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President William Ruto and Foreign Affairs Principal Secretary (PS) Korir Sing’oei have expressed deep sorrow following a tragic helicopter crash in Ashanti, Ghana, that claimed the lives of eight people. Among the victims were two Ghanaian cabinet ministers. On Thursday, August 7, President Ruto took to social media to send his heartfelt condolences to Ghanaian President John Mahama, the government, and the people of Ghana. He assured them that Kenya stands in prayer and solidarity with the West African nation during this painful moment. “We send our condolences to H.E. President John Mahama, the Government, and the people of Ghana,…

Chief Justice Martha Koome Mourns the Death of Former MP Chief Justice Martha Koome has written a heartfelt message of condolence following the death of Catherine Nyamato, who was the first woman from the Gusii region to serve as a Member of Parliament in Kenya. In a statement released on August 7, CJ Koome paid tribute to Nyamato, describing her as a courageous and influential leader who played a major role in pushing for women’s rights in the country. Nyamato, who sadly passed away on July 16, was a nominated MP between 1997 and 2002 during President Daniel Arap Moi’s…

Introduction Family offices—private wealth management firms that serve ultra-high-net-worth individuals and families—are increasingly exploring crypto assets as part of their broader investment strategy. As the digital asset market matures, these entities are now seeking more sophisticated financial solutions, including custom crypto loan structuring. This approach allows family offices to access liquidity, hedge risk, and optimize tax planning without liquidating core digital holdings. Why Crypto Loans Appeal to Family Offices Family offices manage large, diversified portfolios and often prioritize long-term wealth preservation. Crypto loans align with these objectives in several ways: Key Elements of Custom Structuring Unlike standard retail crypto loans,…

As family offices continue to evolve, so do their investment strategies. These offices, which manage the wealth of ultra-wealthy, affluent, and high-net-worth families, are increasingly looking beyond traditional investments like stocks and bonds. Today, many are exploring digital assets and advanced crypto strategies as part of their wealth preservation and growth plans. This shift reflects the changing financial landscape and the need for more diverse, tech-forward portfolios. Recent trends highlight this transformation. According to the 2025 BNY Wealth Survey, 74% of investment professionals have either invested in or are actively exploring cryptocurrencies — a 21% increase in just one year.…

When people face unexpected expenses or need money for big purchases, personal loans are often a go-to solution. However, individuals with fair or average credit scores don’t always have easy access to such loans. Many lenders require high credit scores, making it harder for people with fair credit to qualify. Fortunately, Investopedia reviewed and compared 59 lenders and found six that are more open to approving borrowers with fair credit—and even offer them favorable loan terms. After thorough research and a survey involving hundreds of borrowers, Investopedia rated Patelco Credit Union as the best personal loan provider for people with…

Definition Sometimes, a month can feel longer than your paycheck can last. When this happens, people may turn to payday loans or other quick cash solutions. However, credit unions offer a more affordable option for short-term borrowing—commonly known as a stretch loan or payday alternative loan (PAL). What Is a Stretch Loan? A stretch loan is a short-term loan designed to help individuals or businesses bridge a temporary financial gap. It provides quick access to money so the borrower can meet urgent financial needs, with the understanding that the loan will be repaid once funds become available. When issued by…

Kericho MCAs Launch Fresh Bid to Impeach Governor Erick Mutai Months After Senate Saved Him Members of the Kericho County Assembly have reignited efforts to impeach Governor Erick Mutai, just months after a previous attempt failed when the Senate cleared him of all charges. The new motion comes less than a year after the embattled county chief narrowly escaped removal from office. In a formal letter dated August 6 and addressed to the County Assembly Clerk, Sigowet Ward MCA Kiprotich Rogony officially submitted the impeachment motion. The letter asked the clerk to receive the motion and begin the necessary procedures…

Another Kenyan Marathon Star Suspended Over Banned Substance Kenyan long-distance runner Judy Jelagat Kemboi has been provisionally suspended after testing positive for a banned substance that is becoming increasingly common in athletics. The Athletics Integrity Unit (AIU) confirmed on Wednesday, August 6, that Kemboi’s sample tested positive for Hydrochlorothiazide, a prohibited drug under global anti-doping rules. “The AIU has provisionally suspended Judy Jelagat Kemboi (Kenya) for the Presence/Use of a Prohibited Substance (Hydrochlorothiazide),” read a statement from the AIU. This type of suspension is referred to as a “notice of charge issued,” meaning that although Kemboi is facing a doping…

Government Issues New Strict Guidelines for School Buses, Affecting Parents and Institutions The government has announced fresh directives targeting schools and parents over the use of school buses outside approved hours. Starting immediately, any school or parent allowing school buses to pick up learners before 6:00 am or drop them off after 6:00 pm risks facing serious consequences from the Ministry of Education. Speaking on Wednesday, August 6, Basic Education Permanent Secretary Julius Bitok cautioned that many schools have continued operating their buses beyond the approved hours, even though the rules restricting school transport times are still active. “Our regulations…

In today’s fast-paced digital finance world, managing risk is more important than ever — especially when it comes to loans. As financial institutions, crypto lending platforms, and DeFi protocols grow, so does the complexity of keeping loans secure and preventing defaults. One of the most innovative solutions in this area is the use of AI-powered liquidation engines for real-time loan monitoring. This technology is not just improving how loans are managed — it’s changing the entire system. What Is a Liquidation Engine? A liquidation engine is a system that automatically tracks loans and decides when to liquidate (i.e., sell off…