Home Blog Page 102

KCB M-pesa Customers Can Now Top Up their Loans and Rollover Loan Repayment Period to Up to 60 days

Tuvuti Editorial Team
-
53
KCB M-pesa Customers Can Now Top Up their Loans and Rollover Loan Repayment Period to Up to 60 days

KCB M-Pesa customers can now top-up their loans by borrowing several times within the credit limit assigned to them without having to first clear outstanding balances. Assuming you have a credit limit of Ksh.5000, and currently servicing an existing KCB M-Pesa loan of Ksh.2000, you can now borrow up to Ksh.3000 without having to first clear the initial loan as required before. This is now possible after an upgrade to the old KCB M-Pesa system where borrowers could only take another loan after clearing the outstanding balances.

According to KCB, the upgrade has also enabled users to rollover their loans to the next month, a feature that was missing on the old KCB M-Pesa platform. Basically what this means is; instead of being limited to 30days, In the event that your loan is not repaid in full within thirty (30)days, your loan will be automatically rolled over together with any outstanding amount in respect of the principal, interest and negotiation fees. This shall continue to be the case until all amounts owed are fully repaid. However, In the event that you do not repay the loan in full within sixty (60) days from the date when the loan was first granted, you will be liable to pay a late repayment penalty fee of 10% of any outstanding principal, interest, negotiation fees and any other fees payable under the KCB M-PESA.

“We are continually re-imagining digital finance. There is need for us to embrace innovation and digitization beyond our current realm of operations,” said KCB Group chief executive Joshua Oigara.

How to Rollover KCB M-Pesa Loan Repayment Period to Up to 60

  • As indicated above, all you need to do is ensure you do not exceed 60 days from the date when the loan was first granted.

KCB has also unveiled a holiday season promotion that will see Loans borrowed and repaid within the same day via KCB M-Pesa attract a zero(0) percent interest. Meaning if you borrowed Ksh.10,000 and repaid within the same day, you wouldn’t pay any additional charges but the exact amount Ksh.10,000. This promo will run between 18th Dec 2018 and Jan 17th 2018.  

ChapaStoriNaBob Promotion from Airtel Kenya goes Live in time for the Holiday Season

Tuvuti Editorial Team
-
0
ChapaStoriNaBob Promotion from Airtel Kenya goes Live in time for the Holiday Season

Christmas just came early for Airtel Kenya customers after the mobile operator unveiled Chapa Stori Na Bob campaign that would see subscribers spent only Ksh. 1 on calls across all networks while no charges within its network all day long. The initiate according to Airtel Kenya is aimed at having its customers continue with conversations with family members and friends without worrying about disconnections.

Precisely, ChapaStoriNaBob will see Airtel Kenya subscribers make calls to any network within the country such as Telkom and Safaricom for Ksh 1 bob billed per minute for 24 hours, while those made within its network billed at 0 bob.

How to use Airtel Kenya ChapaStoriNaBob Promotion

The holiday’s season offer is categorized into two bundles;the cheapest bundle attracts Kshs15 valid for 24 hours and Kshs 30 bundle that offers customers the same benefits with a validity of three days. All ChapaStori bundles come with free 100 minutes for all Airtel to Airtel calls per day.

  • First, you need to have an Airtel Kenya line
  • You can then purchase these bundles directly onyour phone by dialing *544*15#  for theKsh 15 bundle or *544*30# for the Ksh.30 bundle.

Speaking on during the launch event, Airtel Kenya’s Managing Director, Prasanta Das Sarma indicated he was delighted to offer customers the opportunity to stay connected to their loved ones during the festive season without worrying about high call rates that would put a dent in their pockets.

“We know that many of our customers will be taking time off to rest and reconnect with friends and family during the festive season.Therefore, we are happy to be launching this new campaign that is unmatched as it allows our customers to talk worry-free,” he stated.

Airtel Kenya continues to upgrade its countrywide network to 4G while further expanding and improving network coverage across the country.So far, Airtel Kenya has some of the most interesting offers on the market including the Amazing Data bundles with free WhatsApp and the SMS product dubbed ‘Tutext’, ChapaStoriNaBob campaign will run until the end of January 2019.

Everything you need to know about OPPO A7 before Buying and Price in Kenya

Tuvuti Editorial Team
-
0
Everything you need to know about OPPO A7 before Buying and Price in Kenya

OPPO just loves the mid-range market, and does everything right to keep it that way or at least remain afloat in a highly competitive market, and who’d blame them? While I’m not a big fan of the smartphone maker,sometimes I’m just amazed how android lovers have so much choices to choose from compared to those hooked on Apple’s ecosystem. On a global scale, android devices have been praised to combine functionality and practicality in a premium level product while keeping costs within reach for average consumers. OPPO for example, has added somewhat top end smartphone; the OPPO A7 cutting just where it really doesn’t matter to have an attractive price tag at the same time.

