An Equity Bank branch. Two Tanzanian billionaires have bought seven million shares of Equity Group worth Ksh344 million ($3.4 million). FILE PHOTO | NATION
Tanzanian billionaires Aunali and Sajjad Rajabali have bought seven million shares of Equity Group worth Ksh344 million ($3.4 million), expanding their investment in Nairobi Securities Exchange-listed firms.
Their purchase of the bank’s stock is disclosed in the lender’s May regulatory filing of its ownership structure.
