Author: Editor

When you’re learning about forex trading, you’ll often come across terms like pips, points, pipettes, and lots. These are important to understand because they help you know how much money you can gain or lose in a trade. Let’s break down these concepts in a simple and detailed way, and yes, we’ll do a little math—but don’t worry, it’s not hard. What Exactly Is a Pip? In forex, the word “pip” stands for “percentage in point” or “price interest point.” A pip is the standard unit used to measure the change in value between two currencies. Let’s say the EUR/USD…

Starting a business often requires a lot of money. For many entrepreneurs, the first option is to raise funds by giving investors a share of their company. This is called equity financing. While it’s a common way to raise capital, it also means giving up part of your ownership—and possibly control—of the business. But thanks to new developments in finance, crypto loans are becoming a powerful tool that allows entrepreneurs to raise money without giving up equity. What Are Crypto Loans? Crypto loans are a type of loan where you use your cryptocurrency as collateral to borrow money. Instead of…

As the world of cryptocurrency continues to grow, so does the need for strong security measures—especially in crypto lending. One powerful tool that has become essential in protecting funds is the multi-signature wallet, often called a multi-sig wallet. This technology is helping to make crypto lending more secure and trustworthy for both lenders and borrowers. What is a Multi-Sig Wallet? A multi-sig wallet is a type of digital wallet that requires more than one private key to approve a transaction. Instead of allowing a single person full control over the wallet, it spreads that control among multiple parties. For example,…

Multi-signature wallets, also known as multi-sig wallets, are an important feature in the cryptocurrency world. They are designed to boost the security of digital assets and allow multiple people to manage the same crypto wallet. This guide explains what multi-signature means, why it’s important, how multi-sig wallets work, and the benefits, challenges, and real-world uses of this technology. Whether you’re an investor, a crypto enthusiast, or part of a business handling digital currency, this article will help you understand how multi-sig wallets can protect your funds and stop unauthorised access. What is Multi-signature? Multi-signature, or multi-sig for short, is a…

Former chairman of the Kenyatta International Convention Centre (KICC), Irungu Nyakera, has raised serious concerns about the direction Kenya is heading, warning that the country is at risk of being governed through force rather than by the rule of law. He blames this on what he describes as a weak and compromised Parliament under President William Ruto’s leadership. Speaking on Wednesday, April 16, Nyakera strongly criticized the continued attacks on Kenya’s judiciary, which he described as the only arm of government still standing firm and working independently. “For Kenya to function properly, the three arms of government—Executive, Judiciary, and Parliament—must…

The National Assembly has approved the Excise Duty (Amendment) Bill, 2025, which seeks to remove excise tax on certain imported goods. This decision marks a big shift in tax policy, especially for the energy sector, as it targets items like fully assembled electric transformers that had been previously taxed. Transformers were first subjected to excise duty under the Tax Laws (Amendment) Act, 2024. The aim at the time was to promote the local assembly and manufacturing of transformers, which are essential in power distribution. However, this plan did not work as intended. Instead of boosting local production, the 25 per…

Gunman Fires Shots at Eastleigh’s Yare Towers, Escapes in Private Vehicle – Panic Grips Business Hub There was panic and confusion on Tuesday evening in Eastleigh, one of Nairobi’s busiest commercial areas, after a man opened fire outside Yare Towers before fleeing the scene. According to videos obtained by Newshub.co.ke, the man was seen drawing a pistol and firing at least three gunshots before quickly getting into a waiting vehicle and speeding off. The situation quickly turned chaotic, with people seen running for their lives in fear. Several businesses operating around the area were forced to close down immediately as…

Tragedy in UAE: Three Kenyans Confirmed Dead in Sharjah Tower Fire Three Kenyans have tragically died following a massive fire that broke out in a 52-storey residential building in Sharjah, United Arab Emirates (UAE) on Sunday. The Diaspora Affairs Principal Secretary, Roseline Njogu, officially confirmed the sad news through a statement shared on her social media platforms on Tuesday evening. According to PS Njogu, a total of five people lost their lives in the incident, including the three Kenyans. She expressed deep sorrow and extended her heartfelt condolences to the grieving families who have lost their loved ones in the…

How WhatsApp Status Alerted DCI and Led to Arrest of Two Kenyan Women On Tuesday, April 15, detectives from the Directorate of Criminal Investigations (DCI) arrested two women after a disturbing WhatsApp status update went viral. One of the women was seen posing with a gun while issuing a bold warning to any man thinking of breaking up with her. According to a detailed report from the DCI, the operation was carried out by detectives from both the DCI and the Crime Research and Intelligence Bureau based in Nyando. Their investigations led them to the home of the woman behind…

Super Metro CEO Nelson Nduki has announced that the 269 drivers the sacco has been ordered to dismiss will eventually be rehired after undergoing a fresh vetting process. Speaking to Newshub.co.ke on Tuesday, April 15, Nduki explained that the affected drivers would first be disengaged from duty, taken through a mandatory retest, and then brought back on board. He emphasized that the process is a temporary measure aimed at meeting the court’s requirements. He assured commuters and stakeholders that the sacco’s day-to-day operations will not be disrupted by the decision, since Super Metro has enough drivers to cover all routes…