Equity Group Earnings Growth Run Slows as Profit Nosedives

Corona effect?

Dr James Mwangi, Group Managing Director and CEO of Equity Group Holdings said the global COVID-19 pandemic has mutated into a global economic crisis, occasioned by a sudden standstill of economic activity as a result of the lockdown. “This has introduced unprecedented uncertainty within the global financial systems prompting us to adopt a conservative approach – fortifying our balance sheet and assuring ample liquidity to support our customers,” Dr Mwangi said.

Five Tech Startups Receive Sh1 Million Seed Funding Each From StanChart

This year’s top 5 companies are Bena Care which provides home nursing services to people with life-limiting illnesses across the country, Arbres Biotech – a company which focuses on technology transfer and capacity building in the agricultural sector and Nature’s Touch which manufactures nature-based skincare products/

Soul Food Enterprises which serves Swahili cuisines only and Taste Afrique which manufactures, distributes, and sells natural food seasoning products and mixed spices have also received the funding as well.

Earn Steady Income by Investing in Government Securities

Government Securities in Kenya

In Kenya, the National Treasury offers two types of government securities: Treasury bills and Treasury bonds.Treasury bills are a short-term investment, with maturities of 91 days, 182 days and 364 days. This means that if you invest money in a Treasury bill, you will receive that money back within three months, six months or one year, depending on the bill you choose.