Equity Group hires 410 new employees in three-months to June
NAIROBI, Kenya, Aug 27 – Equity Group Holdings added 410 employees in the three months to June this year, with its Democratic Republic of Congo (DRC) operations accounting for more…
Equity Group Holdings, a Kenyan financial services company, added 410 new employees between March and June 2026, with the Democratic Republic of Congo (DRC) region contributing the most to the hiring surge. The group's workforce increased to 14,265 by June, up from 13,855 in March, marking a 410-employee rise in the quarter. The DRC's workforce expanded to 3,560 employees, accounting for 253 of the 410 new positions, even though the number of branches in the country remained unchanged at 81. Kenya, Equity's largest market, added 34 employees, bringing its total to 7,505.
The employee increase signifies a renewed hiring drive after a period of workforce reductions in 2025. Over the past year, Equity's total staff numbers rose by 1,352, reaching 14,265 as of June 2026. Digital transformation is a key driver behind the hiring, as the company shifts a growing proportion of its banking activities to digital channels.
A staggering 98.3% of transactions are now conducted outside branches, with 89.7% processed through digital platforms. Despite this increased reliance on technology, staff costs rose by 35% to Sh23.8 billion in the period, coinciding with a 32% surge in net profit to Sh43.7 billion for the six months ending June 2026.
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