Equity Group Chief Executive James Mwangi has been named in The 2019 Bloomberg 50 which fetes the world’s top 50 individuals with the most formidable achievements in their line of work.
This year’s top 50 features top business minds as well as political leaders placing the Equity Group CEO beside New Zealand Prime Minister Jacinda Arden, Music Superstar Rihanna, 16-year-old Swedish environmental activist Greta Thunberg and Boris Jordan, the CEO of Curaleaf, a USD2.5 billion (Ksh253.8 billion) American marijuana processing company.
Bloomberg 50 honours Mwangi for driving Equity Group’s aggressive expansion strategy that seeks to ensure Equity Bank’s presence in 10 African economies by the end of 2019 and 15 countries by 2026.
While ranking Dr Mwangi, Bloomberg factored in his contribution in steering Equity Bank’s presence in the greater Central and Southern Africa region.
This is through the bold move to expand to DRC, Mozambique and Zambia’s banking sectors through transactions with the Banque Commercial du Congo (BCDC) and Atlas Mara Ltd respectively.
“Two deals in Southern and Central Africa will give Equity Group, which has more than 14 million customers, access to 2 million more,”
Equity Bank also opened a representative office in Ethiopia, becoming one of the biggest banks with regard to customer penetration in Eastern and Central Africa.
Welcoming the award, Mwangi said that he is honoured to feature alongside 50 brilliant minds adding that he will not relent pursuing his ambition of ensuring financial inclusion of the majority of the African people.
“I am honored to be part of this incredible group of people, who are changing the world in significant ways and driving their important messages home, with commitment and passion,” said Dr. Mwangi.
“The group’s innovative and competitive products are tailored to empower our consumers, businesses and communities whilst also delivering significant value to its stakeholders.” He added
The Bloomberg 50 represents the most influential thought leaders in business who merit recognition and applause for their achievements in the business scene.
It highlights inspirational innovators, entrepreneurs, and leaders who are changing the game in quantifiable ways – from finance to fashion, entertainment to manufacturing, biotech, philanthropy and many other disciplines.
Each year, The Bloomberg 50 honourees are celebrated in a special issue of Bloomberg Businessweek across all the publisher’s platforms.
Dr Mwangi’s Decorated Accolade Cabinet
Dr. Mwangi has over the years been recognized locally and globally for his contribution to the socio-economic transformation of the people of Africa.
He was named by the Financial Times as one of the top 50 thought leaders in emerging markets and among the top 20 most influential people in Africa.
In 2012, he was awarded as the 2012 Ernst & Young World Entrepreneur of the Year.
The Africa Investor Awards named him Africa CEO of the Year in 2009 and 2015, and then as Innovation Leader of the Year in 2012. The African Banker named him African Banker of the year in 2010, 2011 and 2018.
He is also the inaugural winner of the African Leader of the Year by the African Leadership Network and the Forbes Person of the Year 2012. He was named the Banker of the Year during the 4th Banker Africa – East Africa Awards 2017 and 2018.
Back home, Dr. Mwangi has been vested with the First-Class Chief of the Order of the Burning Spear (CBS) national decoration-the highest presidential award to a civilian, for outstanding contribution in economic development. He has also been awarded the Moran of the Burning Spear (MBS) and Head of State Commendation (HSC).
Singer speaks after attacking lover at WCB signee Zuchu’s star-studded concert
56 minutes ago
On 18 July, there was fanfare at the Mlimani City Hall in Dar es Salaam as WCB signee Zuchu held a thanksgiving concert months after her debut EP, I Am Zuchu. The event dubbed ‘Ahsante Nashukuru’ mainly featured performances by artistes from the WCB stable and attracted the whos-who in the Tanzanian entertainment and political scenes.
However, singer Gigy Money who also performed made the headlines for the wrong reasons after getting into a scuffle with her lover during the much-publicised concert.
READ ALSO: I was bewitched by a friend – Gigy Money
Peaceful arrival, later chaos
Moments earlier, Gigy and her Nigerian man were seen arriving arm in arm at the event whose highlight featured Zuchu receiving a brand new car from WCB head honcho Diamond Platnumz. Donning matching outfits, the couple was spotted on the red carpet as the paparazzi scrambled to capture the moment. However, all hell breaks loose later and viral videos depict the visibly angered Nigerian arguing with a bouncer at the entrance. After a tense confrontation, Gigy’s man is seen being led by the screaming bouncer towards the exit. Shortly after, a similarly irritated Gigy emerges and follows the pair.
“Gigy! Wewe Gigy wewe!” a woman in the background is heard dissuading the singer from pursuing them but the singer pays no heed and heads for the pair.
“You want to beat me?” the boyfriend is heard asking an approaching Gigy as the bouncer acts as a barrier between them. The bouncer manages to steer the incensed man towards the exit as Gigy follows behind, hurling obscenities.
At some point, a barefoot Gigy turns into a sprint before throwing one of her shoes which hits the man who then responds with an insult. Another bouncer finally intervenes and the two are separated. Gigy then asks for her vehicle so she can head home before warning the press against sharing videos of the incident.
