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Equity Group Holdings Plc has announced its Q3 2025 results, showcasing a robust performance driven by strategic transformation and resilience. The Group’s Profit After Tax surged 32% to Kshs 54.1…
Retired Justice Dr. Henry Peter Adonyo has been appointed mediator in High Court matter HCT-00-CC-ME-0348-2025, pitting Dei Industries International Ltd against Equity Bank Uganda Ltd. The case, filed in 2024, had been allocated to Lady Justice Susan Abinyo of the Commercial Division, but on September 9, 2025, it went into mediation, with Justice Adonyo taking charge of the process. The next sitting is scheduled for September 24, 2025. Mediation is intended to resolve disputes amicably without going through the adversarial system. If the parties reach an agreement, it is adopted by the court. If it fails, the case reverts to…
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Despite having received UGX578.4 billion (USD million) in capitalisation from the government of Uganda, part of which was to be used to settle his indebtedness with Equity Bank, controversial pharma-entrepreneur, Matthias Magoola is yet to repay Equity Bank and Equity Bank Kenya. In a surprising plot twist, he has instead turned around to sue the two banks for a raft of accusations, top of which is a claim that the two banks, irregularly and unlawfully debited and or inflated the loans by UGX 47,652,951,120/= from the accounts of his two firms⏤ Dei Industries International Ltd And Dei Biopharma Ltd (formerly…
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Equity Group Holdings has launched a new brand identity. The Group has unveiled a new unified brand identity, signalling its next frontier in delivering a seamless customer experience across markets and across demographic segments. Speaking when unveiling the new identity in Nairobi, Equity Group Managing Director and CEO Dr James Mwangi said, “The new identity matches the new realities, business model, customer segments and preferences, and the evolving digital space. It has preserved the essence of the Group’s brand retaining the best heritage from the past, while introducing the best of the future”. Equity maintains that the fresh identity…
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