American Express And Equity Bank To Launch The First American Express Cards In Kenya Tomorrow
Tomorrow morning, Equity Bank Limited (EQTY) and American Express will launch the first American Express branded cards in Kenya. The venue of the launch will be at Equity centre, 9th floor, Upper Hill, Nairobi. The bank will be the sole issuer of American…
5 Things You Should Know This Morning – Oct 8
CIC Corporate Bond gets 211% subscription The CIC Insurance Group Corporate Bond has been oversubscribed by 111 percent raising a sum of Sh6.34 billion from the initial target of Sh3 billion. The group’s Managing Director Nelson Kuria said the subscription was from across all market segments among them local institutional…
Why Co-operative Bank Of Kenya Shares Have Risen 10% In Two Weeks
Co-operative Bank of Kenya (COOP) announced last week but one that they were hiring global consulting firm, McKinsey & Company, for advice on improving operational efficiency. Investors took notice. Cooperative bank’s shares have risen by over 10% in the last two weeks, from KES 19.35 as…
Airtel Uganda Partners With Equity Bank To Improve Financial Access
Airtel Uganda has partnered with Equity Bank Uganda, Uganda Cooperative Savings and Credit Union (UCSCU), and FutureLinkTechnologies (FLT), to implement the Integrated Financial Inclusion Project (IFIP). This is intended to enable more than 2 million customers to get financial access regardless of their location. It will make it easier for…
8 Things You Should Know This Morning
1. Civil Servants’ Union Gets Seat in Salaries Team The umbrella Civil Servants’ union has scored a major victory after the Salaries and Remuneration Commission invited it to be part of the agency’s committees. The Federation of Public Service Trade Unions of Kenya (Pusetu)…
Local Shareholders Spend Over KES 32 million on Athi River
COUNTER WATCH Athi River Mining – True to the prediction, locals took up shares in this company. The stock traded at KES 219, up by KES 9 from yesterday’s closing price. The amount traded was even more shocking as it stood at 150,000. Total amount that transacted was KES…
Equity Bank CEO Wins Forbes Africa Person of the Year Award
Kenya takes the stage yet again as Equity Bank CEO scoops another international prize.
Equity Testing ATM Withdrawal for Western Union Transfers
Equity Bank is rolling out a product that will allow users to access money send to them via Western Union through ATM stations and credit their Equity Bank Accounts.
Don't Cry Over Spilt Safaricom Shares.
COUNTER WATCH Safaricom Limited – A glimpse at the top losers (above) will show you that the counter’s performance dipped. The stock closed at KES 5, down 20 cents from yesterday’s close. Shareholders rushed to the counter to dispose of the stock while it was selling at an…
KES 5 Per Safaricom Share, What Next?
The Nairobi Securities Exchange closed on a high last week Friday at 4166.55 points for the 20-share index, up 0.25% from the previous Friday. The All-share index closed at 93.47, up 0.95% from the previous Friday. Here are the counters we shall be monitoring today.
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