Author: Editor

Several companies have announced a large public auction involving numerous goods, especially motor vehicles, that have remained uncollected for weeks. According to a gazette notice dated August 1, the companies—mainly auctioneers and a motor vehicle garage—stated that the listed items will be sold within 30 days if the owners fail to retrieve them. The auctions are being carried out under the Disposal of Uncollected Goods Act (Cap. 38), a law that permits businesses or garages to dispose of property that has been left unclaimed for a considerable period. One company, which operates an auto garage, revealed that a number of…

CS Joho Appoints 83 People to Serve in New Government Committees Mining Cabinet Secretary Hassan Joho has officially appointed 83 individuals to serve in newly formed government committees that will foster partnerships between local communities and various companies involved in mining and construction. In a Gazette Notice issued on August 1, CS Joho announced the establishment of nine Community Development Agreement Committees (CDACs). These committees were formed in line with Regulation 7(1) of the Mining (Community Development Agreement) Regulations. Their main goal is to ensure communities benefit from mining and construction activities carried out in their areas by fostering structured…

As decentralized finance (DeFi) and crypto lending platforms continue to evolve, the need for optimizing collateral usage has become increasingly important. Investors, protocols, and institutional lenders alike are now focusing on collateral efficiency metrics to improve capital utilization, reduce risks, and enhance returns. This article explores key metrics and strategies used to assess collateral efficiency in advanced crypto lending portfolios. What Is Collateral Efficiency? Collateral efficiency refers to the optimal use of assets pledged to secure loans. In crypto lending, it means using as little collateral as possible while maintaining a strong safety margin against price volatility and liquidations. Efficient…

Cryptocurrency has come a long way. What began as a digital experiment is now a major financial asset, with the total market value reaching nearly $3 trillion. Today, more and more people are turning to cryptocurrencies not just as investments, but also as a way to earn money. Whether you’re a casual investor wanting to grow your savings or a full-time trader looking for profit opportunities, this guide explains the many ways to earn from cryptocurrency. It also highlights the risks and how to avoid common mistakes. Key Points to Remember What Is Cryptocurrency? Cryptocurrencies are digital coins that use…

Since Bitcoin started trading in 2009, its price has risen dramatically, reaching a record high of over $123,000 on July 14, 2025. For anyone interested in buying or selling digital currencies like Bitcoin, Ethereum, and a variety of smaller coins, the top crypto exchanges offer powerful trading tools, a wide range of supported cryptocurrencies, flexible order types, and a host of other services designed to support both new and experienced traders. A team of editors and researchers at Investopedia reviewed 14 different cryptocurrency exchanges using 27 weighted factors essential to a trader’s success. Their in-depth analysis helped identify the best…

President Ruto Hosts Uhuru Kenyatta at State House for DRC Peace Talks In a rare and notable moment, President William Ruto welcomed former President Uhuru Kenyatta to State House Nairobi on August 1, 2025. The two leaders came together to attend a high-level joint meeting involving the East African Community (EAC) and the Southern African Development Community (SADC) Co-Chairs, alongside the Panel of Facilitators for the ongoing peace process in the Democratic Republic of the Congo (DRC). President Ruto co-chaired the meeting in his capacity as the current Chairperson of the EAC, while Zimbabwe’s President Emmerson Mnangagwa, who leads SADC,…

The Ministry of Repentance and Holiness, led by well-known preacher Prophet David Owuor, has firmly denied claims circulating online that the world would come to an end on Saturday, August 2, 2025. In a bold and clear statement issued on August 1, the church strongly rejected the rumors, calling them false, misleading, and harmful. The ministry said that the false reports were meant to damage the image of Prophet Owuor and the church itself. The statement, which was signed by Senior Archbishop Michael Nieswand, emphasized that the Bible is very clear on the subject of the end times. According to…

Some government workers could soon be required to pay back the salaries they have earned over the years if it is found that they were receiving pay without actually doing any work. This warning was issued by Health Cabinet Secretary Aden Duale, who also said that those involved will face legal action. Duale made these remarks on Friday, August 1, during an official ceremony at Afya House in Nairobi. The event marked the send-off of 316 Bachelor of Science in Nursing (BScN) graduates. During his speech, the CS revealed that the government is preparing a serious crackdown on ghost workers,…

Former ICT Cabinet Secretary Margaret Ndung’u Gets Prestigious Global Role at UN Former Cabinet Secretary for ICT, Margaret Nyambura Ndung’u, has secured a prestigious new position at the international level. She has been appointed as the Senior Researcher and Digital Policy Specialist to the Digital Public Infrastructure (DPI) Safeguards Strategic Advisory Board under the United Nations. This appointment comes just months after Ndung’u turned down a previous nomination by President William Ruto, who had appointed her as Kenya’s High Commissioner to Ghana. She declined the offer, citing personal and urgent family reasons at the time. Her new role was officially…

Detectives from the Directorate of Criminal Investigations (DCI) have confirmed the arrest of police officer Hiram Kimathi, who had earlier made headlines after refusing a transfer to the remote Todonyang Police Station in Turkana County. Kimathi was arrested at his home in Kambakia, a residential area in Makutano, Meru County. The DCI stated that his arrest was the result of an intelligence-led operation that took place around 1 p.m. on Friday, August 1. Sources close to the investigation say that Kimathi’s arrest is linked to the formation of a controversial group known as Fighting Brutality and Impunity (FBI). Authorities believe…