MONEY & FINANCE

The government will in two months’ time roll out cycle-8 of issuing funds to young people, under the Kenya Youth Employment Opportunities Project (KYEOP). Trade Principal Secretary Amb. Johnson Weru has said the programme targets to benefit more than 7, 000 youth drawn across the country, who have a prove of viable investment ideas. In […]

SACCO Loans Repayment Schemes, Interest rates- Wezesha Loans WEZESHA LOAN AT 13.5% YEARS 1 2 3 4 5 6 MONTHS 12 24 36 48 60 72 10,000 896 478 339 271 230 203 20,000 1,791 956 679 542 460 407 30,000 2,687 1,433 1,018 812 690 610 40,000 3,582 1,911 1,357 1,084 920 814 50,000

Bitcoin, the first cryptocurrency, emerged as a revolutionary digital currency that operates independently of a central bank. It introduced the world to blockchain technology—a decentralized ledger that records transactions across many computers. Meanwhile, WAX (Worldwide Asset eXchange) has carved out a niche in the blockchain space, focusing on the tokenization and exchange of virtual goods.

SACCO Loans Repayment Schemes, Interest rates- Development Loans. DEVELOPMENT LOAN AT 13.5% YEARS 1 2 3 4 MONTHS 12 24 36 48 10,000 896 478 339 271 20,000 1,791 956 679 542 30,000 2,687 1,433 1,018 812 40,000 3,582 1,911 1,357 1,083 50,000 4,478 2,389 1,697 1,354 60,000 5,373 2,867 2,036 1,625 70,000 6,269 3,344

The government has announced plans to channel the much awaited Hustler funds through the Cooperative SACCOs to facilitate sustainability and compliance to regulations set for the revolving kitty. Cooperatives and MSME development Cabinet Secretary Simon Chelugui said the SACCOs were expected to play a critical role in mobilizing Kenyans to embrace a saving culture and

Kenya’s economy is expected to register a 6 percent growth in 2024 powered by increased agricultural output and growth in the services sector, this is according to the Central Bank of Kenya (CBK). CBK Deputy Governor Dr Susan Koech said that CBK expects an economic growth of 5.5per cent in 2023 and close to 6.0

Kenyans have been cautioned to be wary of communication inviting people to register for the Hustler fund on websites and mobile phones. Cooperatives and Micro, Small and Medium Enterprises CS Simon Chelugui said members of the public should disregard all forms of communications as transactions will be done on a mobile phone. “There will be

Personal Finances tips; Some bad financial decisions: Avoid the following habits at all costs because they will put you in financial distress: 1. Taking a loan for a wedding. 2. Buying a vehicle you cannot afford to maintain. 3. Getting a loan on behalf of other people i.e for a partner or a family member