Cooperative business leaders at the 2nd International CEOs’ Credit Union Summit in Africa conveyed by ACCOSCA, ACDF. Photo Courtesy

ACCOSCA, ACDF convene 2nd International CEOs’ Credit Union Summit in Africa

African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in close collaboration with the Africa Co-operative Development Foundation (ACDF) held 2nd International CEOs’ Credit Union Summit in Africa. The selected global Cooperative business leaders convened in Zimbabwe, Botswana, and Zambia to unpack strategies to foster the growth and development of SACCOs in Africa. The leaders…

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Car & General set to build KSh800 million mall in Shanzu

Car and General, a Nairobi Securities Exchange-listed firm is deepening its foray into the property business with a KSh800 million mall project in Shanzu, Mombasa County. The firm intends to build the mall on four acres, with the construction set to begin next year to be completed by 2026. “We are looking to commence a…

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quity Bank's Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters recently. Photo/Courtesy

Equity Group posts 13 per cent slide in 2023 pretax profit

Kenyan lender Equity Group reported a 13 per cent fall in 2023 pretax profit to KSh51.9 billion, weighed down by a surge in provisions for bad debts, the firm announced on Wednesday March 27. Equity is East African country’s top lender by earnings. READ ALSO: Capital Sacco launches promotion to reward members purchasing shares The firm…

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