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From Left to Right: Bernice Kimacia, Auditor, Pricewaterhousecoopers, Equity Group Chairman, Prof. Isaac Macharia, and Equity Group Managing Director and CEO, Dr. James Mwangi, during the Group’s 21st Annual General Meeting. Equity Group Shareholders approved a record Kshs.?16 billion dividend payout at Kshs.?4.25 per share, reaffirming the Group’s commitment to shareholder returns. They also endorsed key governance policies, approved new board appointments, acknowledged the retirement of four longtime directors, and authorized the opening of a Representative Office in the UAE.
Africa

Equity Group shareholders approve dividend 

NAIROBI, Kenya — Equity Group Holdings Plc shareholders on Wednesday approved a dividend payout of 16 billion shillings (about $124 million), equivalent to 4.25 shillings per share, at the company’s 21st Annual General Meeting. The strong show of confidence also included the election of new...