Author: Editor

Stock investing is one of the most effective ways to build wealth over time. However, for beginners, it can seem complex and overwhelming. This guide will help you understand the basics of stock investing, how it works, and the key factors to consider before putting your money into the stock market. What is Stock Investing? Stock investing involves purchasing shares of a company with the expectation that their value will increase over time. When you buy a stock, you become a partial owner of that company. If the company performs well, the value of your stock rises, allowing you to…

My journey into crypto trading began during the pandemic when a friend introduced me to Binance. At first, I was curious, so I took the time to learn about cryptocurrency and trading. I also explored different crypto trading platforms to compare their features. After careful consideration, I decided to stick with Binance. One of the main reasons was how fast and easy it was to deposit and withdraw funds, especially in my local currency. Another reason I chose Binance was its user-friendly interface, which made it simple to navigate. The platform also offers a wide variety of trading pairs, making…

A new approach to crypto loans is emerging, offering borrowers protection from liquidation risks. MYSO Finance has developed a unique protocol that allows users to take out crypto-backed loans without worrying about sudden liquidations. But how do these Zero-Liquidation Loans (ZLLs) actually work? Understanding Crypto Loans and Their Importance Crypto loans play a significant role in the digital asset market, much like Lombard loans do in traditional banking. With over $15 billion in Total Value Locked (TVL) as of October 2022, platforms like Maker, Aave, and Compound have become dominant in the decentralized lending space. These platforms operate on a…

Cryptocurrency holders often seek ways to access liquidity without selling their assets. One effective method is borrowing stablecoins against your crypto holdings. This allows you to maintain your investment while securing funds for expenses, trading, or other financial needs. Here’s a step-by-step guide on how to do it. 1. Understand Crypto-Backed Loans Crypto-backed loans allow you to use your digital assets as collateral to borrow stablecoins such as USDT, USDC, or DAI. Unlike traditional loans, these do not require credit checks since your crypto holdings act as security. 2. Choose a Lending Platform Several platforms offer crypto-backed loans, including: 3.…

Do you want to improve your credit score fast? By making a few smart financial decisions and adjusting your money habits, you can give your credit score a quick boost. This is especially useful if you’re new to credit or if your score is lower than you’d like. The first step is understanding what’s affecting your credit score. Get free copies of your credit reports and check for any issues that might be pulling your score down. Look for late payments, high credit card balances, or even mistakes on your report. If your credit history is limited, you’ll need strategies…

Kenya Backs Global Carbon Tax on Shipping to Combat Climate Crisis Kenya has thrown its support behind a new global carbon tax targeting shipping activities as part of the ongoing fight against climate change. The country believes the tax will help reduce harmful emissions that contribute to the global climate crisis. Speaking on Tuesday, March 25, Kenya’s Special Envoy for Climate Change, Ambassador Ali Mohammed, confirmed the nation’s backing of the initiative. He emphasized that Kenya is among the countries that suffer the most from climate change despite contributing very little to the problem. Mohammed pointed out that the primary…

Kenyan Man on Death Row in Saudi Arabia to Return Home After Ksh 129.5 Million Settlement A Kenyan man, Stephen Munyakho, who was facing execution in Saudi Arabia, will finally return home after the Muslim World League stepped in and paid a settlement to secure his release. This was revealed by United Democratic Alliance (UDA) Secretary-General Hassan Omar during an Iftar dinner hosted by President William Ruto at State House on Tuesday. Omar explained that Munyakho’s freedom was made possible through successful negotiations involving the governments of Kenya and Saudi Arabia, alongside the Muslim World League. The intervention led to…

President William Ruto had a phone conversation with United States Secretary of State Marco Rubio on Tuesday night, focusing on the escalating political instability in Eastern Africa. According to details from the US Bureau of African Affairs, their discussions centered on regional security, particularly the deteriorating situations in Somalia and South Sudan. The unrest in these nations has sparked fears that instability could spread to neighboring countries, further deepening the crisis. During the call, Secretary Rubio commended President Ruto for his leadership as the Chairperson of the East African Community (EAC). He praised Kenya’s efforts in promoting peace through dialogue…

Blow to Waititu as Court Rejects His Plea for Freedom Former Kiambu Governor Ferdinand Waititu has suffered yet another setback after a High Court ruling ordered him to remain in custody for another month. The decision was delivered by High Court Judge Lucy Njuguna, who ruled that Waititu will stay behind bars until April 23, when the court will decide whether he can amend his appeal. Waititu had filed a fresh application on Tuesday, March 18, seeking to be released on bond as he continues to serve his jail term. However, his request comes amid an ongoing appeal challenging his…

Popular media personality Vincent Mwasia Mutua, better known as Chipukeezy, has been appointed as the Assistant Director of Protocol and Events in the Office of the President. The announcement was made on Wednesday, March 26, by Dennis Itumbi, the Head of Presidential Special Projects and Creative Economy. Itumbi congratulated Chipukeezy on his new role and expressed confidence in his ability to serve effectively. “Congratulations, Chipukeezy, on your appointment as Assistant Director, Protocol and Events in the Executive Office of the President!” Itumbi stated. Quoting a Bible verse, Habakkuk 2:3, he added, “May you serve with unwavering focus and passion as…