onlinecash, Author at onlinecash

MTN Group Sells Jumia Shares

November 5, 2020November 5, 2020 by onlinecash

MTN has sold all its stake in Jumia as an effort to streamline its portfolio and cut debt by disposing off non-core business. Proceeds from the sale valued at $142 million will be used to pay off debt. The Group announced the…

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Equity gets Sh10.8bn for lending to SMEs

October 6, 2020October 6, 2020 by onlinecash

Equity Group has signed a Sh10.8 billion ($100 million) loan agreement with French development institution Proparco for onward lending to small and medium-sized enterprises (SMEs). The bank’s chief executive James Mwangi said the funds would be deployed to help Kenyan enterprises alleviate…

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Google to Pay $1 Billion to News Publishers on Google News Showcase

October 6, 2020October 6, 2020 by onlinecash

Search Engine Giant Google has launched a $1 billion initiative to pay news publishers who create content on its new product, the Google News Showcase. The product will first appear on Google News for Android, offering rolling panels for partner publishers to…

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Bitcoin Trades higher After SEC Jay Clayton Commends Blockchain

October 6, 2020October 6, 2020 by onlinecash

The World Investor Week (WIW) 2020 has kicked off with capital markets regulators across the world educating and engaging the public on relevant investing topics. Amid this, Bitcoin prices rose higher on Monday as investors’ confidence in blockchain technology increased after comments…

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Listing Loan Defaulters with CRBs Resumes

October 2, 2020October 2, 2020 by onlinecash

Banks, Money Lending Apps and institutions will begin to forward names of loan defaulters to credit reference bureaus (CRBs) for blacklisting according to a statement from the Central Bank of Kenya. The financial regulator has opened the way for institutions to follow…

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Tecno Camon 16s! What to Expect

October 1, 2020 by onlinecash

We already have seen what Tecno Camon and Tecno Camon 16 Pro got to offer. In this space we take a look at what to expect on Tecno Camon 16s smartphone. Tecno Camon 16s is speculated to be launched in the country…

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Vivo V20 full specification and price

September 30, 2020September 30, 2020 by onlinecash

When the Vivo V20 Pro was announced in Thailand a little over a week ago, the Vivo V20 also tagged along. However, Vivo only revealed a few details, with the promise that the full spec sheet, pricing, and availability details will be revealed later. Vivo V20…

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Kenyatta Extends Business Relief Measures

September 30, 2020September 30, 2020 by onlinecash

President Uhuru Kenyatta directed the National Treasury to extend the business relief measures unveiled to cushion businesses and households from the economic downturn occasioned by the COVID19 pandemic. In a national address on Monday, Kenyatta extended the nationwide curfew for a further…

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How to Deposit Money to Cooperative Bank via Mpesa

September 30, 2020 by onlinecash

Co-operative Bank Paybill Co-operative Bank’s Lipa na M-Pesa paybill number is 400200 . How to Deposit from M-Pesa The Procedure for depositing money via M-Pesa to your Co-operative Bank account is as follows Go to M-Pesa menu on your phone, select “Lipa na M-Pesa” Select…

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Worry to Kenyans as CRB listing Resumes Wednesday: Loans defaults jumps

September 29, 2020 by onlinecash

The six-month freeze on listing loan defaulters with credit reference bureaus (CRBs) ends on Wednesday, paving the way for blacklisting of thousands of borrowers if the moratorium is not extended. The Central Bank of Kenya (CBK) announced the suspension of CRB listing…

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