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…...
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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.
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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….
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