President Ruto Taken to Court as Group Want His Latest Move Declared Illegal
President William Ruto's Hustlers Fund platform is on the verge of being forked out of Kenya Kwanza government's agendas as a civil society group has taken a bold move which seems to be a stumbling block for Kenya Kwanza to fully meet their campaign promises. According to a publication done by Wednesday's Standard, a civil society group led by professor Fred Ogolla wants Kenya Kwanza's Hustlers Fund initiative declared illegal by court having already filed a petition in Milimani high court.
"Ruto Mungu Akubariki" MC Jessy Says Flaunting His Huge Hustlers Fund Allocation, Mpesa Balance
Many Kenyans have been complaining about their Hustlers Fund limit ever since the cheap loan scheme was launched by President William Ruto. According to many Kenyans who have accessed the Hustlers Fund, their limits range from Sh600 to Sh1900, an amount many says can barely open a business.
You Have Received Ksh10,000 From Hustler Fund- MC Jessy Shares a Screenshot of Mpesa
Since President William Ruto launched the cheap loan scheme, many Kenyans have been complaining about their Hustlers Fund limit. Many Kenyans who have used the Hustlers Fund say that their limits range from Sh600 to Sh1900, which many say is not enough to start a business. On the other hand, comedian MC Jessy appears to be one of the fortunate Kenyans whose limits are a little bit higher.
What Might Happen If You Fail To Pay Hustler Fund
Hustlers Fund will make loans to Kenyans at a daily interest rate of 0.002% or 8% pro-rated on amounts ranging from Ksh. 500 to Ksh. 50,000.However, the Hustler Fund includes payback restrictions, and if the client defaults, they will face fines, just like other credit programs.
Government Reveals Percentage Of Kenyans Who Have Failed To Pay Hustler Fund On Time.
The newly elected Kenya kwanza Government had earlier launched a loan giving project known as Hustlers Fund to ensure small scale traders could be given small amount of money to boost businesses. It is however not a pleasing situation as a bigger percentage of people seem to have defaulted the payment.
Bad News To President Ruto As Govt is Taken To Court Over The Hustler Fund Loans.
On December 8, a lawsuit regarding the constitutionality of the Hustlers Fund was filed against President William Ruto's administration. A civic society group is opposing the operationalization of the Hustlers Fund Loans, claiming that the required rules were not in place to make them a reality.
Kenyans React As List of Businesses That Reopened in 2022 After Closure by KRA
Hundreds of Kenyans resumed their jobs after over 20 companies that were closed by KRA were reopened in 2022.Among them were Africa Spirits owned by billionaire businessman Humphrey Kariuki and Tabitha Karanja's Keroche Breweries Ltd. "The issue of closing factories for taxpayers who are suffering is a thing of the past because it is foolish," DP Rigathi Gachagua said.
"Ruto Mungu Akubariki" MC Jessy Says Flaunting His Huge Hustlers Fund Allocation, Mpesa Balance
Since President William Ruto launched the cheap loan scheme, many Kenyans have been complaining about their Hustlers Fund limit. Many Kenyans who have used the Hustlers Fund say that their limits range from Sh600 to Sh1900, which many say is not enough to start a business. On the other hand, comedian MC Jessy appears to be one of the fortunate Kenyans whose limits are a little bit higher.
Fearless Kalonzo Defends Raila, Claims August Election Was Unfair as He Emphasis on Manual Voting
(Photo, Wiper Party Leader Kalonzo Musyoka) The Wiper Party leader Kalonzo Musyoka has disclosed his political view regarding the August elections.Kalonzo was among the Azimio la Umoja stakeholders who supported Raila's presidential bid during the August general elections.While speaking live at TV47 interview this evening, Kalonzo has revealed that the August general election was not just.Indeed Kalonzo claims that president William Ruto did not defeat Raila Odinga.
UDA's Cherargei Faults Infotrak's Rating On Ruto's Performance, Alleges His Current Percentage
Nandi County senator Samson Cherargei has dismissed Research firm Infotrak over their latest ratings on president William Ruto's performance since he took over the presidency from former president Uhuru Kenyatta. Taking to his official social media pages, the vocal united Democratic Alliance party senator claimed that the firm is ever biased adding that they did not even believe that Ruto could become the next head of state after Uhuru Kenyatta.
