Equity Group has reported a net profit of $304.2 million for the third quarter of the year, representing a growth of 13.6 percent from $267.8 million during a similar period last year. This growth was driven by an increase in operating income, propelled by the performance of the Tanzania and Rwanda subsidiaries. Total operating income…...
Trending
- Daily news from African financial markets: BCEAO injects liquidity in Dakar; Safaricom control remains unchanged in Nairobi
- “Pan-Africanism yes, xenophobia no”: the message from lawyer NJ Ayuk
- BGFI Holding Corporation: successful bet, the offer of 80.558 billion CFA francs oversubscribed
- Dakar-Bamako Corridor: the southern route cannot bear Mali alone
- Facing African financial boundaries, Dangote’s IPO extended
- Daily African Financial Markets: Dangote IPO Extended
- Lesotho: an agreement with the ALSF to better negotiate its major contracts
- Paris-N’Djamena: towards discreet aerial rearmament?
Equity Group Q3 profit up 13.6 percent to $304.2 million
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com