Kenyan banking mogul James Mwangi's Equity Bank Rwanda loses $3.2 million in fraud as 35 suspects arrested
Equity Bank Rwanda lost about $3.2 million in a fraud scheme that exploited its mobile money float system, with 35 people arrested.
Kenyan banking mogul
Co-op Bank delivers Q1 profit of $53.3 million under Gideon Muriuki
Co-op Bank posted a $53.3 million Q1 profit, up 5.3%, driven by digital lending, strong interest income, and operational efficiency under CEO Gideon Muriuki.
Kenyan banking mogul James Mwangi suffers $3.8 million loss in just 60 days
The recent drop in Mwangi’s stake has pared his earlier gains this year to a loss of nearly $1.5 million.
Kenyan businessman James Mwangi’s Equity posts $281 million in profit in 9M 2022
Mwangi owns a 3.38-percent stake in Equity Group.