Tag Archives: Equity

Equity Bank commissions 100 new scholars

Equity Bank commissions 100 new scholars

Equity Bank Uganda has commissioned 100 scholars into the fifth cohort of its flagship Equity Leaders Program (ELP), while simultaneously celebrating the graduation of 81 students from the program’s maiden 2022 cohort, a milestone that underscores the institution’s growing footprint in Uganda’s higher education landscape. The newly commissioned scholars join 412 previously admitted students, bringing the total number of ELP …

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Equity leaders program challenges youth on integrity and purpose

Equity leaders program challenges youth on integrity and purpose

The 100 young leaders participating in the Equity Leaders Program taking place at Africa Bible University Lubowa were challenged to embrace discipline, integrity, and purposeful leadership during intensive self development sessions featuring senior executives and industry experts.The program brought together speakers from banking, marketing, finance and risk management, each offering practical lessons on leadership in an increasingly uncertain and fast-changing …

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Top Ugandan scholars join Equity Leaders Program

Top Ugandan scholars join Equity Leaders Program

A hundred of Uganda’s top-performing students have begun a new journey in leadership, mentorship, and career development. They are the latest intake of the Equity Leaders Program (ELP) – an initiative by the Equity Group Foundation aimed at nurturing Africa’s next generation of transformative leaders. The program kicked off on May 4, 2026, at the Africa Bible University in Lubowa, …

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THE HARVEST IS GOOD! Equity Group Records Historic 55% Growth in Profit After Tax of Kshs 75.5Bn

THE HARVEST IS GOOD Equity Group Records Historic 55 Growth

Nairobi, 18th March 2026: Equity Group Holdings Plc has announced record FY2025 results in Kenya’s corporate history, posting a 55% increase in Profit After Tax of KSh75.5 billion, up from KSh48.8 billion. The performance reflects the Group’s successful business transformation, diversified revenue growth, enhanced efficiency, and robust regional contributions. The balance sheet expanded by 9% to KSh1.97 trillion (FY2024: KSh1.8 …

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Equity Bank Uganda completes data centre migration to Raxio facility, earns Central Bank praise

Equity Banks Managing Director Claver Serumaga tours the Raxio Data Centre with David Kalyango, Excutive Director Bank Supervision Bank of Uganda

Our Reporter Equity Bank Uganda has successfully completed the migration of its core data centre operations to the Raxio Data Centre in Namanve Industrial Park, marking a significant milestone in the bank’s digital transformation journey. The move, which was completed a week ago and publicly unveiled on February 25, 2026, consolidates the bank’s critical infrastructure within a high-availability, in-country hosting …

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Cash shortage hits Equity Bank, customers’ fury, ponder legal action

Equity-Bank-Uganda-Head-Office

Equity Bank’s Juba Main Branch is facing imminent litigation after law firms representing two clients accused the bank of failing to provide cash despite repeated requests, causing what they call a “fundamental breach” of banking obligations. In a formal demand notice seen by Radio Tamazuj, Pan African Law Chambers LLP and Alliance Law Chambers state they are prepared to file …

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Equity Bank Supports Kibirige with 2000 USD to participate in the Q-School Golf Tournament in India

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Equity Bank on Saturday handed over a dummy cheque worth two thousand US dollars to Uganda’s top professional golfer, Marvin Kibirige, at the Uganda Golf Club, in support of his participation in the 2026 Q-School Golf Tournament in India. The sponsorship will enable Kibirige to compete in the prestigious qualifying event, which serves as a gateway to major international professional …

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MARITAL WARS! Equity Bank boss, wife fight over Shs17bn shares, ABC Capital Bank, Britam sucked in

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A simmering domestic and corporate battle has erupted within one of Kenya’s most influential business families, pitting Peter Munga, the founder of Equity Bank Group, against his wife, Rose Njambi Munga, in a Ksh640 million ($5 million, UGX 17.4bn) legal fight over shares in Britam Holdings Plc. The case, now before the High Court in Nairobi, centers on 75 million …

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RIP-OFF! Equity Bank, CIC Insurance fined billions for withholding customers cash

Equity Bank Relocates Bugolobi Branch to Enhance Customer Convenience and Experience

20 companies, including CIC Insurance, Equity Bank, and several universities, have been penalised a total of Sh2.2 billion for failing to hand over unclaimed financial assets to the Unclaimed Financial Assets Authority (UFAA), Kenya media reports. The fines follow a detailed audit by Kenya’s Auditor-General, which revealed that these firms withheld dividends, insurance payments, dormant savings, and other idle funds …

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