Light Moment as Ruto Pockets Money Found Lost at Embu Meeting, Reveals What he will Do with it
A light moment was today witnessed during President William Ruto's meeting at Embu University as the president was forced to pocket money that was found at the meeting. The president was on stage during the meeting with the SMEs, Cooperatives and Revenue Expo at the Embu University when a man walked towards him and handed over a note of Ksh.
"Sorry Hustlers, Ruto Won't Come Down Like Zacchaeus" R/Valley Lawyer Makes U-turn On Ruto's KK Govt
President William Ruto underlined his steadfast stance on Saturday during the funeral of the widowed independence fighter Dedan Kimathi. He said that the Finance Bill 2023 will be tabled to the National Assembly in its current form. The Bill has drawn harsh criticism because it burdens mwananchi. The Bill modifies a number of tax regulations in an effort to boost the amount of money that can be collected for the government.
Kingdom Bank: Empowering SMEs and Driving Economic Growth in Kenya
In recent years, Kingdom Bank has been gaining significant attention and recognition as a leading financial institution catering to the needs of Small and Medium Enterprises (SMEs) in Kenya. With its customer-centric approach, innovative product offerings, and commitment to fostering entrepreneurial growth, Kingdom Bank has become a preferred choice for SMEs seeking reliable financial solutions.
Bad News to Business Owners In Kenya as CS Kuria Announces Upcoming Changes
The CS Trade and Investment Moses Kuria has delivered bad news to business of owners in Kenya. He is clear that all businesses including shops must be registered with the National Chamber of Commerce. To register a business, Sole proprietors will pay Ksh 1000, Joint Ventures will pay Ksh 5000 while SMEs will pay Ksh 15000 as registration fees.
"Sorry Hustlers, Ruto Won't Come Down Like Zacchaeus" R/Valley Lawyer Makes U-turn On Ruto's KK Govt
At the widowed freedom fighter Dedan Kimathi's funeral on Saturday, President William Ruto emphasized his unwavering position. He declared that the current version of the Finance Bill 2023 will be presented to the National Assembly. The Bill is burdensome for mwananchi, which has led to strong criticism.
NHIF To Reward Kenyans Who Save
President//during church service//Photo editor;operanews President RUTO is not shy of publicly professing his faith and has been vocal on issues like gay rights and abortion, which are likely to come up during his tenure. Ruto promised the speedy establishment of the Ksh 50 billion Hustlers Fund.
JUST IN: Government Declares Ksh10M Penalty to All Kenyans Who Will be Caught Doing The Following
Photo courtesy of Kenya's Head of State Dr William Samoei Ruto. The Kenyan government has today the 18th day of November 2022 broken silence with a declaration of an hefty amount of penalty to Kenyans citizens. The Kenyan government has articulated that all kenyan citizens caught embezzling and misappropriating the imminent Hustler Fund once they are rolled out by the Head of State Dr William Samoei Ruto will be liable to a penalty amounting to Ksh 10 Million.
Itumbi Allegedly Slams Veteran Journalist For Misreporting About Hustler Fund
The communication strategist Dennis Itumbi has slammed veteran citizen TV journalist for misreporting about the release of hustler after it's launch today at Green Park. According to the video clip, swaleh Mdoe allegedly reported that during the launch of the hustler fund with president Ruto today, a section of Kenyans are going to receive the fund first to test if it's working for the benefit of all kenyans and that's how Dennis Itumbi allegedly slammed his reporting skills saying that it's all kenyans who are set to receive the fund with immediate effect.
Kenyans To Access Loans Of Up To Sh50,000 Through The Hustlers’ Fund
Kenyans will be able to obtain loans ranging from Sh500 to Sh50,000 through the hustler fund at an annual interest rate of 8%. According to a Statehouse dispatch, the fund's loan limits will be determined by a borrower's credit score. The Sh50 billion fund is part of President William Ruto's plan to boost small and medium-sized enterprises (SMEs) from the ground up.
Senator Allan Chesang Sensitises SME Owners, women and youth on opportunities in Trans Nzoia County
Trans Nzoia County Senator Hon Allan Chesang has today spend time to sensitise the SME on opportunities and support in Trans Nzoia County. Senator Allan Chesang says that SMEs are at the heart of both economic development and Post-Covid economic recovery strategy having been most affected. This made him to use his time to educate the SME owners, women and youth in Trans Nzoia County on opportunities and support that the County government is availing to them.
Uproar As Kenyans Discover One Strange Thing About Hustler Fund That Will Scare Away Many People
In an effort to aid low-income individuals in expanding their businesses and promote a culture of saving, President William Ruto's administration unveiled a Ksh50 billion initiative on November 30 called the Hustler Fund Kitty. The Hustler Fund offers four distinct types of loans: individual loans, microloans, loans to medium and small businesses, and capital for new ventures.
