Tag Archives: Equity

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 …

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 …

As early as 4:30am, Divine Kobusigye the Senior Five Mobiliser at St Julian Secondary School was already dressed in her sparkling well pressed white Shirt and Kaaki skirt. She was beaming with a sheepish smile and couldn’t wait for the day to go on as they have been planning for the past one month. This preparation was in anticipation of …

Equity Bank Uganda in partnership with the Umukuka wa Bugisu, the cultural leader of the Bamasaba, and Gro Foundation has launched a major tree planting initiative aimed at decarbonizing dumping sites and promoting environmental conservation in Bugisu subregion. The project, covering eight acres around the major dumping site in Mbale city, will see the planting of trees that will act …