Author: Judith Mwaura

Arbitrage is a strategy where investors buy and sell the same or similar assets in different markets simultaneously to profit from small differences in their prices. This method takes advantage of brief variations in the price of identical or nearly identical financial instruments across different markets or forms. Arbitrage arises because of market inefficiencies, and its purpose is to exploit and correct those inefficiencies. Key Points to Know About Arbitrage How Arbitrage Works Arbitrage can be used with almost any asset, but it is most common in highly liquid markets such as commodity futures, well-known stocks, or major foreign exchange…

NTSA Proposes New Safety Regulations for Boda Bodas Carrying School Children The National Transport and Safety Authority (NTSA) is pushing for stricter safety measures for boda boda riders transporting school children. Under the proposed Traffic (School Transport) Rules 2025, riders must ensure that children wear protective gear to enhance their safety. One of the key changes in the draft rules is that schoolchildren transported on motorcycles will not be allowed to carry hand luggage. Instead, all items must either be secured in a backpack or placed in a designated carrier on the motorcycle. “A motorcycle transporting schoolchildren should not carry…

Luke Opwora, a nominated Member of the County Assembly (MCA) in Bungoma County, was among four MCAs who forcibly removed the newly appointed principal of Friends School Kamusinga, Mr. Alex Maina, from his office. The group, which included Aggrey Mulongo (Kibingei ward), Elvis Abuka (Milima ward), and Stephen Wafula, disrupted school activities and halted the admission of Form One students. This action led to a directive from then-Interior Cabinet Secretary Fred Matiang’i for their immediate arrest. Subsequently, reports emerged that the MCAs had fled to Uganda to evade arrest. In December 2020, during a fundraiser at Christ the King Cathedral…

In a rural Kenyan community, a Board of Management (B.O.M) teacher was dismissed after abruptly leaving a classroom session to observe a helicopter flying overhead. This action, deemed unprofessional by the school’s administration, led to immediate termination on grounds of negligence. The teacher, however, has filed a lawsuit against the institution, alleging wrongful dismissal and asserting that the punishment was disproportionate to the act. The incident has ignited discussions about the working conditions of B.O.M teachers in Kenya. Unlike their government-employed counterparts, B.O.M teachers often face job insecurity, lower wages, and lack of benefits. These challenges can contribute to stress…

In September 2024, a tragic incident occurred in Akila Ng’ondu village, Igembe North Sub-County, Meru County, when an elderly man named Kimani Ntoithabu was trampled to death by marauding elephants. The elephants, believed to have strayed from Meru National Park, attacked his home early in the morning, destroying his house and killing him instantly. Residents had previously alerted the Kenya Wildlife Service (KWS) about the presence of these stray elephants, but no timely action was taken. This incident is part of a broader pattern of human-wildlife conflict in the region. In the same month, two elephants suspected to have strayed…

During court proceedings, two police officers, Constable Benson Kamau and Corporal Isaiah Murangiri, denied involvement in the fatal shooting of Rex Masai, a 29-year-old protester who died during the June anti-Finance Bill demonstrations in Nairobi. Masai succumbed to excessive bleeding after being shot in the thigh during the protests. Constable Kamau testified that on June 20, he was assigned to undercover intelligence duties near Museum Hill, away from the Central Business District (CBD), and did not discharge his firearm that day. He stated, “I never went to the CBD the entire week, nor did I fire any shots with my…

Senator Boni Khalwale has every reason to be grateful after his son, Tigana Khalwale, survived a serious road accident on Tuesday, February 4. This is not the first time the senator’s family has faced such a terrifying ordeal, as his children had previously been involved in another accident and lived to tell the story. In a heartfelt Facebook post shared on Wednesday night, the Kakamega senator revealed that his son was involved in a terrible crash at Ainabkoi, along the busy Eldoret-Nakuru Highway. Images from the accident scene show the car’s front section completely destroyed. The impact was concentrated on…

CBK Cuts Lending Rate, Offering Hope for Lower Loan Costs The Central Bank of Kenya (CBK) has reduced its benchmark interest rate by 50 basis points, bringing it down to 10.75%. This is the fourth consecutive time the CBK has cut the rate. Governor Kamau Thugge, in a statement, confirmed the decision to lower the Central Bank Rate (CBR) from 11.25% to 10.75%. This rate cut followed a meeting of the Monetary Policy Committee (MPC) on Wednesday, February 5. The MPC made the decision to reduce the rate because inflation is expected to stay below the 5% target in the…

Government Explains Why Some Kenyans Registered for SHA Are Still Unable to Access Services The government has explained why some Kenyans registered for the Social Health Authority (SHA) are still unable to access services. The Director-General for Health, Dr. Patrick Amoth, revealed on Wednesday, February 5, that the main reason for this issue lies in an important step being overlooked during the registration process. Dr. Amoth, speaking at a press briefing, provided an update on the ongoing implementation of the healthcare system. He shared that the registration number had nearly reached 19 million, a significant achievement. However, despite the large…

The government, through the Department of Immigration, has called on Kenyans who applied for the new generation identification cards to pick them up at the respective application centers where they submitted their requests. Julius Bitok, the Principal Secretary for Immigration, announced on Wednesday, February 5, that over 400,000 processed ID cards are still waiting to be collected from various centers nationwide. Bitok made this statement while addressing the media at Nyayo House in Nairobi, emphasizing that there are still many uncollected IDs despite the government’s efforts. Since the start of processing the new generation IDs, the government has successfully distributed…