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Equatorial Commercial Bank
Spire Bank, formerly known as Equatorial Commercial Bank (ECB), is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. Overview The bank is a medium-sized financial institution in Kenya, serving corporate clients, small and medium enterprises and individuals. , the bank's total assets were valued at about KSh.15.562 billion/= (US$180 million), with shareholders' equity valued at about KSh.1.371 billion/= (US$16 million). At that time, the bank was ranked number 27, by assets, out of 43 banks licensed in Kenya. The company has a 20% investment in ''Equatorial Investment Bank Limited'' and 23.86% in ''Fidelity Shield Insurance Company Limited'' which have been accounted for as associate companies in the consolidated financial statements. History Established as an Equatorial Finance Company in 1983, Due to change in regulation, Equatorial Finance Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairperson
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as ''President (corporate title), president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', ''moderator (town official), moderator'', ''pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mwalimu Cooperative Savings & Credit Society Limited
Mwalimu Cooperative Savings and Credit Society Limited, also known as Mwalimu National Sacco Limited, but often referred to as Mwalimu Sacco, is a savings and credit co-operative society (Sacco) in Kenya, the largest economy in the East African Community. It is an institutional Sacco, composed of the staff of the Teachers Service Commission (TSC), TSC teachers in secondary and tertiary institutions, TSC teachers in elementary schools, the staff of Mwalimu National Sacco Limited and the spouses of the above members, when formally gainfully employed. The society is licensed and regulated by the Sacco Societies Regulatory Authority. Overview Mwalimu Sacco is a medium-tier financial services provider in Kenya. , it was the largest Savings and Cooperative Society (Sacco) in the country, with an asset base valued at about US$282.2 million (KES:24.5 billion). At that time, the society had in excess of 57,520 members and a loan book of approximately US$241.5 million (KES:20.96 billion). I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eldoret
Eldoret is a city in the Rift Valley region of Kenya. It serves as the capital of Uasin Gishu County. Located in western Kenya and lying south of the Cherangani Hills, the local elevation varies from about at the Eldoret International Airport to more than in nearby areas. As per the 2019 population census, Eldoret has a population of 475,716 people and is the fifth most populated urban area in the country after Nairobi, Mombasa, Nakuru and Ruiru. A long standing municipality, Eldoret was conferred city status on 15 August 2024, making it the fifth city of Kenya. The city is a significant urban area in Kenya; it is the second largest medical destination in Kenya after Nairobi and hosts the largest university student population outside of the nation's capital. Its international airport is ranked as the nation's second busiest cargo airport after JKIA in Nairobi and has the second largest coverage by financial institutions outside of the capital with over 40 branches i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kakamega
Kakamega is a town in western Kenya lying about 30 km north of the Equator. It is the headquarters of Kakamega County that has a population of 1,867,579 (2019 census). The town has an urban population of 107,227 (2019 census). Kakamega is 52 km north of Kisumu, and considered the heart of Luhya land. The average elevation of Kakamega is 1,535 metres. The county has 12 constituencies in total, namely Butere, Mumias East, Mumias West, Matungu, Khwisero, Shinyalu, Lurambi, ikolomani, Lugari, Malava, Navakholo and Likuyani. Naming Kakamega was so named because the word "kakamega" translates roughly to "pinch" in Luhya, a tribe occupying the region, which was used to describe how European colonists would eat the staple food, ugali. It is often told that Kakamega derives its modern name from the local dialect. The story goes that when European settlers first visited the area now known as Kakamega and were offered maize meal, the local staple food called Obusuma, and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kisumu
Kisumu ( ) is the third-largest city in Kenya located in the Lake Victoria area in the former Nyanza Province. It is the second-largest city after Kampala in the Lake Victoria Basin. The city has a population of slightly over 600,000. The metro region, including Maseno and Ahero, has a population of 1,155,574 people (560,942 males, 594,609 females and 23 intersex) according to the 2019 Kenya Population and Housing Census which was conducted by the Kenya National Bureau of Statistics. Apart from being an important political city, it is one of the premier industrial and commercial centres in Kenya. It is also an intellectual city with many PhDs. The city is currently undergoing an urban rejuvenation of the downtown and lower town which includes modernizing the lake front, decongesting main streets, and making the streets pedestrian-friendly. Culturally, Kisumu serves as the centre of the Luo people of East Africa. It was the most prominent urban centre in the pre-colonia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nyali