Enough with the obvious, what exactly do you need to know before going for the OPPO A7? Of course the decision solely lies at your discretion,I only provide details to the best of my knowledge. I wouldn’t say the OPPO A7 will give you the ultimate experience. It does have some pros yes, but just like any other smartphone out there, it has flaws as well. If you’re looking for that perfect device you’d brag about for a year or so, add some more cash and get a flagship from Samsung or Apple instead, you wouldn’t go wrong with LG, HTC and Google Pixel as well.    

The OPPO A7 has a specific target segment, in this segment,you wouldn’t find power users neither will you get cash loaded gamers for example. First I’d give it to OPPO for striving to have something that many consumers here in Kenya can afford. It’s currently priced at Ksh. 23,990. In an era that many smartphones strive to have as small bezel as possible, the OPPO A7 does the best job so far, I’d say better than even some flagships. Below the screen,only a small bezel is left and at the top, you’d be amazed to see just a minimal bezel concealing the camera and sensors. OPPO describes the “A” series design as a Water drop screen with premium texture on the back cover. This is because the screen occupies almost all of the A7’s display except for a small droplet shaped notch that conceals sensors and front camera.

OPPO surely has had some success with its A series devices; the new OPPO A7 has had its internals upgraded where it matters. If the previous battery capacity wasn’t sufficient, the A7’s 4230mAh internal battery will prove to be a huge bump. I wouldn’t be excited about big numbers though, in comparison, Apple devices enjoy better battery lives due to software optimizations implemented by the manufacturer.  

I must say I’m impressed with the amount of internal storage users will get from the OPPO A7. Users will be getting 64GB worth of internal space at least for the Kenyan model. We understand a 32GB model will still be sold somewhere globally. RAM is good enough at 3GB for the 32GB model or 4GBfor the 64GB variant. OPPO A7’s front camera has a 16MP sensor while it’s back houses two 13 Megapixels sensor. For a 6.2 inches screen to have 720 x 1520 resolution, you wouldn’t see sharp images compared to devices with QHD resolutions, which by the way has become more or less an industry standard. If you’re planning to hook yourself with the OPPO A7, you’ll be presented with some interesting colors ranging from Glazing Blue, Dazzling Gold and Rose Pink. OPPO A7 is already available at OPPO retail stores here in Kenya for Ksh. 23,990.

How to get showmax on your internet connected Dstv explora in Kenya

Tuvuti Editorial Team
-
0
How to get showmax on your internet connected Dstv explora in Kenya

Some Good news to Dstv explora customers here in Kenya who were longing to have Showmax content on their internet connected devices after the company added Dstv explora to its supported devises. Showmax which has so far put up a good fight against streaming giants such as amazon prime and Netflix to carter for those who’d rather stream content directly via their internet connected smart TV’s or other streaming devices like the apple TV and ​​Roku Streaming Stick as opposed to traditional satellite TV. The service which prides to have thousands of hours of local and international movies and series – though not as latest as Netflix, is used by many Kenyans who find it cheaper and more portable than other Dstv services.

Before the Explorer was added to its supported devices, Showmax customers could only access the service via an app on streaming devices like Apple TV, Android TV, Smart TV’s and so forth. Since Showmax mainly operates via internet, Dstv explora customers will consequently need to have their devices hooked to the internet to access content from the service.

Now here is how you can get Showmax service on the DstvExplora device

  • First and foremost, as you’d imagine, internet connection is required on your explorer
  • On your Dstv Explore menu, head over to “Watch now”, then select “Showmax”.
  • Browse through available content, once you’ve seen something you’d love to watch, press “OK”
  • Here, you’ll need to sign in with your Showmax account if you’re already a subscriber. However, if not, you may sign up at Showmax.com
  • Once you’ve signed in and everything looks in oder, start watching!

You can as well include Showmax to your monthly Dstv bill as below; lucky if you are a DStv Premium customer –  Showmax is given at no extra.

  • First, head over to Easy.dstv.com
  • Choose “My Account” and sign in to Easyplatform.
  • Once logged in scroll to “ Showmax” and sign up for Showmax.
  • You will be automatically redirected to the voucher capture screen where the activation code is pre-populated, press submit.
  • Accept billing and click “yes”.

Postal Corporation of Kenya’s ‘Posta Cargo’ Clearing and Forwarding Service Rates

Tuvuti Editorial Team
-
0
Postal Corporation of Kenya’s ‘Posta Cargo’ Clearing and Forwarding Service Rates

The Postal Corporation of Kenya started offering Clearing and Forwarding services as part of its ambition to diversify their offering and tap into the growing e-commerce sector rather than relying on traditional mail services alone. As a requirement, Posta Cargo is registered by the Kenya Revenue Authority (KRA) to offer clearing and forwarding services that will see customers get full logistical services for items imported through Posta Parcel and EMS services.

