Equity has always been a bank started by a corporate thug and will end up failing because once the leader is a thief everyone becomes a thief by association
Equity grew organically from a sacco to a regional bank. They have tried to set an example of hard work pays. Of course at $1B stockworth it's no Softbank but give credit where it's due.
What Mwafrika needs is good role models. Business models. Equity has beat Safaricom by expanding regionally Rwanda, Sudan, DRC. Safcom is only in Ethiopia and done little with their piles of cash.