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Sunday, March 22, 2026

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Business

World Bank bans PwC firms in Kenya, Rwanda, Mauritius over fraud and collusion

Events

Neon Energy Heads to Mbarara as Tusker Lite Raves Meet Marathon Fever

Uganda’s Ambassador to China, Oliver Wonekha.

Business

From Coffee to Tech: Ambassador Oliver Wonekha outlines new opportunities in Uganda–China partnership

Confederation of African Football (CAF) President Patrice Motsepe.

Sports

CAF president defends decision to award Morocco the 2025 AFCON title

Events

I&M Bank donates Ramadan hampers to Muslim communities in Gayaza and Bweyogerere

News

Bobi Wine begins international engagements in the US

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

Business

Equity Group posts record Ksh75.5 billion profit

Events

Kabira Country Club unveils Eid al-Fitr package with Shs55,000 Combo Platter

News

High Court dismisses Gukina’s kibanja claim on Speke Hotel’s beachfront land

News

Police arrest four over robberies targeting bank clients

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© Matooke Republic 2024

© Matooke Republic 2024