Author: Editor

Bitcoin is not only the pioneer of digital currency but also the standard against which all other cryptocurrencies are measured. It introduced the idea of a decentralized peer-to-peer financial system and inspired thousands of other coins and blockchain projects. Over the years, Bitcoin has maintained its dominance in market capitalization, user adoption, and public recognition, but it is far from being the only option in the crypto world. There are many other cryptocurrencies—often called altcoins—that have survived the extreme highs and lows of the market and continue to show strong potential. Some of them offer features and technologies that Bitcoin…

Understanding Smart Contracts A smart contract is a self-running computer program that carries out the steps of a blockchain transaction automatically. Once the programmed actions are completed, the transaction is recorded permanently on the blockchain, making it traceable and impossible to reverse. An easy way to imagine a smart contract is to think of a vending machine. When you insert the correct amount of money and select an item, the machine’s internal program instantly processes the request and delivers your chosen product. Similarly, a smart contract follows a pre-set series of instructions to carry out a specific agreement. Smart contracts…

Introduction The idea of composable credit lines is gaining attention in decentralized finance (DeFi) because it allows borrowing and lending arrangements to become more flexible, transparent, and programmable. Unlike traditional credit systems, which rely on centralized banks or lending institutions, composable credit lines are powered by smart contracts — self-executing agreements written into blockchain code. In this model, credit is not just a one-time agreement between a lender and borrower. Instead, it is a set of reusable, modular building blocks that can connect with other DeFi applications, opening the door to more advanced financial products. What Are Composable Credit Lines?…

Matatu Crashes in Litein After Police Officer Allegedly Strangles Driver Over Bribe Demand A shocking road accident along the Litein–Kericho route on Tuesday has left several people injured under highly disturbing circumstances. The crash occurred near Litein in Kericho County and involved a 14-seater matatu belonging to the Nakuru Line Sacco. Witnesses and initial reports indicate that the incident began when a traffic police officer, allegedly demanding a bribe, jumped into the moving vehicle after the driver failed to stop. The driver, apparently trying to avoid the officer, steered off the main road. This triggered a struggle between the two,…

Former Principal Secretary Mary Kimonye can now rest easy after the High Court dismissed a legal challenge questioning her recent appointment as the Vice Chairperson of the Public Service Commission (PSC). The case also targeted the appointment of three other PSC commissioners. The petition had been filed by Dr. Magare Gikenyi, a Nakuru-based doctor and activist, who argued that Kimonye’s appointment was unconstitutional, irrational, and procedurally flawed. However, in a ruling delivered on Tuesday, August 12, Justice Bahati Mwamuye disagreed with those claims. In her judgment, Justice Mwamuye emphasized that the role of the court is not to question the…

Kenyans Warned Over Dangerous Fish Being Sold as Safe Tilapia Kenyans have been cautioned that they might unknowingly be eating fish that is unsafe for human consumption. This warning comes after Interior Cabinet Secretary Kipchumba Murkomen exposed a well-organized syndicate involved in harvesting toxic fish and disguising it as Tilapia from Kisumu. Speaking in Nakuru County on Tuesday, August 12, during the Jukwaa la Usalama forum, Murkomen revealed that certain powerful cartels are behind this illegal trade. According to him, these groups, which own large cold storage rooms and refrigerated trucks, are fishing from Lake Nakuru — a lake that…

Detectives from the Ethics and Anti-Corruption Commission (EACC) on Tuesday carried out a raid at the home and offices of Laikipia County Assembly Speaker Lantano Nabaala over claims that he forged his academic papers. The early morning operation began at the Speaker’s high-end residence in Nairobi’s Muthaiga estate. After combing through the house, the officers proceeded to the Laikipia County Assembly headquarters in Nanyuki, where they searched various offices. They thoroughly examined files and records, looking for evidence to support the allegations. According to EACC Central Region boss Japheth Baithalu, the main purpose of the raids was to gather documents…

MPs Approve 15 New Nominees for NG-CDF Constituency Committees Members of Parliament have given the green light to 15 individuals who will serve on five Constituency Committees of the National Government Constituency Development Fund (NG-CDF). The approval, announced on Tuesday, August 12, follows the legal provisions outlined in Section 43(4) of the National Government Constituency Development Fund Act, Cap 414A, and the 2016 NG-CDF Regulations. These laws guide how committee members are selected and approved to ensure proper management of constituency development funds across the country. The newly approved nominees will join committees in five constituencies: Isiolo South, Lungalunga, Kuria…

Kenyans to Benefit from Cheaper Loans After CBK Rate Cut The Central Bank of Kenya (CBK) has reduced its base lending rate to 9.50 per cent, offering hope for cheaper loans to millions of Kenyans. The 25-basis-point cut, announced on Tuesday, is the latest in a series of rate reductions aimed at supporting the country’s economic recovery after last year’s widespread protests. Previously set at 9.75 per cent, the rate is now at one of the lowest levels in Kenya’s history. This move comes as the global economic landscape continues to shift, with many countries adjusting their monetary policies to…

Court Blocks Arrest of Cleophas Malala Over Helicopter Landing Dispute The High Court in Kakamega has stopped police from arresting Democracy for the Citizens Party (DCP) Deputy Leader Cleophas Malala over claims of illegally landing a helicopter at Mumias Complex Stadium. The ruling was delivered on Tuesday, August 12, by Lady Justice Alice Bett, who issued a conservatory order directing police and other government authorities to keep off the matter until the case is heard. She instructed that Malala should not be arrested, charged, prosecuted, harassed, intimidated, or interfered with in any way during this period. “That in the meantime,…