Hustler Fund: Why Hustler Fund Initiative Might Collapse Soon
Recent details from Safaricom M-pesa have emerged indicating that around 42% of Kenyans who applied for the hustler fund are yet to repay their dues after the 14 day repayment period. Ruto's administration may yet be confronted with a crisis in managing the fifty billion hustler fund that the new administration has set aside.
Kenyans React After Oparanya Was Spotted At Rally With Raila Days After He Said He Is Done With Him
Raila Odinga today was at Kamukunji grounds Nairobi to officially open the mass action that he is willing to go with it until the president William Ruto meets the demands Azimio has stated today. Azimio led by Raila wants Ruto to reinstate the Four resigned IEBC commissioners, wants the cost of living to go down, they have asked Kenyans not to pay Hustlers Fund debts saying 500 shillings is too small amount to start business.
DP Gachagua Message To Kenyans About The Campaigns Promises
Photo courtesy is used to report the news. The Kenya Kwanza Alliance government is expected to serve the citizens of Kenya for the next five years until 2027 when Kenyans will decide. During the Campaigns period, that is, before the August general elections, the Kenya Kwanza Alliance brigade led by the fifth president of Kenya, His Excellency William Ruto, had a lot of promises that they promised to Kenyans.
Good News To All Kenyans As President Ruto Is Set To Launch Another Loan After Hustler Fund
A few weeks after President William Ruto introduced Hustlers Fund, a program that allows Kenyans to obtain low-cost loans from the government, the president is getting ready to provide further loans aimed at the country's small business owners. Simon Chelugui, the cabinet secretary for cooperative, micro, small, and medium companies, stated that the loan's future is still being developed, but he pledged to make sure that it will be granted smoothly.
Ruto Hits Out At Hustlers Funds Critics, Sends A Powerful Message To Kenyans
Jamhuri Day festivities taking place at Nyayo Stadium today, President William Ruto photo courtesy. The opposition politicians who criticize President William Ruto's Hustlers Funds, which are already being used by Kenyans, have been confronted. The president questioned why opposition MPs are opposed to the plan if they have access to better loans as he spoke at Nyayo Stadium during Jamhuri Day celebrations.
"Which Businesses Can This Hustlers Fund Run?" See How Ruto Responded To This Question
Speaking during his first interview the kenyan joint media session, after succeeding Uhuru in September last year, his excellency president William Ruto touched on various sectors that included health, education and the economic situation. Regarding on the Hustlers Fund which he had launched in the support of small businesses as he had promised during the campaigns, the head of state explained into depth, saying that they fund has been anchored in law and in the coming days he will upscale it.
President Ruto Issues This Major Announcement About The Hustlers Fund
"Today we celebrate this Jamhuri Day Celebrations in a different way, we have made it deliberately and intentionally to be different from other public celebrations" president Ruto said saying that this Jamhuri Day Celebrations has been made different from other celebration because it is going be base on internet because of the following statements from kenyans;
UDAs Cherargei Faults Infotrak's Rating On Ruto's Performance, Alleges His Current Percentage
Nandi County senator Samson Cherargei has dismissed Research firm Infotrak over their latest ratings on president William Ruto's performance since he took over the presidency from former president Uhuru Kenyatta.The outspoken senator from the United Democratic Alliance party said on his official social media accounts that the company was always biased and that they did not even think that Ruto could succeed Uhuru Kenyatta as the future head of state.
Good News As President Ruto Is Expected To Launch Loans For Small Businesses
A few weeks after President William Ruto introduced Hustlers Fund, a program that allows Kenyans to obtain low-cost loans from the government, the president is getting ready to provide further loans aimed at the country's small business owners. Simon Chelugui, the cabinet secretary for cooperative, micro, small, and medium companies, stated that the loan's future is still being developed, but he pledged to make sure that it will be granted smoothly.
Deputy President Rigathi Gachagua Promise About UDA Manifestos
Kenyans are expected to make a decision in 2027, after which the Kenya Kwanza Alliance is expected to run the government for the next five years. The Kenya Kwanza Alliance brigade, led by His Excellency William Ruto, the nation's fifth president, prior to the August general elections, made a lot of promises to Kenyans during the election season.