Equity has given up its dream of becoming a Pan African bank until it can sort out its East African businesses. I recall JM saying he wanted 40% income from outside of Kenya by 2014, but now the target is to get 25% income from the Rwanda, S Sudan, TZ and Ug units. Are things that bad?
Btw, Helios has said it won't sell its shares after all as it sees some upside on current price...