Author: Editor

The Kenyan government, through the Betting Control and Licensing Board (BCLB), has suspended all forms of gambling advertisements across every media platform in the country. This move comes in response to the growing concern over the rising rates of gambling and addiction, particularly among the youth and other vulnerable groups. In a statement released on Tuesday, April 29, BCLB Chairperson Jane Mwikali announced that the ban will remain in place for 30 days. During this period, no gambling-related ads will be allowed on television, radio, newspapers, magazines, social media platforms, or outdoor displays like billboards. The ban also includes branded…

As cryptocurrency continues to evolve, a new trend is gaining attention — crypto loans backed by real-world assets (RWA). These loans aim to combine the speed and innovation of crypto with the stability of traditional finance. But the big question many investors are asking is: how safe are they? Let’s dive into what RWA-backed crypto loans are, how they work, and the risks and benefits you should consider before getting involved. What Are Crypto Loans Backed by Real-World Assets? Crypto loans typically involve borrowing digital currency by providing crypto as collateral. However, loans backed by real-world assets go a step…

The cryptocurrency world, famous for its unpredictable nature, has once again been hit by a major crash. This sharp decline has wiped out billions of dollars from the overall market value, causing widespread panic among investors and traders. Many are now left wondering — what triggered this downfall, and what does the future hold for digital currencies? Main Reasons Behind the Crypto Market Crash Several key factors have played a role in the latest crypto market slump. These include global economic issues as well as internal problems within the crypto industry itself. 1. Tighter Regulations from Governments One major reason…

Manyatta Member of Parliament, Gitonga Mukunji, has called on the government to respond urgently to the British Broadcasting Corporation (BBC) documentary by not only investigating the matter but also producing its own detailed documentary about what happened during the Gen Z protests last year. While speaking at a public event on Monday, April 28, Mukunji criticized the government, describing it as “shameful” that international media outlets are doing thorough investigations into the protests while the government remains silent and unwilling to conduct serious inquiries. “I strongly condemn the fact that up to now, there has been no proper investigation to…

The Transport Licensing Appeals Board (TLAB) has officially announced the immediate suspension of Acacia Shuttle Sacco, which operates on the Kisumu routes. In a statement issued on Monday, April 28, TLAB confirmed that it had upheld the decision to suspend Acacia Shuttle Sacco, following a recommendation made by the National Transport and Safety Authority (NTSA). As a result of this suspension, all matatus belonging to the Sacco have been ordered to halt their operations without delay. “The Board has upheld the suspension of Acacia Shuttle Sacco vehicles (E033/24), operating on Kisumu routes, as was earlier recommended by the NTSA. Effective…

Two traders based in Nairobi have landed in serious trouble after being caught in two separate but very similar tax evasion schemes. According to the Kenya Revenue Authority (KRA), the two individuals tried to dodge paying taxes by fraudulently using other people’s KRA Personal Identification Numbers (PINs). After conducting investigations, KRA revealed that both suspects attempted to manipulate the tax system by transferring their tax responsibilities onto innocent companies that were not involved. In the first case, a female suspect was found guilty of presenting a fake KRA PIN to her clearing agent. Her plan was to have her imported…

Ruto Surprises Nation by Granting Amnesty to Dozens President William Ruto has granted clemency to 56 Kenyans and one foreign national who had been serving long-term jail sentences in different prisons across the country. In a statement released on Monday, April 28, the Head of Public Service, Felix Koskei, confirmed that the president approved the conditional release of 31 inmates who were serving life sentences, along with remission and release for another 25 individuals. Koskei explained that the foreign national pardoned is a citizen of the East African Community (EAC) and was given conditional release and repatriation. In addition to…

Interior Cabinet Secretary Kipchumba Murkomen has finally spoken out following the deadly clashes that took place between police officers and civilians in Angara Barrikoi, Narok County. Describing the incident as tragic and deeply regrettable, Murkomen confirmed that investigations had been launched to uncover the full sequence of events that led to the violent confrontation between law enforcement and the local community. The CS, who spent most of his day working with security teams from regions frequently troubled by banditry, revealed that five police officers suffered serious injuries during the chaos. These injuries were allegedly caused by civilians attacking the officers.…

Cryptocurrency staking has grown from a small, specialized concept into a major part of how blockchain networks stay secure. But traditional staking often comes with a major downside — your crypto gets locked up for long periods, making it unavailable for other uses. This is where liquid staking comes in, offering a revolutionary new way for crypto users to stake their assets without losing access to them. In this guide, we’ll break down what liquid staking is, how it functions, and why it’s transforming the decentralized finance (DeFi) space. But first, let’s quickly cover the basics of staking. What Is…

The creator economy has been one of the fastest-growing industries in recent years, and its momentum is only increasing. In 2021 alone, more than 50 million content creators — including influencers, bloggers, TikTokers, Instagram personalities, YouTubers, game streamers, and many others — helped build a market valued at an astonishing $104.2 billion. Today, being a creator doesn’t always mean inventing something brand new. You can now make a living by simply reacting to other people’s videos. The opportunities for creators are endless, and industries that support them — like tools for easier content creation, systems for protecting ownership rights, and…