Though the cause of their tiff is still unknown Gigy later made reference to the shocking incident in a social media post, hinting that alcohol had a part to play in the fracas. In another post, Gigy shared a photo alongside her estranged lover writing: “My mad man looked handsome before his demons arose and mine arose too.”
‘Running over Ali Kiba’
Gigy is not new controversy and recently said she’d run over her ex, singer Ali Kiba for breaking her heart.
“I will knock all of them down, I mean I will kill them. In fact, I will flatten them like chapatis. The first person I will knock down and kill is Ali Kiba. Actually, I don’t need a weak car, I need a Fuso so that when I knock him down I will be sure he doesn’t survive,” Gigy told Ayo TV.
Dating Kiba brothers
Gigy had in the past admitted to dating both Ali Kiba and his younger brother, Abdu Kiba. She solely laid the blame on Chekecha singer for pursuing her despite knowing that she’d been with his younger brother. Abdu expressed being heartbroken after learning the two had a fling, prompting him to marry.
“I was very hurt on hearing that Ali was dating Gigy Money because I dated her first before she became famous. But it’s alleged that Ali didn’t know. It hurt me for a while till when I married,” said Abdu.
Defunct Nairobi County Council Nurses Go On Strike, Citing Discrimination By The Government
Why Jahmby Kokai is happy her TV anchor dream never came true
37 minutes ago
Popular media personality Jahmby Koikai narrated how her first attempt at auditioning as a TV host backfired and she was sent home on the first day of the audition. Reliving her prime days, Jahmby narrated how she was determined to follow her dream of becoming a news anchor after completing her degree.
“There was a reality show that was running on one major TV channel here in Kenya, searching for the next top news anchor. I’ve always had the knack for news. At the time, I was working at Metro FM. Walked to my boss and asked him if he was ok with me participating in this competition. He agreed to it.
“Auditions were at Film Studios. The queue stretched all the way to the showground. I was at the back kabisa. Imagine 300 people before you. Then we got the briefing paper and it indicated, ‘no persons with experience in a media house allowed to participate in this audition’. Mimi Jahmby Koikai, nirudi home after watu 300 kukuwa mbele yangu?” she posed.
According to the endometriosis survivor, she went ahead to audition for the position despite the warning and was the first contestant to be sent packing.
“So I stayed in line until I got to the audition room. The judges were a few people I was in campus with. I felt a wave of despair. Like I’m here auditioning, yet my classmates will be judging me? I did my thing and I was considered. We got into the house and we were assigned to different groups. I was the group leader and we won the challenge. Later that evening, we were driven back to Film Studios for a briefing. The presenter of the show said some of us have to go home.
“My name was called out first amongst other great people. We were dropped home. I cried. It felt like I’d lost such a great opportunity. My mom and late grandma were so sad cos they loved to watch me do the news,” she narrated.
Later, Jahmby auditioned for another TV opportunity only to miss out as well.
“Then came another opportunity over 10 years ago, I saw a TV ad and decided to apply for the news anchor position. I didn’t get the job.”
However, due to endometriosis, Jahmby was forced to put her dreams on hold and concentrate on getting better. According to her, it is as though God had better plans for her and is grateful to not have gotten the jobs.
“I battled severe endometriosis in silence for over 19 years. I think of how engaging the newsroom is and I’m grateful I wasn’t in that space. I’d have utilized all my sick-leaves and off-days and just declared redundant.”
There was a reality show that was running on one major TV channel here in Kenya, searching for the next top news anchor. I’ve always had the knack for news. At the time, I was working at Metro Fm. Walked to my boss and asked him if he was ok with me participating in this competition. He agreed to it. Auditions were at Film Studios. The queue stretched all the way to the showground. I was at the back kabisa. Imagine 300 people before you. Then we got the briefing paper and it indicated, ‘no persons with experience in a media house allowed to participate in this audition’. Mimi Jahmby Koikai, nirudi home after watu 300 kukuwa mbele yangu? Nikasema zi. So I stayed in line until I got to the audition room. The judges were a few people I was in campus with. I felt a wave of despair. Like I’m here auditioning, yet my classmates will be judging me? I did my thing and I was considered. We got into the house and we were assigned to different groups. I was the group leader and we won the challenge. Later that evening, we were driven back to Film Studios for a briefing. The presenter of the show said, some of us have to go home. My name was called out first amongst other great people. We were dropped home. I cried. It felt like I’d lost such a great opportunity. My mom and late grandma were so sad cos they loved to watch me do the news. Then came another opportunity over 10years ago, I saw a TV ad and decided to apply for the news anchor position. As you see in this pic, I got my hair done at Ralph’s Hair Salon, new suit etc. I didn’t get the job. After KBC, I never got to anchor the news again. I’m grateful I did not get the job even though I felt dejected at the time. I battled severe Endometriosis in silence for over 19years. I think of how engaging the newsroom is and I’m grateful I wasn’t in that space. I’d have utilised all my sick-leaves and off-days and just declared redundant. There are many people like me who are bound by chronic illness and cannot do the things they love. I share your pain. But there’s hope. I’m grateful to God for His reminder that He will restore to you all the years that the locusts have eaten. Also Jer 29:11