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POLITICS

Man Fired by 2NK Sacco For Reporting Drunk Students Starts New Job

About 3 months ago, a Matatu driver caught the attention of many Kenyans after he was fired by the sacco he was working with. John Muthoni was fired by 2NK sacco for reporting students who were abusing drugs at Sagana police station. This action angered Kenyans, where some wanted a legal action to be taken against the Matatu sacco.

  4 days ago ago
Man Fired by 2NK Sacco For Reporting Drunk Students Starts New Job

OTHERS

TSC to Restrict Change of Paypoint as Guarantors Decry of Loan Recovery for Eloped Teachers

The application process for the unsecured instant sacco loans for teachers has always required the applicants to look for a minimum of four guarantors, who should also be the members of the same sacco, and their salaries pass through the FOSA(Front Office Service Activity) account.

  3 days ago ago
TSC to Restrict Change of Paypoint as Guarantors Decry of Loan Recovery for Eloped Teachers

SOCIETY

Bad News to Kenyans Who Have Invested in Saccos After Details Reveal How They May Lose Their Millions

It has emerged that more than half of the country's Savings and Credit Co-operatives (Saccos) have not implemented strategies to protect their clients' confidential information. This has been revealed despite the fact that some of them had their systems disrupted and some hacked by criminals during the COVID-19 pandemic period in the country.

  10 days ago ago
Bad News to Kenyans Who Have Invested in Saccos After Details Reveal How They May Lose Their Millions

ECONOMY-FINANCE

The amount of money that you need to start a Matatu business in Kenya

The easiest way to become a millionaire in Kenya is by starting a business. Most people love the public transportation business because it has tons of customers. In the public transportation sector, one can venture into motorcycle business, matatu business or taxi business. However, most people tend to avoid the taxi and motorcycle business as they are less profitable due to increased regulators and high competition.

  4 days ago ago
The amount of money that you need to start a Matatu business in Kenya

OTHERS

2NK Matatu Driver Who Reported Drunk Students Lands Lucrative Job in Nyeri County

A few months ago, while students were closing school, a brave matatu driver was having none of the activities that some students were engaging in in the backseat of his matatu. Picture courtesy. Image of the 2NK Sacco Matatu driver. The 2NK matatu driver, noticed that the students were drinking alcohol and smoking bhang and after orders from him to desist, the students went on about their business and this is when he decided to drive straight for the police station. Instead of being treated like the hero he

  3 days ago ago
2NK Matatu Driver Who Reported Drunk Students Lands Lucrative Job in Nyeri County

OTHERS

New Twist as Driver Fired For Reporting Bhang Smoking Students Now Sues 2NK For 1.9 Million

A matutu driver allegedly sacked by a Nyeri-based Sacco for reporting misbehaving students to the police has sued his former employer seeking Sh1.9 million for wrongful dismissal. The students, John Muthoni had been assigned to ferry from Karatina to Ruai in November last year, were allegedly smoking bhang and drinking alcohol in his matatu. In another case he filed at the chief magistrate's court, Muthoni also wants 2NK Sacco ordered to pay him damages for alleged defamation. In the case he filed at the Employment

  10 days ago ago
New Twist as Driver Fired For Reporting Bhang Smoking Students Now Sues 2NK For 1.9 Million

POLITICS

Today's Newspapers Headlines: Savings In Saccos Not Safe, BBI Showdown Begins At The Supreme Court

Show down looms as BBI case begins. All eyes will be on tge Supreme Court on whether it will change high court and court of appeal Verdict on the BBI case. President Kenyatta and his allies all are set to challange controversial rulings that stopped their push for constitutional renewal, case will have far reaching implications whichever way judges rules.

  7 days ago ago
Today's Newspapers Headlines: Savings In Saccos Not Safe, BBI Showdown Begins At The Supreme Court

SOCIETY

The Huge Amount Of Money Fired 2NK Driver Sues Employer In Court

On December holiday last year 2021 a driver from 2NK Sacco was fired by his employee after he report students who were using bhang his vehicle while he was driving them.photo Courtesy Later the driver secured a job at Nyeri County government after meeting with his governor. John Maina has currently sued his employer to get paid after the Sacco fired him.

  10 days ago ago
The Huge Amount Of Money Fired 2NK Driver Sues Employer In Court

PERSONAL-INVESTING

The difference between Bank Loan and Sacco loan.

Loan is the amount of money that you borrow from a lending institution then you pay later. The lending institution breaks down your repayment period over a certain period of time. People take loans for various reasons. Either you want to start a business, buy a property, pay for bills etc.

  12 days ago ago
The difference between Bank Loan and Sacco loan.

PERSONAL-INVESTING

The good side of being a Sacco member in kenya

SACCOs, savings and credit co-operative organizations have grown tremendously over the past few years. SACCOs are surely a best way to save your money which in turn promises security for your money. Not only employed people can save through SACCOs but also business people. Inshort anyone can save in a SACCO.

  7 days ago ago
The good side of being a Sacco member in kenya

CAREER-JOBS

Mungu Amemupanguza Machozi, 2NK Driver Finally Lands New Job

About 3 months ago, a Matatu driver caught the attention of many Kenyans after he was fired by the sacco he was working with. John Muthoni was fired by 2NK sacco for reporting students who were abusing drugs at Sagana police station. This activity rankled Kenyans, where some needed a legitimate move to be made against the Matatu sacco.