This comes after rumors emerged the firm was planning to partner with various e-commerce giants such as Alibaba and Amazon aimed at boosting its earnings through diversified service offerings. Most Kenyans have turned to multinational e-commerce sites to purchase items that are not readily available locally such as spare parts and other electronics. According to the firm, Posta Cargo customers will no longer have to pick their packages at KRA offices but rather have them delivered wherever they are. Postal Corporation of Kenya has since commissioned a warehouse at the Kenya Ports Authority docks in Mombasa

CLEARING & FORWARDING RATES WEIGHT BASED

AIR FREIGHT CLEARANCE

Agency Fees Up to – 500Kgs  Min Ksh 5,000.00
Agency Fees 501Kgs – 1000Kgs   Ksh 10,000.00
Agency Fees 1001Kgs – 5000Kgs Ksh 15,000.00
IDF Processing Fee Ksh 2,000.00
Documentation Ksh 2,000.00
Airport Handling Billed at Cost
Airport Storage Billed at Cost
Disbursement Fees 3% of Disbursement Amount

SEA FREIGHT CLEARANCE

Agency Fees Loose Cargo Min KSh 5,000.00
Agency Fees 500Kgs-1000Kgs: Ksh 10,000.00
Agency Fees 1000Kgs-5000Kgs: Ksh 15,000.00
20ft Container Min Ksh 20,000.00
40ft Container Min Ksh 25,000.00
IDF Fee Application Ksh 2,000.00
Handling Fees Billed at Cost
Documentation Ksh 2,000.00
Striping /verification 20ft Container Ksh 1,000.00
Striping/verification 40ft Container Ksh 1,500.00
Disbursement Fees 3% of Disbursement Amount

CLEARING AND FOWARDING RATES BASED ON CIF VALUE

CATEGORY A: Goods Imported through Sea Freight

  NO   CHARGES DESCRIPTION   FEES CHARGED
1. Goods valued above Ksh. 20 Million (CIF) 0.2% of CIF
2. Goods valued up to Ksh. 20 Million (CIF) 0.4% of CIF
3.   Goods with no declared value Minimum Ksh. 15,000 per consignment
4. IDF Fee Application Ksh 2,000
5. Handling Fees Ksh 2,500
6. Documentation Ksh 2,000
7. Striping /verification 20ft Container Ksh 1,000
8. Striping/verification 40ft Container Ksh 1,500
9. Disbursement Fees 3% of Disbursement Amount.

CATEGORY B: Goods Imported through Airfreight)

  NO   CHARGES DESCRIPTION   FEES CHARGED
  Goods valued above Khs.20Million(CIF) 0.2 % of CIF
  Goods valued up to Ksh.20Million 0.4 % of CIF
1. Goods valued above Ksh. 3 Million (CIF) 0.4% of CIF
2. Goods valued up to Ksh. 3 Million (CIF) 0.6% of CIF
3.   Goods with no declared value Minimum Ksh. 5,000 per consignment
4. IDF Fee Application Ksh 2,000
5. Airport Handling Fees Billed at Cost
6. Documentation Ksh 2,000
7. Airport Storage Billed at Cost
8. Disbursement Fees 3% of Disbursement Amount.

All the Charges are Exclusive of VAT

How to Properly File Nil returns on the Kenya Revenue’s iTax System for Genuine Taxpayers

Tuvuti Editorial Team
-
0
How to Properly File Nil returns on the Kenya Revenue’s iTax System for Genuine Taxpayers

In a bid to stop tax evasions, the Kenya Revenue Authority modified the iTax system to net individuals trying to evade paying taxes by simply filing Nil returns on the iTax portal. As a result, tax payers who intent to declare Nil tax returns will henceforth be required to indicate that they do not have any other source of income. This will essentially aid Kenya’s revenue agency profile users in order to easily weed out evaders.  As per the Kenyan law, any person bearing a personal Identification number (PIN), is required to file tax returns annually including those that do not have any form of employment.

In the past, we could easily get away with not filing returns at all, but the tax man has since placed heavy penalties on those who fail to do so, ranging from Ksh. 20,000 on wards. For a common mwanainchi who resides in Kenya without a stable formal employment, this could be quite a burden. I’ve therefore devised a simple guide for tax payers who would like to file nil tax returns on the KRA’s iTax system. And from the title I say ‘genuine’ to refer to those who qualify or have had no income in that year.

