Dr James Mwangi, Equity Group Managing Director & CEO, during Investor Briefing and Release of Q1 2024 Financial Results today.

Equity Group first-quarter pretax profit rises to KSh20.4 billion

Kenya’s Equity Group announced today Monday, May 13, that its first-quarter pretax profit rose 21 per cent to KSh20.4 billion, helped by growth in interest income. Equity, which also operates in Tanzania, Uganda, Rwanda, South Sudan, Burundi and Democratic Republic of Congo, said its net interest income increased to 28 per cent, translating to KSh27.8 billion….

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