Safaricom, NCBA bank and KCB to form a loaning schemes for small and medium enterprises.
Speaking on wednesday, President William Ruto directed goverment to see his proposals are affected. He said the treasury cabinet and ICT cabinet will work with them in the financial fin-tech and to focus on credit for small,micro and medium enterprises. He emphasized on it as the largest opportunity that employ almost 80% of the Kenyan populaton and yet they are being constrained by access to credit.
Analyst Reveals How Hustlers Fund Is A Usual Money To Kenyans And Has Been Given Different Name
According to the manifestations of the head of the fifth administration Dr William Samoei Ruto the president and his deputy president Rigathi Gachagua, the money has been set aside to aid in the development of SMEs and other groups of members. Kenyans have waited longer for the launching of the hustlers fund that they believe to borrow in assistance to run some of the activities.
CS Simon Chelugui Reveals Millions Kenyans Had Borrowed From Hustler Fund by Thursday Morning
Barely 24 hours after President William Ruto launched the Hustler Fund, a total of Sh408 million has been disbursed. Co-operative and SMEs Cabinet Secretary Simon Chelugui has said some 1.14 million Kenyans have also fully registered for the Hustler Fund that was launched on Wednesday. Earlier, it has emerged that the system had been flocked by Kenyans who were trying to access the funds even before it could be fully be accessed through some network providers.
How to apply for Hustlers Fund.
Today is the day which the hustlers across the nations were eagerly waiting for the launch of the hustlers fund.Surprisingly the fund shall be accessible on the contract of an interest rate of 8.5 per cent per annum. Cabinet secretary for cooperatives and SMEs development Simon chelugui has confirmed that the platform will be accessible by all kenyans and that they won't require registration to access it.According to the cabinet secretary Simon,the borrowers will use an SMS short code that will lead them to a certain menu,leading all the way to the application of the loan.In addition,he urge all members of the public to disregard all forms of communications inviting them to register for funds on website or via a phone number.The cabinet secretary confirmed that begining tomorrow,Thursday December 1,2022,kenyans will access the Hustlers Fund by *254# across all networks and kenyans will be required to have only their phone number to access the loan.
Ruto Clarifies on Hustler Fund
Today he clarifies issues concerning Today Ruto clarified how hustler funds will be given.Hustler Fund will be clustered into 3 products: 1. Individual Borrowing (Ksh 500 - Ksh 50,000) 2. Group Borrowing (Ksh 50,000 - Ksh 250,000) 3. SMEs and Cooperative Borrowing.
CS Chelugui Reveals Hustler Fund Worth Ksh408M Has Been Borrowed in the Last 24 Hours
Kenya is a sovereign state that is currently under the leadership of president William Ruto who is also the leader of Kenya Kwanza Alliance. Yesterday, president William Ruto launched the Hustler Funds loan in Nairobi an event that was attended by other government leaders. This morning, Co-operatives and SMEs Development cabinet secretary Simon Chelugui has revealed that in the last twenty four hours, over 1.14 million Kenyans have borrowed Ksh 408 million from hustler fund loan.
Co-Operatives Cabinet CS Nominee Simon Chelugui Reveals Ksh.993 Million Net Worth
Co-operative and SMEs Cabinet Secretary (CS) nominee Simon Chelugui has an estimated net worth of Ksh.993 million. Speaking before the National Assembly's Committee on Appointments on Saturday, the former Labour and Social Protection CS noted that he had accrued the wealth by investing in a dairy plant, rental properties and agriculture
"You Are Out Of Order" Wetangula To Caleb Amisi After He Asked CS Nominee Chelugui This Question
Vetting of President William Ruto cabinet Secretary nominees enters its last day with those appearing before parliamentary vetting committee being, CS nominees, Co-operative and Small Medium Enterprise (SMEs) Simon Chelugui. Now, in a video link that has surfaced online, Saboti Member of Parliament, Hon Caleb Amisi is heard asking Hon Chelugui to explain to the committee how he found himself in Ruto's list of Cabinet, against others who missed in list from Uhuru's administration.
Cash withdrawal limit: 5 ways the new CBN policy will affect SMEs in 2023, according to an expert
Eduofon Japhet, MD of HabariPay, examines how the Central Bank of Nigeria's (CBN) cash withdrawal limitation legislation may affect the country's financial climate in this exclusive article. The Central Bank of Nigeria (CBN) has established a new cash withdrawal policy to aid in the acceleration of cashless transactions over the coming year.