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is a dedicated journalist specializing in current affairs and breaking news. She is passionate about delivering accurate, timely, and well-researched stories on politics, business, and social issues. Her commitment to journalism ensures readers stay informed with engaging and impactful news.
Decentralized lending protocols are systems built on blockchain technology that allow people to borrow and lend cryptocurrencies without involving traditional banks or financial institutions. These systems use smart contracts—self-operating pieces of code—that handle transactions automatically, ensuring trust, security, and transparency. Why Crypto Lending Platforms Matter Crypto lending platforms play a central role in DeFi (Decentralized Finance). They allow anyone with internet access to become a lender or borrower, cutting out intermediaries and reducing costs. Platforms like Aave, Compound, and MakerDAO respond to market changes in real time, unlike traditional banks that rely on outdated systems and strict approval processes. DeFi’s…
Looking to borrow USDT without selling your crypto? Whether it’s for trading, emergencies, or unlocking liquidity, crypto loan apps allow you to borrow stablecoins like USDT instantly using your crypto as collateral. Here’s a complete guide to the best platforms for borrowing USDT, with features, comparisons, and tips – all neatly arranged. ✅ Why Borrow USDT? AdvantageDescription🧊 Stable ValueUSDT is pegged to the U.S. Dollar, protecting against market volatility.💼 High LiquidityEasily traded or used across most crypto exchanges and wallets.⚡ Fast AccessLoan approvals and payouts are often processed within minutes.🛡️ Safe BorrowingKeeps your crypto holdings intact while accessing liquid funds.…
The crypto lending space has evolved dramatically, offering users more decentralized and privacy-focused options than ever before. Whether you’re HODLing Bitcoin or staking altcoins, crypto-backed loans can provide instant liquidity without selling your assets — and the best part? No credit checks required. Here’s a rundown of the top crypto loan platforms in 2025 that let you borrow against your crypto holdings without the need for traditional credit scores. 🔐 1. Aave (v4) Type: Decentralized | Collateral: ETH, WBTC, USDC, moreNo Credit Check: ✅ Aave continues to dominate the DeFi lending scene with its permissionless, trustless protocol. With Aave v4,…
The Kenya Revenue Authority (KRA) has officially announced new tax rates that will apply for the second quarter of 2025, specifically from April to June. These changes affect both the Fringe Benefits Tax and the Deemed Interest Tax. In a public notice issued on Tuesday, April 8, KRA stated that the current market interest rate—which is the rate borrowers pay when they take loans from financial institutions—has been set at 9% for this three-month period. This is in line with Section 12B of Kenya’s Income Tax Act. “For the purposes of Section 12B of the Income Tax Act, the Market…
On Tuesday, April 8, the Farmers Party announced its decision to part ways with the Kenya Kwanza coalition after issuing a formal 30-day notice to withdraw from the alliance. In a statement to the press, the party’s former leader, Irungu Nyakera, revealed the latest development, explaining that senior officials within the coalition had breached both the coalition agreement and the Kenyan Constitution. “Today, the Farmers Party has formally declared its departure from the Kenya Kwanza coalition,” Nyakera stated. He went on to explain, “Although we joined Kenya Kwanza in good faith on March 23, 2022, with the hope of working…
On Monday, April 7, U.S. President Donald Trump issued a stern warning to Kenya regarding what he termed as unfair trade practices. The warning, delivered through the U.S. Department of Trade, centered on Kenya’s decision to impose a 50 percent import tax on corn from the United States, alongside strict regulatory requirements that make it hard for U.S. exporters to access the Kenyan market. According to the U.S. Department of Trade, these measures have effectively locked out American corn exporters from a market that shows great potential for growth. “Kenya imposes a 50 percent tariff on U.S. corn imports and…
Following Lee Kinyanjui’s appointment as the new Cabinet Secretary for Trade, the Registrar of Political Parties, Ann Nderitu, has officially confirmed leadership changes within the Ubuntu Peoples Forum (UPF) party. This confirmation marks Kinyanjui’s removal from the party’s leadership, as he transitions into his new government role. According to a gazette notice issued by Nderitu, the leadership of UPF has been restructured. Samuel Kinya Rukahu has been announced as the new Party Leader and will now be responsible for guiding the party as it prepares for the 2027 general elections. Erick Mburu Murage will continue in his role as the…
Kakamega Governor Fernandes Barasa has carried out a significant reshuffle in his county government by announcing a fresh list of appointments aimed at improving service delivery across the county. In a Kenya Gazette Notice dated March 25, 2025, Governor Barasa stated that the new appointments were made under the authority granted by Article 179 (2)(b) of the Constitution and sections 30 and 31 of the County Governments Act, 2012. He also confirmed that the changes would take immediate effect. “Using the powers given to me by Article 179 (2)(b) of the Constitution, along with sections 30(2)(d), (e), and (l) of…
Kenyans will now have the opportunity to give their opinions on the 2025/2026 Finance Bill using WhatsApp, Molo Member of Parliament Kimani Kuria has announced. The MP, who also serves as the Chair of the National Assembly’s Finance Committee, made the revelation during an interview with NTV on Tuesday, April 8. Kuria explained that once the Finance Bill is officially presented in Parliament and moves to the public participation phase, the government will provide dedicated WhatsApp numbers that citizens can use to submit their feedback. This move is aimed at making the process more accessible and inclusive, especially for individuals…
Mombasa County to Enforce New Rules on Machete Ownership Mombasa Governor Abdulswamad Sheriff Nassir has announced that the county government is working on new laws to control the sale and possession of machetes, commonly known as pangas, in an effort to tackle the growing threat of criminal gangs such as the notorious “Panga Boys.” Speaking on Monday, April 8, in Mombasa, the governor revealed that he has already presented a proposal to the county cabinet seeking to amend the Mombasa County Public Nuisance Act. The proposed amendment aims to introduce strict regulations on who can sell and carry machetes in…
