This regime has a level of njaa never seen before. How does KSh 500 million recovered from suspects’ homes just disappear? Sometimes you wonder where all this money is even needed, like is someone trying to pay for some healing ritual and has been asked for billions? At this point the country is being run like a criminal enterprise.
Kenya is Primarily 80 percent Agriculture. How we CANNOT Manufacture our own FERTILIZER 63 years after independence, but can build a 40 billion shillings conference centre NEEDS a case study.
Equity Bank announced profit after tax of Ksh 75.5 Billion for the Financial year ending December 31st 2025, up 54.7% from the previous period. Half of the revenues are now coming from subsidiaries, mostly the group’s regional operations.
The bank is now the most profitable company in East and Central Africa, at least upto 31st March. Safaricom is expected to make around Ksh 85 Billion in bottom line.
This marks the last year we are comparing Equity Bank Group and KCB Group in terms of profitability. It will be Equity Bank, then KCB going forward. This will likely be determined by not when but how they enter Ethiopia. Equity is likely to be more market driven in this, whether greenfield or brownfield.
West African market must now be “work in progress” and viable expansion targets for the two Banks. One year profit of Equity Group can buy over 55% of Nigerian Banking giant, Access Bank.
Later, they must get into Southern Africa and then cement this by dominating the entire Continent.
Dr Mwangi and Mr Paul Russo must start the process of listing the Groups in the London Stock Exchange (LSE) and be the platforms of financial and capital flow into Kenya.
We are African and African is our Business..
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