Association of Manufacturers and Nakuru Business Association, the business fraternity say  is a plus for Nakuru County. Addressing the media in Nakuru, Chairman Chamber of Commerce Thuo Njuguna said the Award will see Nakuru elevated to another level in terms of business opportunities. He called on Governor Kinyanjui to even go for higher global   awards. “The development…

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IFC announces Sh500m loan to Equity Bank to support Kenyan SMEs during COVID-19

International Finance Corporation(IFC), a member of the World Bank Group, has announced a Sh500 million loan to Equity Bank Kenya to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients, especially those facing COVID-19 related challenges. The loan, which will ultimately support hundreds of Kenyan businesses in the manufacturing, health, trade, transport, and consumer goods sectors, is part of IFC’s global $8 billion fast-track COVID-19 facility, announced in March and designed to help businesses maintain operations and jobs during—and after— the COVID-19 crisis.…

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Empower agro-industries to end post harvest loses-Governor Kinyanjui

Governments should lobby for and devise laws that favor local industries for the country to be food secure. Nakuru Governor Lee Kinyanjui says despite Kenya producing much food, startling statistics from the Kenya National Bureau of Statistics show that Kenya loses over Sh100 billion worth of food to waste annually. Governor Lee stated that establishing agro-processing industries would ensure perishable food undergoes value addition thus minimizing loses. “We need to start thinking on establishing agro-processing industries that would ensure perishable food undergoes value addition thus minimizing loses” said Kinyanjui. He…

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Wananchi Group launches Zuku Fiber services in Nakuru

Wananchi Group on Wednesday launched Zuku Fiber in Nakuru in its move to expand services to its customers across the country. Speaking during the launch, Wananchi Group Chief Executive Officer, Mr. Thomas Hintze said they will also be expanding to other regions among them Eldoret, Naivasha, and Kisumu in phase two roll out plan. He noted that though Kenya has a high mobile internet penetration, there is high demand for home broadband internet services because of Kenya’s growing data demand with domestic data consumption currently about 200 to 500 times…

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Why you should invest in Nakuru

Nakuru County is banking on cheap and reliable geothermal energy, geographical centrality and availability of large chunks of land to woo local and international investors. Recently, the World Bank ranked Nakuru as the third county with the highest GDP in Kenya after Nairobi and Kiambu. Governor Lee Kinyanjui says the county government is working on investment incentives to attract and cushion investors to realize the Big 4 Agenda. The governor was speaking when he met envoys and foreign trade officers at a briefing on the upcoming Nakuru International Investment Conference…

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