Author: Editor

Government Spokesperson Isaac Mwaura has announced that the Kenyan government is stepping up its efforts to fight gambling addiction by enforcing stricter laws and regulations. Speaking on Wednesday, April 23, Mwaura explained that the government, through the Betting Control and Licensing Board (BCLB), is working closely with Parliament to review and strengthen current gambling laws. Mwaura said the BCLB is fast-tracking the Gambling Control Bill, 2023, which aims to modernize the outdated laws that govern betting activities in the country. This move is largely focused on boosting regulation of online betting platforms, which have grown rapidly and are seen as…

Members of Parliament in Kenya have launched a serious inquiry into the country’s prison system following troubling reports of widespread scams being run from within correctional facilities. The lawmakers are now calling for urgent reforms to clean up the system and restore public trust. During a heated session on Wednesday, April 23, with officials from the Kenya Prisons Service, MPs strongly questioned the leadership over several pressing issues. These included rising cases of fraud inside prisons, poor living conditions, lack of transparency, and weak internal controls. Tiaty MP William Kamket voiced one of the biggest concerns, warning that scams conducted…

How Kenyans Can Audition for ‘Echoes of War’ Stage Play Kenyan playwright Cleophas Malala has officially opened up auditions for his much-talked-about stage play, Echoes of War, inviting talented Kenyans to take part in the upcoming production. The audition announcement follows recent controversy surrounding the play, which was originally meant to be performed by students at Butere Girls High School. However, it was met with backlash from certain leaders who felt that the storyline touched on politically sensitive issues. In a public statement, Malala revealed that the auditions would run from April 22 to May 5. He encouraged all aspiring…

Nelson Havi Found Guilty Over Defamatory Statements on Social Media The Advocates Disciplinary Tribunal has found former Law Society of Kenya (LSK) President, Nelson Havi, guilty of professional misconduct after he made defamatory statements against Allen Gichuhi, also a former LSK president. The accusations stem from social media posts Havi made on his X account and remarks during a television interview on July 12 and 13, 2021. In its ruling, the tribunal stated that Havi’s comments were inappropriate, disrespectful, and harmful to the reputation of the legal profession. Given his leadership role at the time, his conduct was considered particularly…

The Central Bank of Kenya (CBK) has announced plans to move away from the current Risk-Based Credit Pricing Model (RBCPM), which has been in place for the last five years. This shift aims to create a fairer and more transparent loan pricing system for Kenyans. In an official statement released on Wednesday, April 23, the CBK stated that it was time to re-evaluate the existing model to determine if it still fits the needs of Kenya’s changing banking environment. The RBCPM was first introduced in 2019 through a partnership between CBK and the banking sector. It was designed to tackle…

In recent years, the landscape of crypto lending has experienced significant transformations, particularly with the introduction of synthetic assets. These innovative digital assets are creating new possibilities and changing the way collateral is used in lending platforms. But what exactly are synthetic assets, and how are they revolutionizing the crypto lending world? Let’s break it down. What Are Synthetic Assets? Synthetic assets are blockchain-based financial products that represent real-world assets like stocks, commodities, or even other cryptocurrencies. They allow users to gain exposure to these assets without actually holding the physical or original asset itself. Instead, synthetic assets are created…

The pursuit of a better financial system has always been a driving force behind innovation, and decentralized finance (DeFi) is a direct result of this ongoing search. DeFi operates on a decentralized framework, utilizing peer-to-peer networks and self-executing smart contracts, effectively eliminating the need for traditional intermediaries like banks and brokers. This approach makes financial services more inclusive and democratic. As DeFi gains popularity, new types of assets are emerging, and synthetic assets have emerged as one of the most significant among them. Looking ahead, synthetic assets are set to meet the needs of a broader user base in the…

Starting or growing a family through in-vitro fertilization (IVF) can be a beautiful but expensive journey. With the average IVF cycle costing between $10,000 and $30,000, many hopeful parents turn to IVF loans for financial assistance. Whether you’re looking for medical loans or general personal loans for IVF, this guide will walk you through the best options available in 2025, including fast approval, flexible repayment terms, and even options for bad credit. Quick Overview: Best Loans for IVF in 2025 Loan ProviderBest ForLoan AmountKey BenefitsSuper Personal FinderBest Overall for IVF Loans$1,000 – $50,000Wide lender network, fast approvals50kLoansLarge Loan AmountsUp to…

Finding emergency loans can be stressful, especially if you have bad credit. But don’t worry — there are several trusted lenders offering fast funding, flexible terms, and even options for people with poor or no credit history. Below, we highlight the best emergency loan options for April 2025, including their benefits, downsides, and how to qualify. 1. Upgrade – Best Overall Loan for Bad Credit APR Range: 7.99% – 35.99%Loan Amount: $1,000 – $50,000Minimum Credit Score: 580Funding Time: As soon as 1 business day Upgrade is one of the best lenders for people with bad or fair credit. You can…

The Employment and Labour Court has directed the Standard Group to pay its former Chief Executive Officer (CEO), Orlando Lyomu, over Ksh34 million. According to a ruling issued by Justice Stella Rutto on April 9, the media company is expected to make the payment in twelve monthly instalments. This payment is part of a balance from an earlier judgment in October 2024, where the court had ordered the Standard Group to pay Lyomu a total of Ksh38 million. The amount includes salary arrears, six months’ salary in lieu of notice, unpaid leave days, and a bonus that was due for…