Nyali is a residential area and Sub-County within Mombasa City, located on the mainland north of Mombasa County. It is connected to Mombasa Island by the New Nyali Bridge. Nyali is known for its many high-class hotels and residential houses, modern standards, and long white sand beaches making it a popular destination for both local and foreign tourists.Nyali info , All you need to know about Nyali, the pearl of Mombasa. Description Nyali is a relatively affluent residential area, bordered by Kongowea to the north and north east, Mkomani to the west and the Indian Ocean to the south. It is characterised by low-density, high-value housing, malls and beachfront resorts and hotels. There are a number of points of interest in Nyali, including ''Mamba Village''(the biggest crocodile farm in Africa), ''Nyali Golf Club'', ''Dwarikadham Hindu t ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mombasa
Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of British East Africa, before Nairobi was elevated to capital status in 1907. It now serves as the capital of Mombasa County. The town is known as "the white and blue city" in Kenya. It is the country's oldest ( 900 A.D.) and second-largest List of cities in Kenya, cityThe World Factbook . Cia.gov. Retrieved on 17 August 2013. after Nairobi, with a population of about 1,208,333 people according to the 2019 census. Mombasa's location on the Indian Ocean made it a historical trading centre, and it has been controlled by many countries because of its strategic location. Kenyan school history books place the founding of Mombasa as 900 AD. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westlands, Nairobi
Westlands is a mixed-use neighbourhood in Parklands, Nairobi, Upper Parklands in Nairobi. Located from Nairobi's central business district, it sits on the westerly areas of the larger Parklands area of Nairobi. Location Westlands is located approximately , by road, northwest of the central business district of Nairobi. The geographical coordinates of the neighbourhood are: 01°16'01.0"S, 36°48'42.0"E (Latitude:-1.266944; Longitude:36.811667). Overview Westlands is a residential district in Nairobi which houses a sizable population of upper middle class and wealthy Kenyans During the 1990s and early 2000s, as land and office space became scarce and exorbitantly priced in the central business district, more businesses relocated to Westlands and Upper Hill, Nairobi, Upper Hill, where land and office space are more readily available and less expensive. Westlands was initially considered part of the Parklands, Nairobi, Parklands area and straddled what is now Waiyaki Way, origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sameer Group
The Sameer Group of Companies, commonly referred to as the Sameer Group, is a large conglomerate, based in Kenya, with operations and subsidiaries in neighboring African countries. Overview The group is involved in industries including: agriculture, manufacturing, distribution, high-tech, construction, transport and finance. The company's offices are located in Nairobi, the capital city of Kenya, and the largest metropolitan area in that country. The shares of stock of some of the group's subsidiaries are listed on the Nairobi Stock Exchange. Subsidiary companies , the Sameer Group subsidiaries include, but are not limited to the following companies: *Sasini Tea & Coffee, Nairobi, Kenya * Sameer Agriculture & Livestock Limited, Kampala, Uganda - Dairy Processing (Sold to Brookside Dairies in May 2015). * Sameer Industrial Park Limited, Nairobi, Kenya * Sameer Business Park Limited, Nairobi, Kenya * Sameer Africa Limited, Nairobi, Kenya - Manufacture of tires. Formerly "Fire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naushad Merali
Naushad N. Merali, CBS (2 January 1951 – 3 July 2021) was the founder of the Kenyan mobile service provider Airtel Kenya, Kencell along with French media giant Vivendi.''Naushad Merali'' information at Forbes.com Merali became famous in an almost folk tale for a corporate boardroom manoeuvre that earned him a $20million dollar profit in one hour thanks to pre-emptive rights of his stake in private Telecom company Kencell Kenya in 2004. He attended Highway Secondary School in the suburbs of Nairobi, Kenya. As one of Kenya's leading industrialists, Merali brought commercial development in Kenya for more than 30 years and was constantly expanding his businesses throughout East Africa. Based on the annual List of Kenyans by net worth, Forbes ranking of Africa's ric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity Bank Kenya Limited
Equity Bank Kenya Limited is a Kenyan bank and financial services provider headquartered in Nairobi providing retail banking and commercial banking services. The bank is licensed as a commercial bank by the Central Bank of Kenya, which is the national banking regulator of Kenya. In 2010 the bank introduced the Agency banking model, which has proved a success and is regulated by Central Bank of Kenya Prudential guidelines. History Equity Bank Kenya Limited was incorporated in 2014, as a result of the corporate restructure of its parent company Equity Group Holdings Limited. Prior to November 2014, Equity Group Holdings Limited operated both as a licensed bank and a holding company for its subsidiaries. On 31 October 2014, Equity Bank announced its intention to incorporate a new, wholly owned subsidiary Equity Bank Kenya Limited, to which it would transfer its Kenyan banking business, assets and liabilities. By converting Equity Group Holdings Limited into a non-trading hol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
