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SMART MONEY

Insurer to Pay Sh10,000 to Those Who Get Coronavirus

The extended cover benefits became effective for Prudential customers from April 1, 2020.

Cost of Living Set to Fall as Lower Taxes Become Effective

The new tax law, signed at State House Nairobi on 25th April, changes several statutes lowering various taxes.

Paxful in Partnership to Provide Free Blockchain Course in Africa

With rolling admission, anyone interested in learning about emerging technologies like the Blockchain can apply to learn free of charge.

Mwananchi Credit Defies COVID-19 Crisis to Keep Lending

Credit providers have tightened terms and conditions to lockout borrowers perceived to be high-risk, while others have suspended lending.

Jeff Koinange Set to Be Auctioned Over Mounting Debt

A notice published in the newspapers on 6th April 2020 says his two four-bedroom villas have been put up for auction over loan he owes a bank.

Trade-in Your Old Car For a New One and Get Financing

Under the arrangement, Mwananchi Credit pays the difference in price between old and new vehicles and the car owner repays in installments.

Mwananchi Credit Offers Interest-Free Loans to Cushion Kenyans Amid Covid-19 Fears

Existing customers servicing their loans will get rebates on repayment for one month, meaning they won’t pay interest for at least one month.

Relief for Loan Defaulters in Bank’s Stimulus Package

The fund will allow for higher borrowing limits for qualifying customers and extended repayment periods for existing facilities.
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