By Ndindi Nyoro Results today recording a Ksh 32.3Bn PAT. Equity Group released the same earlier in the week recording a Net Profit of Ksh 33Bn. Growth is being fueled by regional Subsidiaries like DRC etc. Interestingly, KCB's shareholders Funds are now over Ksh 300Bn while the market Capitalisation is at Ksh 158.5Bn by the close of the market today. The bank is therefore trading at around 0.52 Price to Book value. Equity Bank's Shareholders Funds are at Ksh 274Bn and Market Capitalisation of 205Bn. The share is therefore trading at 0.75 to Book value. Several things. 1. The current trend of the Stock market is dividend driven. Shareholders are not necessarily interested in growth strategy but by the bottom line that end in the pocket. 2. Both banks are trading at around discount. Below 1 to Book value. 3. Both companies are now singularly almost as Profitable as Safaricom PLC. They are peers on profitability. However with a market cap of Ksh 1Trillion, Safaricom is valued 5 ...
By Martha Karua Growing up in rural Kirinyaga, I learned early that courage is not the absence of fear, it is the decision to act despite it. In my youth, I faced opposition, just as today’s young Kenyans face intimidation, and in some cases, abductions and killings by the regime. But just as I stood my ground then, I believe that your voices, amplified by today’s powerful digital platforms, can fight injustice, expose truth, and drive innovation. When I ran for MP, as a young advocate, with no money, and up against powerful, political systems and people, I was often told there were roles “not meant for women.” The same voices said I couldn’t win. Even today they still say that as a woman Presidential Candidate, the odds are against me, but I learned something powerful: when you prepare, persist, and believe in your cause, doors that seemed locked will open. On this International Youth Day, I encourage every young Kenyan, especially young women, to know: the future is not s...