Author: Editor

What Kenyans Will Be Required to Do for the New Ksh97 Billion World Bank Loan The World Bank has confirmed that Kenya must meet several strict conditions before it can access a new loan amounting to about Ksh97.12 billion. One of the key requirements is the full implementation of a new digital government procurement system known as the Electronic Government Procurement (eGP). This system was officially launched on Monday by Treasury Cabinet Secretary John Mbadi. Under this new arrangement, any Kenyan interested in doing business with the government must use the eGP platform. This includes applying for government tenders, submitting…

Cryptocurrencies have changed how people handle money across the world, especially in countries like Nigeria, Kenya, and India. One of the most popular digital assets is USDT (Tether) – a stablecoin that is tied to the US dollar. What makes USDT special is that its value stays stable, unlike Bitcoin or Ethereum. And now, many people are using USDT not just for trading, but also for borrowing loans instantly. In this article, we’ll explore what USDT loans are, how they work, and the best apps you can use to borrow USDT instantly in Nigeria, Kenya, and India. What is a…

As the world of cryptocurrency keeps growing and changing, the need to protect digital assets from loss or theft is becoming more important. That’s where crypto insurance comes in. This is a new and evolving form of insurance designed to reduce the risks that come with owning and trading digital currencies. In this article, we’ll explain what crypto insurance is, the types of coverage it offers, why it’s needed, the challenges it faces, and what the future might look like. For anyone involved in the crypto space—whether a beginner or a seasoned investor—understanding crypto insurance can help improve your security…

In the fast-changing world of cryptocurrency, one common challenge for investors is how to access cash without selling their crypto holdings. Many people hold onto their crypto assets for long-term gains or due to unfavorable market conditions, but they might still need cash for personal or investment reasons. This is where crypto borrowing becomes useful. It offers a smart way to get liquidity while still keeping ownership of your digital assets. In this article, we’ll break down what crypto borrowing is, how it works, its benefits, and how you can use your crypto as collateral to get loans in cash…

Former Minister John Koech Passes Away John Koech, a former Cabinet Minister in Kenya, has died. Koech was well known for his role in government, especially during President Mwai Kibaki’s administration. He held the position of Minister for East African Regional Cooperation between 2006 and 2007. Prior to that, he served as the Minister of Public Works from 1988 to 1989 under the late President Daniel arap Moi. He holds the distinction of being the longest-serving Member of Parliament for Chepalungu Constituency. His time in office spanned two separate terms—from 1979 to 1990, and later from 2003 to 2007. Born…

The Government of Kenya has secured significant funding from the African Development Bank (AfDB) to support the third phase of the Last Mile Connectivity Project (LMCP), which aims to connect thousands of households and businesses to the national electricity grid. Kenya Power, the country’s primary electricity distributor, confirmed that the new grant will help provide electricity access to over 150,001 new connections. These will include households, public institutions such as schools and health centers, and small to medium-sized businesses across 45 counties nationwide. Joseph Siror, the Managing Director and CEO of Kenya Power, expressed optimism about the impact of the…

The Ministry of Health has officially confirmed that 97 people have been infected and six have died following a cholera outbreak reported in different parts of the country. In a statement released on Tuesday, April 8, Health Cabinet Secretary (CS) Aden Duale stated that the outbreak had been recorded in three counties—Migori, Kisumu, and Nairobi—by Sunday, April 6. In Nairobi County, health authorities have confirmed 12 cases and one death. The most affected areas within the city include Kasarani, Embakasi East, Embakasi Central, Roysambu, Kibra, and Dagoretti South. Migori County has reported the highest number of infections so far, with…

ODM Warns Members of Expulsion After Violent Incident During Elections The Orange Democratic Movement (ODM) has issued a strong warning to individuals planning to interfere with its ongoing grassroots elections, following a violent incident where a man was attacked and seriously injured. On Tuesday, April 8, ODM’s Secretary for Communication and Publicity, Rahab Robi, released a statement emphasizing that anyone found disrupting the party’s electoral process will face severe consequences, including being removed from the party entirely. Robi highlighted the importance of maintaining discipline during the elections, urging all ODM members to act responsibly and respect each other’s choices. “Party…

Tension and violence erupted at the Machakos County Assembly following the controversial impeachment of Speaker Anne Kiusya. The situation turned chaotic as Members of the County Assembly (MCAs) loyal to Kiusya clashed with those supporting her removal. The division comes amid growing speculation of an ongoing plan to impeach Governor Wavinya Ndeti. The conflict deepened after Deputy Speaker Stephen Mwanthi publicly accused Speaker Kiusya of mismanaging public funds and failing to account for how money has been spent within the Assembly. “For more than two and a half years, the Speaker has not provided any explanation or documentation showing how…

Kenyans will continue benefiting from more affordable loans over the next two months after the Central Bank of Kenya (CBK) once again lowered the base lending rate. This marks the fifth time the CBK has cut the rate since August 2024. In a report released on Tuesday, April 8, the CBK’s Monetary Policy Committee (MPC) announced that it had reduced the base lending rate by 75 basis points—from 10.75% to 10.00%. CBK Governor Dr. Kamau Thugge explained that the move was aimed at encouraging commercial banks to increase lending to businesses and individuals. This, he said, would help boost economic…