Author: Editor

Opposition Demands Murkomen’s Immediate Resignation or Face Impeachment Over Shoot-to-Kill Remarks Opposition leaders have demanded that Interior Cabinet Secretary Kipchumba Murkomen resign without delay, warning that he will otherwise face impeachment following his controversial shoot-to-kill directive. During a visit to Githurai, where they met the family of Boniface Kariuki—a hawker who was recently killed—the opposition leaders, including Kalonzo Musyoka and Eugene Wamalwa, strongly criticized Murkomen’s statements. They declared that his directive was reckless and dangerous, and said he must leave office or be forced out through an impeachment process. “Mr. Murkomen, if you have any sense of responsibility as the…

A heartbreaking update has been shared by activist Hanifa Adan, revealing that a 14-year-old girl who had been injured during the June 17 protests has sadly passed away while receiving medical treatment. Hanifa announced the news on her social media platforms on Tuesday, July 1, stating that the girl was admitted to the Intensive Care Unit (ICU) at Our Lady of Mercy Hospital, where she eventually succumbed to her injuries. “Sadly, the 14-year-old girl who had been in the ICU at Our Lady of Mercy Hospital after getting injured in the protests has passed away,” Hanifa wrote in her post.…

Cryptocurrency Tax Planning Strategies for High-Net-Worth Individuals in 2024 The cryptocurrency space has seen massive growth in recent years, attracting not just everyday investors but also high-net-worth individuals (HNWIs) seeking to diversify and grow their wealth. While the promise of high returns is appealing, it’s equally important to understand the tax responsibilities that come with trading or holding digital assets. The IRS has outlined unique tax rules for cryptocurrency, and for individuals with substantial portfolios, staying informed and proactive is key. This comprehensive guide offers a deep dive into the complexities of crypto taxation, specifically curated for high-net-worth investors. We’ll…

As cryptocurrencies become more mainstream, high-net-worth investors are increasingly exploring crypto loans as a way to unlock liquidity without selling their digital assets. These loans offer unique tax advantages—but only when managed strategically. Understanding how crypto loan tax rules work can help wealthy investors reduce their tax liability while preserving long-term wealth. What Are Crypto Loans? Crypto loans allow you to use your digital assets like Bitcoin, Ethereum, or stablecoins as collateral to borrow fiat currency or other crypto assets. You keep ownership of your crypto while accessing immediate cash or other assets—often without needing to sell your holdings. This…

In today’s digital finance world, people are looking for ways to grow their money without relying on traditional banks. Two popular options have emerged: DeFi (Decentralized Finance) and CeFi (Centralized Finance) lending platforms. Both offer the chance to earn interest on crypto assets, but they operate very differently. This article compares DeFi and CeFi lending, explores how each works, and breaks down the techniques investors use to maximize their returns. Understanding DeFi Lending DeFi lending involves peer-to-peer lending powered by blockchain technology, usually without a central authority. Platforms like Aave, Compound, and MakerDAO allow users to lend or borrow crypto…

Petition Filed to Disbar Kindiki and Murkomen Over Alleged Human Rights Violations A petition has been filed with the Law Society of Kenya (LSK) seeking to have Deputy President Kithure Kindiki and Interior Cabinet Secretary Kipchumba Murkomen removed from the Roll of Advocates. The petition was filed by a Kenyan lawyer, Kepha Ojijo, who claims that both public officials have violated the Constitution and the oaths they took to uphold the law and protect the rights of citizens. Ojijo argues that Kindiki and Murkomen, both of whom are licensed advocates, have failed to respect the rule of law and have…

Mosiria Responds to Babu Owino Over Nairobi CBD Hawker Evictions Nairobi County’s Chief Officer for Environment, Geoffrey Mosiria, has strongly responded to Embakasi East Member of Parliament Babu Owino following the controversial eviction of hawkers from pedestrian walkways in Nairobi’s Central Business District (CBD). The public debate began on June 27, when a video circulated online showing Mosiria in a heated exchange with two hawkers selling oranges near the iconic National Archives area in Nairobi CBD. The video captured a tense moment between Mosiria and the hawkers, who firmly refused to leave the walkway, despite clear warnings from the county…

The Director of Criminal Investigations (DCI), Amin Mohammed, has stated that activist and blogger Ndiangui Kinyagia is not being held by the police. Speaking to the media on Monday, June 30, outside DCI headquarters, Amin denied claims that Kinyagia, who has been missing for several days, was in the custody of law enforcement agencies. Kinyagia has been widely known online as one of the organizers behind the recent Gen Z commemoration protests. Reports had emerged suggesting that he may have been abducted by state agents, but the DCI boss firmly dismissed those allegations, saying that the activist is not under…

Government Speaks on Possible Arrest of Gachagua Over June 25 Violence The government has made it clear that former Deputy President Rigathi Gachagua could be arrested and prosecuted like any other Kenyan citizen if he is found to have played a role in the chaos that broke out on June 25. This was confirmed by the Director of Criminal Investigations (DCI), Amin Mohammed, during a press briefing held on Monday, June 30. Speaking five days after the protests turned violent in different parts of the country, Amin addressed the possibility of Gachagua facing legal action if found to be linked…

KRA Extends Tax Filing Deadline by 24 Hours to Ease Pressure on Taxpayers Thousands of Kenyans now have a reason to celebrate after the Kenya Revenue Authority (KRA) announced a 24-hour extension for the annual tax return filing deadline. The extension comes as a huge relief to many taxpayers who were at risk of penalties due to delays. Initially, the deadline was scheduled to expire at midnight on Monday, June 30, 2025. However, following technical issues that affected the iTax system during the final day of filing, KRA has extended the deadline to midnight on Tuesday, July 1, 2025. In…