Author: Editor

Massive Job Losses Loom as President Ruto Shuts Down Over 1,000 Health Facilities in Anti-Fraud Operation President William Ruto has revealed that his government has shut down more than 1,000 health facilities across the country as part of an ongoing crackdown against fraud targeting the Social Health Authority (SHA). While speaking to Kenyans living in the United Kingdom on Thursday, July 3, Ruto explained that the closures were part of efforts to fight corruption and dishonest practices in institutions involved in the SHA program. According to the president, the affected facilities were found guilty of engaging in fraudulent activities that…

Missing Activist Ndiangui Kinyagia Found Alive, Says Family Lawyer Missing activist and blogger Ndiangui Kinyagia has been found alive, according to a statement from the family’s legal representative. The family’s lawyer, Wahome Thuku, revealed that Ndiangui is currently in hiding at a secret location due to concerns for his safety. He has reportedly been missing for more than 10 days, sparking widespread concern among family, friends, and fellow activists. In a statement shared on Facebook on Thursday, July 3, the lawyer confirmed that Ndiangui managed to contact one of his family members on Tuesday evening. During the call, he assured…

Real Estate Investment Trusts (REITs) are a popular way for individuals to invest in real estate without owning physical property. These trusts own or finance income-generating real estate and are required to distribute at least 90% of their taxable income to shareholders, often resulting in high dividend yields. REITs also offer diversification, potential inflation protection, and liquidity—making them a valuable addition to many portfolios. Below, we explore five common types of REITs, their unique characteristics, and key investment considerations. 1. Retail REITs What They Do: Retail REITs own and manage shopping centers, strip malls, and freestanding retail stores. Their revenue…

In today’s dynamic financial landscape, real estate investment is no longer limited to traditional banking or personal savings. Thanks to blockchain technology, investors can now tap into innovative financing methods like crypto loans to access capital. One promising use case is leveraging crypto loans to invest in Real Estate Investment Trusts (REITs)—a strategy that combines the high-growth potential of cryptocurrency with the steady income of real estate. Understanding Crypto Loans A crypto loan is a form of borrowing where digital assets such as Bitcoin (BTC), Ethereum (ETH), or stablecoins are used as collateral. Investors can deposit their crypto assets on…

In the fast-growing world of cryptocurrency, stablecoins have become a powerful tool for investors and traders. One of the most exciting developments is the use of stablecoins as collateral for high-value crypto loans. This method offers a new level of flexibility and security for those who want to unlock liquidity without selling their assets. What Are Stablecoins? Stablecoins are digital currencies that are designed to maintain a stable value. They are usually pegged to traditional fiat currencies like the US dollar, euro, or British pound. Popular examples include USDT (Tether), USDC (USD Coin), and BUSD (Binance USD). Because their value…

Nairobi Residents Face Eviction Over Ruto’s Affordable Housing Project Tensions are running high in Nairobi’s Makongeni Estate as residents rise up against what they describe as sudden and unclear plans to evict them from their homes. The government plans to clear the area for an affordable housing project, which is part of President William Ruto’s flagship initiative to tackle the housing crisis in Kenya. Most of the residents in Makongeni are descendants of former workers of the Kenya Railways Corporation. They say they were caught off guard by an ongoing government-led enumeration exercise meant to identify those eligible for relocation…

Government Seeks Ksh50 Billion Loan From Kenyans Through Treasury Bonds The Kenyan government is looking to raise Ksh50 billion from citizens by issuing new treasury bonds, as the 2025/26 financial year officially kicks off. In a public notice released on Wednesday, the Central Bank of Kenya (CBK) announced that the funds will go toward supporting the national budget. The CBK said the Ksh50 billion target will be met through a bond sale involving two long-term fixed-rate bonds: a 20-year and a 25-year bond. The bond auction, which began on June 24, will run until July 9, 2025. The fixed interest…

Kenya Airways (KQ) has announced a major drop in airfares, giving travelers a chance to enjoy discounted flights on both local and international routes. In a statement released on Wednesday, July 2, the national airline revealed that it is offering a 20% discount on tickets to 13 popular African cities. At the same time, travelers flying within Kenya can enjoy a 15% discount on flights to Nairobi, Mombasa, and Kisumu. “Get 20% off selected destinations—whether you’re dreaming of calm beaches or the exciting energy of a busy city. Picture trading your daily routine for the peaceful sound of waves or…

Eucabeth Adhiambo Ojwang, the mother of the late Albert Ojwang, has emotionally recalled the last moments she spent with her son before he was arrested by police officers in Homa Bay County on June 7. Speaking during his requiem service held on Wednesday, July 2, at Ridgeways Baptist Church, a visibly heartbroken Eucabeth narrated how the police stormed their home at a time when Albert was just about to eat a meal she had lovingly prepared for him. She described the terrifying moment the officers arrived, saying her son began trembling with fear. When she asked him what was going…

A petition has been officially submitted to the High Court seeking the removal of Roads and Transport Cabinet Secretary Kipchumba Murkomen from office. The petition was filed on July 2 by several civil society organisations, including the Katiba Institute, Kenya Human Rights Commission (KHRC), the Independent Medico-Legal Unit (IMLU), and others, who argue that Murkomen is no longer fit to serve in public office due to his controversial “shoot-to-kill” directive. In a joint statement, the organisations said that the Cabinet Secretary’s comments amounted to incitement to violence and the promotion of unlawful acts, which they argue go against the ethical…