× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Cash for elderly to be paid to beneficiaries' bank accounts

By James Wanzala | November 25th 2018
Labour and Social Protection Cabinet Secretary Ukur Yatani.

About 710,000 senior citizens who are beneficiaries of a State-sponsored social welfare initiative will now get their monthly stipend through their bank accounts.

Labour and Social Protection Cabinet Secretary Ukur Yatani said last week that the old card system had been scrapped.

“The new programme promises flexibility for the beneficiaries on the choice of banks from a range of four institutions - Cooperative, Equity, Kenya Commercial Bank and Post Bank of Kenya,” said Yatani in Nairobi.

The Government, he said, had allocated close to Sh30 billion this financial year under the cash transfer programme where about 1.3 million beneficiaries will benefit.  

“It may be noted that since inception in 2004 to date, the Government has spent a total of Sh125.7 billion, with a significant increase between 2013 to date,” said the CS. Yatani said the new system, whose sensitisation began on Wednesday, would be rolled out after its launch in Kajiado tomorrow. 

Share this story
Coast region reaps big from conferences
Players in the multi-billion-shilling tourism industry at the Coast have reported bumper returns boosted by growth in conference tourism.
Dog walking becomes the newest hustle in town
Dog walking is now a status symbol. Owning a pet is cool. I nowadays meet lots of Kenyans and foreigners walking their dogs and some running.