Dr James Mwangi

For Dr. James Mwangi of Equity Bank, a challenging macroeconomic environment, currency devaluation, and a high-interest rate setting feel not only familiar but almost as if they had been foreseen. While Equity Bank’s stock has experienced a 21 percent decline to Kes36.05 per share during the current slump on the Nairobi Securities Exchange, which has earned it the unenviable title of the worst-performing exchange globally, its stock price remains one of the better-performing options. In contrast, close rival KCB has seen a 46.8 percent decrease in its share price, now standing at Kes20.95 per share, while Co-op has faced a 34 percent decline, with each