Covid-19 Fight: Equity Bank CEO James Mwangi Donates Sh300 Million

Equity Bank CEO Dr. James Mwangi has donated Sh300 million towards Kenya’s response to the Covid-19 pandemic.

Mwangi said the amount will be used to acquire Personal Protective Equipment (PPE) for frontline workers dealing with Covid-19 patients in public hospitals.

Speaking on Wednesday, April 29th, Mwangi noted that his attention was drawn to a group of students and medics who were raising funds to buy PPEs for postgraduate students attached to Kenyatta National Hospital (KNH)

“When I shared the need with my family, a robust discussion revealed the urgency to holistically address the issue as it was not prudent to provide the PPEs to students without also focusing on the plight of the doctors, nurses, clinical officers, and medical staff,” said Mwangi.

His donation is part of Sh1.1 billion the Equity Group Foundation, with the support of MasterCard, has committed towards the fight against the Covid-19 pandemic. MasterCard will provide Sh500 million while Equity Foundation will contribute Sh300 million.

“We recognize that none of us can be safe as long as one of us is unsafe. We will endeavor to continue with our engagement and mobilization of our partners to extend our partnership towards the procurement of diagnostic kits. We believe that there is a chance for every Kenyan to get the support they require to overcome the COVID-19 infection,” added Mwangi.

Dr. Mwangi, a member of Kenya’s Covid-19 Emergency Fund Board, said a seven-member committee comprising medical professionals has been constituted to organize the task of coordinating and actualizing the initiative.

The team has been tasked to ensure public hospitals across the country are supplied with PPEs and provide a mental wellness support system for medical staff.

“We can overcome this global pandemic as a nation only in partnership with our Government, and by committing to our social contract where the Government and the Ministry of Health design the best medical policies and protocols, and we as citizens adhere to them faithfully. As a people, let us hold each other to account,” noted Mwangi.

Comments

Where are the other rich…

sokora (not verified) Thu, 04/30/2020 @ 09:40am

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Where are the other rich people in Kenya? Thank you Dr. Mwangi. Other rich need to wake up and help the common mwananchi who helps them become wealthy. Where are they?

As our leaders address Covid…

Anonymous UI (not verified) Thu, 04/30/2020 @ 09:44am

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As our leaders address Covid-19, they need to start discussing the issue of the Chinese in Kenya.
1. How many Chinese are in Kenya
at this time?
According to wikipedia there are 50,000 Chinese in Kenya. That means for every 1000 Kenyans there is a Chinese. This is occupation.
Our government needs to explain this occupation.
This is more of a problem than Covid-19. Kenyans wake up
In Zimbabwe 140 Chinese military entered disguised as medical experts.
Wake up Kenyans!!
Why are Kenyan businesses catching fire-Gikomba and other places.
Wake up- Watch YouTube about Zimbabwe.
Ask yourself what is happening in your country!!

Good! But also cut the…

Lucy (not verified) Thu, 04/30/2020 @ 09:56am

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Good! But also cut the commissions you are charging on the Bank exchange rate Kenyans in the diaspora are getting when they send money home to support needy families affected by coronavirus.

It does not make any logical sense for Equity Bank to give shs 93 while the world standard is shs 107 per each dollar.

A commission of shs 10.00 per dollar is surely a rip off. Mr Mwangi, Kenyans abroad work very hard for every penny they make. So we expect to be treated fairly by the banking institutions when charging us exchange commissions on the dollar we send home. Is this digital corruption directed to exchange rates and commissions? Me think you can do better!

You and Uhuru can work an effective regulatory policy to protect those sending money home.

And what is the cause for the delay in releasing the money we send to to Kenya? Are you using our money to invest for yourself before releasing it to our families?

Why should it take over a week to release the money?

Also your Equity staff is very rude in dealing with customers. They think they are the little “kings” working for the big king Mwangi.

Hence the customers do not matter or deserve to be treated with respect and courtesy! Come on Mwangi, I’m directly talking to you so we can fix the mess in your Bank!! Thank you!