Safaricom CEO Peter Ndegwa (left) and the Airtel logo COURTESY

Pressure Mounts On Safaricom As Airtel Money Separates From Airtel Network

Many are calling for separation of Safaricom and Mpesa to enable better customer service as well as increase regulation by the CBK.

By Fridah Wangechi | 7 months ago

Nandi Senator Samson Cherargei and lawyer Ahmednasir Abdullahi COURTESY

Big Names Protest After Sim Cards Are Deactivated

CAK on April 14 bowed to pressure and extended the SIM registration deadline to October 15, 2022, 

By Fridah Wangechi | 7 months ago

President William Ruto during the launch of the Hustler Fund on Wednesday, November 30 COURTESY

Kenya Kwanza Administration Launches Hustler Fund to Assist Lower Income Earners with Low Interest Loans

The Hustler Fund, launched by the Kenya Kwanza administration, aims to uplift lower income earners through affordable loans. Kenyans with Small and Medium-sized Enterprises who have been blacklisted by Credit Reference Bureaus can access the fund through mobile network operators in Kenya with loan amounts ranging from Ksh.500 to Ksh.50,000 at a low interest rate of 8% per annum. To apply, individuals must be Kenyan citizens over 18 years of age with a valid national identification card, registered mobile number, mobile money account, and SIM card in use for over 90 days. After loan approval, 95% of the amount will be received by the loanee with the remaining 5% divided into long and short-term savings.

By Fridah Wangechi | 5 months ago

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