  4 days ago ago
Mungu Amemupanguza Machozi, 2NK Driver Finally Lands New Job

SOCIETY

Kukena Sacco Matatu Driver Hailed for Adhering to Traffic Rule & not Arrogantly Overlapping

The Kukena Sacco matatu driver maintaining on his lane rather than overlapping (Photo Courtesy: Twitter) Several drivers most especially personal cars and passenger service vehicles are in rush to take children back to school which has caused major traffic on busy roads. However, some drivers have adhered and maintained the traffic rules which is helping clear out traffic.

  19 days ago ago
Kukena Sacco Matatu Driver Hailed for Adhering to Traffic Rule & not Arrogantly Overlapping

EDUCATION

Teachers Don't Know How To Manage Money, TSC Now Says After Partnership With Solution Sacco

The teachers service commission has now revealed that teachers in the country don't know how to manage funds. The commission said several teachers have been interdicted due to their behavior after taking loans. They usually fail to service them and therefore desert duty for almost a month The commission teamed up with the solution Sacco to educate teachers on financial management skills.

  2 days ago ago
Teachers Don't Know How To Manage Money, TSC Now Says After Partnership With Solution Sacco

OTHERS

Happening Now: Scores Injured after a Molo line Matatu gets Involved in accident with lorry (Photos)

The grisly road accident involving a Molo line Sacco matatu (Photo Courtesy: Twitter) The busy highways and roads are becoming more dangerous because of how vehicles are getting involved in very nasty accidents that claim lives of innocent Kenyans. According to reliable reports, a fourteen seater matatu belonging to the Molo line Sacco got involved in a very nasty road accident with a lorry as it was heading to Nakuru. The reports claim that the matatu was knocked over by the lorry as the driver was driving

  18 days ago ago
Happening Now: Scores Injured after a Molo line Matatu gets Involved in accident with lorry (Photos)

BETTING

Three Biggest Sure Tips with High Odds to Bank On This Friday

Coast Stima vs Kisumu All Stars Coast Stima are on an unbeaten run of six home games in their Super League participation. Coast Stima have won their last four home games in Super League. Coast Stima have won by two plus goals their last three home Super League games.

  11 days ago ago
Three Biggest Sure Tips with High Odds to Bank On This Friday

EDUCATION

Teachers' Hope For Increased Dividends From Their Sacco Boosted As Spire Bank Is Set To Be Sold.

Mwalimu national sacco which is largely owned by secondary school teachers is one of the biggest Saccos in the country by asset base. Nevertheless, in the recent past the sacco hasn't been doing well following it's decision to venture into banking. The decision was made in 2015 when spire bank was acquired at a cost of Ksh 2.4 billion from Businesswoman Naushad merali.

  11 days ago ago
Teachers' Hope For Increased Dividends From Their Sacco Boosted As Spire Bank Is Set To Be Sold.

POLITICS

Push for a new bill to help SACCOs Send Loan Borrowers to CRBs

The government has republished the Sacco Societies (Amendment) Bill 2018 that seeks to compel Savings and Credit Co-operative Societies (Saccos) to share credit details with the Credit Reference Bureaus (CRBs). The move comes after the Court of Appeal, in November 2021, failed to overturn a High Court decision that nullified the Bill among other 20 Bills that had become law.

  14 days ago ago
Push for a new bill to help SACCOs Send Loan Borrowers to CRBs

ECONOMY-FINANCE

Loan Borrowers Dealt a Blow as Government Issues Fresh Demands to Sacco Operators

Most Kenyans who have aspired to develop have taken loans with either Banks, Saccos or microfinance. The outbreak of covid-19 in the country made the government to cushion Kenyans by delisting them for Credit reference bureaus for those with less than 5 millions for a period of upto September this year.

  14 days ago ago
Loan Borrowers Dealt a Blow as Government Issues Fresh Demands to Sacco Operators

OTHERS

Good news for Kenyans with loans; State Compel Saccos to Share Credit Information with CRBs

The Sacco Societies Amendment Bill has been republished by the government hence coercing savings and Credit Co-operative Societies (Saccos) to share information with credit reference bureaus .This after the court of appeal nullified the Sacco Societies (Amendment) Bill 2018, alongside 23 other laws for lack of participation by the Senate. Consequently,the Bill, originated from the National Assembly in October 2019, aligns the Sacco Societies Act 2008 with the Banking Act and the Microfinance Act 2008, bringing

  13 days ago ago
Good news for Kenyans with loans; State Compel Saccos to Share Credit Information with CRBs

SOCIETY

Kericho Family In Pain After A 2-Weeks Child Disappeared Mysteriously

The pain of losing a 2-weeks child still haunts a family in Kericho County and they are hoping that they will get their child back after reporting the case to the police officers who promised that they will investigate the issue. According to the mother of the child, she revealed that she was waiting to board a Wareng Sacco vehicle where a Bodaboda rider waved at her before the incident happened.

  3 months ago ago
Kericho Family In Pain After A 2-Weeks Child Disappeared Mysteriously