What happens to kenyans who Insured their Vehicles with Companies Like Trident insurance, KUSSCO and Corporate Insurance that have been placed under Statutory Management?
The Insurance Regulatory Authority has placed Trident Insurance Company, KUSCCO Mutual Assurance Limited, and Corporate Insurance Company under statutory management.
Coming out of the trap of debt is not just a function of money; even if you get lots of money today and clear your debts, without a mental shift, you'll slide back. It is first won in the mind before it is won in the battlefield.
KRA has no legal power to restrict you on how or what to file as your self assessment income tax return. Before filing a return KRA cannot review your return before you file it.
There's an interesting feature on @SafaricomPLCZIIDI MMF App called AUTO SAVE.
For every transaction that you make on mpesa e.g. buy goods or paybill you can set up a certain percentage of the transaction or a fixed amount to be automatically deposited into your ZIIDI account.
IRA handled 423 complaints in Q2 2025 Kenya Insurance Industry Report and investigated 50 fraud cases. Among these, over 60% for both General and Long - term were resolved.
The law protects the money so that only the rightful heirs, through due process, can claim it.
Always plan your estate. Write a will, or your family may sรผffer unnecessary stress before touching your money.
When a Bank Customer dies, can the bank release money to the family without court papers?
Many people think that once someone dies, the family can just walk into the bank and withdraw the personโs money.
Big mistake.
By law, a bank cannot release money of a deceased person without the proper court papers.
Even if you are the first son, wife, or next of kin, you canโt just withdraw it.
Next of Kin is not automatic inheritance, it only shows who the bank should contact.