To start with, I’d advise anyone to file tax returns early in the year to avoid last minute instability usually experienced on the KRA’s portal.You could be slapped with heavy penalties to as much as Ksh 20000 for not doing so regardless of whose fault it is.

A simple Guide to filing Nil tax returns on the iTax portal

Before you start filing, you’ll need a P9 form for those who are employed, usually given by the employer. On the iTax system, you’ll need to login (https://itax.kra.go.ke/KRA-Portal/) using provided password that you set or were issued when applying for the personal Identification number.

You may need to reset your password if it’s not working. Password reset details will be sent to your email address.

  • To file Nil tax returns, head over to the ‘returns’menu and select ‘File Nil Return’
  • Next, confirm you didn’t have any income for the year you are filing returns
  • Select the year usually from 1stJanuary to 31st December of previous year.
  • Just so you know, if you’re caught filing nil returns while you’ve had income in that year, KRA will be on your neck.

mKey digital banking service Transaction Costs and How to Apply, get Approved for a Loan

Tuvuti Editorial Team
-
0
mKey digital banking service Transaction Costs and How to Apply, get Approved for a Loan

mKey is a digital banking service unveiled by Equity bank’s sister company – Finserve Africa a few months ago that works just like other loan apps in existence. It runs on android operating system and touts to include additional functionality in comparison with similar services on the market including chatting with friends, paying bills, reading news, applying for loans and saving. The app which can be downloaded from the Google Play Store has an inbuilt keyboard through which users can access custom emojis and Gifs that users may use while chatting with others.

 While mKey is meant for loan applications; it comes with additional related features that let users complete several transactions on the app rather than having to transfer money to different mobile wallets or even withdraw before paying utility bills,purchasing airtime or even shopping. And if you don’t need the loan facility, mKey accounts, can be topped up using Mpesa, Equitel or deposits through Equity bank agents. While we expect the service to even support diaspora remittances at a later date, mKey is pretty feature rich in comparison with similar android loan apps.

How to apply for an mKey Loan

To be precise, mKey has a mobile wallet account that’s not linked to your bank account and allows users to buy airtime, buy goods, pay bills, send money via social media and save.

  • As with any other loan app, users first need to have an android phone, then download the app from Google’s Play Store
  • Once you’ve installed the mKey app, you’ll need to provide some details through a simple registration process. To do this, You’ll need a Facebook or a Google account.
  • During the registration process, you’ll to provide personal details such as a mobile number, government ID and later confirm your email address.
  • After completing the above process, the mKey app will let you know how much money you can borrow. The amount should range from Ksh.300 to Ksh. 1 Million. The maximum amount one can borrow depends on the borrower’s credit score, repayment history, transactions among other factors.
  • mKey loans attract an interest rate of 9%.

mKey digital banking service Transaction Costs /Tariffs

Range Pesalink Mpesa/Airtel Paybills Agent
         
1-100 0 20 0 30
101-500 0 20 22 30
501-1000 25 25 22 30
1001-1500 15 35 33 30
1501-2500 20 50 33 30
2501-3500 20 55 55 54
3501-5000 20 70 55 54
5001-7500 50 90 83 91
7,501-10.000 50 100 83 91
10,001-15,000 80 105 110 175
15,001-20,000 80 115 110 175
20.001-35.000 80 115 110 206
35,001-50,000 80 N/A 198 236
50.001-100.00 100 N/A 220 272
100.001-500.000 300 N/A N/A N/A
500,001-999.999 500 N/A N/A N/A

No transaction costs on mkey to mkey, mkey Balance Enquiry, mkey Mini-statement and mkey Deposit

mKey Statement by Email cost is Ksh.20 fixed
mKey to RTGS Cost is Ksh. 550 fixed
mKey ATM Withdrawal Cost is Ksh.30 fixed
mKey to SWIFT transaction Cost is Ksh.1650 fixed

Okolea Mobile Loans App – How to Apply and Get Approved Instantly via Your Android Smart Phone

Tuvuti Editorial Team
-
12
Okolea Mobile Loans App – How to Apply and Get Approved Instantly via Your Android Smart Phone

Kenyans have fallen in love with mobile loans in a way you’d literally have dismissed a few years ago, as of now, there are tons of alternative apps you can easily download, register and apply for loans without having to do any paperwork. One such service is Okolea app; we’ve devised a simple guide on how you can register and apply for a loan from the Okolea android app. We have also illustrated on how you can easily repay your loan without a hustle.

Continue
1...101102103...168Page 102 of 168

Tuvuti.com: Where Kenyan tech intersects business. Our impartial reviews redefine innovation, offering neutral insights into the latest tech trends.

LATEST POSTS

FIND US ON SOCIAL

© 2024 tuvuti.com | Email: [email protected]