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Year: 2024

Business

Business magnate Sudhir to headline 14th UK-Africa Trade Summit in London

July 16, 2024
Two suspects, Hannington Ssekandi (L) and Adams Ssentongo paraded by the UPDF.
News

Fake soldier who promoted himself to Major General arrested for land grabbing in Wakiso

July 16, 2024
Sports

Tanzania leads the way in East Africa with VAR introduction in domestic league

July 16, 2024
News

BOBI WINE: Ugandan youth must emulate the young people in Kenya

July 16, 2024
Paul Kagame.
News

Rwanda’s Election: Kagame leads with 99.15% of votes counted

July 16, 2024
Events

Kampala Restaurant Week ends with a bang, shines light on Kampala’s dining scene

July 15, 2024
Events

Tusker Lite Mt. Rwenzori Marathon Draws Participants from 24 Nations

July 15, 2024
News

Taxi catches fire in Jinja, killing three and injuring several others

July 15, 2024
MP Barnabas Tinkasiimire.
News

Kenyan youth are driving change, but their Ugandan counterparts are struggling to join those who are already eating — MP Tinkasiimire

July 15, 2024
Equity Bank Branch.
Business

Equity Bank cleared of wrongdoing in Shs3 billion fraudulent gold transaction

July 15, 2024
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TRENDING

Entertainment

Bebe Cool to hold his first-ever album listening party in the UK at Masq London Bar and Restaurant tonight

August 12, 2025
UBL team, sponsors, and partners pose for a photo at the press launch.
Sports

Johnnie Walker announces Shs650m for the sponsorship & execution of the JW Uganda Golf Open Championship 2025

August 12, 2025
Business

Kabira Country Club unveils heated kids’ pool and colourful children’s play castle as it moves towards Five-Star status

August 12, 2025
(L-R) Chairperson Association of Uganda Tour Operators Civy Tumusiime, President Uganda Tourism Association Yogi Biriggwa, UWA Executive Director Dr. James Musinguzi, Minister of State for Tourism Martin Mugara, CEO Presidential CEO's Forum Irene Birungi Mugisha, CEO UTB Juliana Kagwa and the UTB Marketing Manager Francis Nyende at the launch of the Rhino Naming Ceremony.
Events

Uganda to hold Rhino naming ceremony at Ziwa Sanctuary

August 12, 2025
From Left to Right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi, Director Equity Group Foundation Operations, Dr. Joanne Korir and Equity Bank Kenya Managing Director, Moses Nyabanda, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion for the period ended 30th June 2025, achieving its strongest quarterly performance in history with a Profit Before Tax of Kshs. 22.9 billion in Q2 2025. Total assets grew by 3% year on year to Kshs. 1.8 trillion, while customer deposits rose by 2% to Kshs. 1.32 trillion. Net loans increased by 4% year on year to Kshs. 825.1 billion. Regional subsidiaries contributed 49% of total deposits, 50% of the loan book, and 46% of profit before tax, with markets such as DRC, Rwanda, Uganda, and Tanzania recording strong growth in profitability, deposits, and loans. This performance underscores Equity’s successful transformation from a Kenyan bank into a regional financial powerhouse with an expanding footprint across East and Central Africa.
Business

Equity Group’s half-year net profit rises to Kshs 34.6 billion from Kshs 29.6 billion

August 12, 2025

RECOMMENDED

Bebe Cool to hold his first-ever album listening party in the UK at Masq London Bar and Restaurant tonight

August 12, 2025
UBL team, sponsors, and partners pose for a photo at the press launch.

Johnnie Walker announces Shs650m for the sponsorship & execution of the JW Uganda Golf Open Championship 2025

August 12, 2025

Kabira Country Club unveils heated kids’ pool and colourful children’s play castle as it moves towards Five-Star status

August 12, 2025
(L-R) Chairperson Association of Uganda Tour Operators Civy Tumusiime, President Uganda Tourism Association Yogi Biriggwa, UWA Executive Director Dr. James Musinguzi, Minister of State for Tourism Martin Mugara, CEO Presidential CEO's Forum Irene Birungi Mugisha, CEO UTB Juliana Kagwa and the UTB Marketing Manager Francis Nyende at the launch of the Rhino Naming Ceremony.

Uganda to hold Rhino naming ceremony at Ziwa Sanctuary

August 12, 2025
From Left to Right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi, Director Equity Group Foundation Operations, Dr. Joanne Korir and Equity Bank Kenya Managing Director, Moses Nyabanda, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion for the period ended 30th June 2025, achieving its strongest quarterly performance in history with a Profit Before Tax of Kshs. 22.9 billion in Q2 2025. Total assets grew by 3% year on year to Kshs. 1.8 trillion, while customer deposits rose by 2% to Kshs. 1.32 trillion. Net loans increased by 4% year on year to Kshs. 825.1 billion. Regional subsidiaries contributed 49% of total deposits, 50% of the loan book, and 46% of profit before tax, with markets such as DRC, Rwanda, Uganda, and Tanzania recording strong growth in profitability, deposits, and loans. This performance underscores Equity’s successful transformation from a Kenyan bank into a regional financial powerhouse with an expanding footprint across East and Central Africa.

Equity Group’s half-year net profit rises to Kshs 34.6 billion from Kshs 29.6 billion

August 12, 2025
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© Matooke Republic 2024

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