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Tag: Equity Group

Equity Group Managing Director and CEO, Dr. James Mwangi.

Business

Equity Group secures approval to open UAE office

Business

Equity Group shareholders endorse strategic growth at 21st AGM, approve Shs444.9 billion dividend and expansion into UAE

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.

Business

Equity Group posts UGX 423.5 billion profit amid strong regional growth

State Minister of Finance in charge of Investment and Privatization, Hon. Evelyn Anite, with Equity Bank officials during the Equity Trade Mission at Four Points by Sheraton, Kampala, Uganda.

Business

Equity Group rallies global investors in week-long trade mission to unlock opportunities in Tanzania and Uganda

Business

Equity Group recognized as a Superbrand in East Africa

From L-R: Sally Jepkorir, a Shareholder, Equity Group Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi and Daniel Kimotho, a Shareholder, during the Full Year 2024 Investor Briefing event. Equity Group Holdings has registered 12% growth in Profit After Tax to USh 1.39 trillion up from USh 1.24 trillion for the period ended 31st December 2024, reinforcing the continued success of the Group’s diversified business model and prudent financial management. The Group’s Profit Before Tax grew by 17% to USh 1.73 trillion, while Earnings Per Share (EPS) rose by 11% to USh 351. Regional operations contributed 49% of total assets and 54% of profit before tax. As a demonstration of commitment to its shareholders, the Group proposed a dividend of USh 121 per share, a payout ratio of 34.5%, reinforcing its track record of delivering value to its shareholders.

Business

Equity Group posts UGX 1.7 trillion pre-tax profit, fueled by strong growth strategy

Gift Shoko.

Business

Equity Bank Uganda appoints Gift Shoko as new Managing Director

January 14, 2025

The CEO of Gocongo Aziz Khabirpour takes delegates on a tour of his farm and biscuit factory in Lubumbashi. The farm, which sits on over 8,000 hectares of land, is one of the projects being financed by Equity.

Business

DRC Trade Missions Open New Frontiers for Investment And Business Growth Across Africa

December 6, 2024

Dr. James Mwangi, the Managing Director and CEO of Equity Group Holdings.

Business

Dr. James Mwangi joins World Bank Group High-Level Advisory Council on Jobs to champion youth employment in Africa

December 4, 2024

Equity Group Director of Trade Relations AQ Hamza (left) with EquityBCDC Managing
Director Willy Mulamba (2 nd right) flanked by the Equity Deputy Managing Director for South
Region Vyes Bizunga (2 nd left) and Equity Deputy Managing Director for West Region Timo
Ntoto (right).

Business

Equity Bank leads the charge in Kinshasa as DRC emerges as key investment hub for Africa

November 20, 2024

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© Matooke Republic 2024