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Crypto lending has become a popular financial tool for investors looking to leverage their digital assets without selling them. One of the key factors that determine how much a user can borrow is the Loan-to-Value (LTV) ratio. A higher LTV means borrowers can get more funds relative to the collateral they provide. Here are the top 5 crypto lending platforms offering the highest LTV ratios in 2024. 1. Nexo – Up to 90% LTV Nexo is a leading crypto lending platform known for its competitive loan offerings. With an LTV ratio of up to 90%, Nexo allows users to maximize…

1. Best for Flexibility: Patelco Credit Union Why We Chose It: Patelco Credit Union offers flexible loan amounts and repayment terms. Fair credit borrowers can apply jointly to improve their approval chances and get better rates. Pros & Cons: Pros: Cons: Overview: Patelco offers competitive APRs and some of the most flexible loan terms available. While its minimum credit score requirement is 640, joint applications allow those with lower scores to qualify. Discounts are available through its LevelUp Program and for new members. Additional Details: 2. Best With a Co-Borrower: Achieve Why We Chose It: Achieve allows joint applications and…

Govt to Offer Ksh300,000 Loans to Kenyans Seeking Jobs Abroad The Kenyan government has announced a loan program to support citizens seeking employment opportunities in foreign countries. Under this initiative, qualified individuals can access loans of up to Ksh300,000 to help cover their pre-travel expenses. The funding will come from the Youth Enterprise Development Fund (YEDF), a program initially designed to support young entrepreneurs in Kenya by providing financial assistance and business development services. Its primary aim has been to promote youth employment by encouraging entrepreneurship and enterprise growth. However, the government has now expanded the fund’s role to include…

Government Enforces New Graphic Health Warnings on Nicotine and Tobacco Products The Ministry of Health has officially introduced new graphic health warnings that must now appear on all modern nicotine and tobacco products. These include electronic cigarettes (e-cigarettes), vape pens, and nicotine pouches. In a public notice issued on February 19, the ministry emphasized that the updated regulations align with the Tobacco Control Act of 2007 and demonstrate the government’s ongoing efforts to safeguard public health from the risks associated with nicotine consumption. “The State Department of Public Health and Professional Standards, under the Ministry of Health, is pleased to…

More than 2,000 residents from the villages of Lilongwe, Mazunguka, Mbuyuni, and Mwangaza in Mombasa are living in fear after receiving eviction notices from the Energy and Petroleum Regulatory Authority (EPRA). On Wednesday, February 19, affected residents from Chaani staged protests against EPRA’s directive ordering them to vacate their homes, which are scheduled for demolition on February 26. The residents have expressed their frustration, saying they have not been provided with a clear compensation plan before being asked to leave. They also insist that they are not living on pipeline land and, therefore, their homes should not be destroyed. Ezra…

Government Orders Salary Deductions for Civil Servants in Cases of Lost Public Funds The government has issued a directive requiring civil servants working in public institutions where funds have been lost or remain unaccounted for to face salary deductions. A letter from Chief of Staff and Head of Public Service, Felix Koskei, seen by newshub.co.ke, instructs that public officials responsible for financial losses in their respective institutions must be identified and surcharged. Koskei emphasized the need for government agencies to implement strict measures to recover any lost public funds. “Develop a procedure to ensure regular surcharges to recover any loss…

Students from the Technical University of Kenya (TUK) have taken to the streets, storming the Ministry of Education offices in protest against the indefinite closure of their institution. The university was shut down on February 3 following chaotic scenes on campus. In viral videos shared online, a large group of students was seen outside the office of Vice-Chancellor Prof. Benedict Mutua, loudly chanting “mwizi” (thief) in protest. The demonstration quickly escalated as students marched towards Jogoo House, the headquarters of the Ministry of Education, demanding immediate action from the government. Outside the ministry’s offices, the students were heard chanting, “Wanafunzi…

Government Responds After Traders Boycott Tax Payments Hours after business owners in Londiani, Kericho County, took to the streets in protest, the county government addressed their concerns, assuring them that their grievances had been acknowledged. Officials pledged to review the taxation policy to find a suitable resolution. Kericho County Revenue Officer, Kipruto Sang’, responded to the outcry from over 2,000 traders who had shut down their businesses in defiance of the newly imposed license fees. The traders argued that the higher charges were unfair, given the difficult business environment they were already facing. Governor Dr. Eric Mutai had introduced the…

Juja MP George Koimburi Charged With Forgery 30 Years Later, Raising Political Questions A fresh controversy has erupted over why the Office of the Director of Public Prosecutions (ODPP) has chosen to charge Juja MP George Koimburi with forging academic certificates nearly three decades after the alleged offence. Koimburi, who has been in office since winning the 2021 by-election, appeared at the Kiambu Law Courts on Wednesday, where he denied six counts of forgery. According to the charge sheet, the legislator is accused of falsifying a Kenya Certificate of Secondary Education (KCSE) in 1994, allegedly to gain admission into higher…

A law firm has raised concerns over intern doctors and medical students performing medical procedures without supervision at a local hospital. Speaking to newshub.co.ke over the phone, an advocate from the firm claimed that medical students, intern doctors, and registrars at the hospital were regularly treating patients without oversight from senior medical professionals. Criticizing the hospital’s handling of the matter, the lawyer argued that allowing unsupervised trainees to perform medical procedures not only violates professional medical standards but also infringes on the constitutional and human rights of patients. However, when contacted for a response, the hospital declined to comment, stating…