Topic: Equity
Equity expands money transfer services to over 30 countries with Mastercard deal
Apr 16, 2024 at 11:33 AM
Equity Bank, a leading Kenyan bank, has announced a significant expansion of its international money transfer services, reaching over 30 countries through a new collaboration with ...
Equity maintains Sh15.1 billion dividend as it records Sh43.7 billion post-tax profit
Mar 27, 2024 at 08:11 PM
Equity Group has recommended a record dividend of Sh15.1 billion for the second consecutive year, which translated to a payout of 36 per cent of its profit after tax....
Equity Group cements position as second-strongest banking brand globally
Mar 12, 2024 at 06:06 PM
Equity Group has cemented its position as a financial powerhouse, claiming the second-strongest banking brand globally and the top spot in Africa according to Brand Finance’s 202...
Equity and PayPal partner to offer instant money withdrawal services to Kenyans
Mar 05, 2024 at 03:58 PM
Kenyan freelancers, digital entrepreneurs, and anyone else receiving payments online have a reason to smile after Equity Bank and PayPal signed a pact to ease the withdrawal of cas...
Rife speculation, panic selling as Kenya Shilling makes historic gains against US dollar
Feb 15, 2024 at 04:53 PM
The Kenyan shilling staged a remarkable comeback against the US dollar Wednesday, recording its strongest intra-day gain in 12 years....
Woman charged with withdrawing Sh392K mistakenly sent to her M-Pesa
Feb 08, 2024 at 12:03 AM
In a surprising turn of events, a businesswoman finds herself entangled in legal proceedings after allegedly withholding an erroneous sum of Sh392,000 transferred to her M-Pesa age...
Households plunge into darkness as M-Pesa glitch guts KPLC prepaid top-ups
Jan 22, 2024 at 11:24 PM
A technical glitch affecting M-Pesa has thrown Kenya's prepaid electricity system into disarray, leaving millions of households grappling with the prospect of a pitch-dark night....
Equity Bank's new overdraft facility set to challenge Safaricom's Fuliza dominance
Jan 16, 2024 at 05:58 PM
Equity Bank Kenya customers can now enjoy a revolutionary financial tool as the bank introduces Boostika, an unsecured overdraft facility that enables account holders to overdraw b...
Equity Group cements regional footprint with its full acquisition of Cogebanque
Dec 01, 2023 at 10:01 PM
In a strategic move to bolster its regional influence, Equity Group Holdings Plc (EGH) has triumphantly concluded the acquisition of Compagnie Générale de Banque (Cogebanque) Plc...
What you need to know about Equity’s instant top up to complete a transaction
Nov 08, 2023 at 12:34 PM
Have you ever found yourself in a situation where you are unable to complete your transaction due to insufficient funds while paying for goods and services, paying bills, sending m...
Banking sector calls for review of tax law imposing five-day payment requirement
Nov 01, 2023 at 02:08 PM
The Kenya Bankers Association (KBA) has approached Parliament seeking a review of the recently enacted Finance Act, 2023, expressing significant concerns about the administrative c...
Court bars Equity from auctioning East Africa Cables property worth Sh3 billion
Oct 21, 2023 at 10:15 AM
The High Court of Kenya has issued a decisive ruling, preventing Equity Bank from proceeding with the sale of three valuable properties owned by East Africa Cables, which are colle...
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KCB chess team sets sights on victory at Mombasa Open Chess Championship
Oct 17, 2023 at 01:11 PM
Kenya Chess Premier League leaders, KCB, are gearing up for a strong performance at the forthcoming Mombasa Open Chess Championship, scheduled to take place from October 20th to 22...
