Author: Editor

Chaos Erupts on Jogoo Road as Traders Protest Demolitions at Uhuru Market Transport on Nairobi’s busy Jogoo Road was thrown into disarray for several hours on Tuesday morning as furious traders took to the streets to protest planned demolitions at Uhuru Market. The demonstrations began at Uhuru Market, located just a short distance from Jogoo Road, before the angry traders decided to escalate their action by marching towards the major highway. “We must go to Jogoo Road and block it so that they will be forced to listen to us,” some of the traders were heard shouting as they mobilized…

Embakasi East Member of Parliament Babu Owino has made it clear that he has no issues with former Prime Minister Raila Odinga, despite Raila’s public endorsement of Nairobi Governor Johnson Sakaja. Speaking during an interview on Ramogi FM on Tuesday morning, Babu Owino reaffirmed his loyalty to the Orange Democratic Movement (ODM) party leader. He emphasized that, despite their differing political views, he would continue to support Raila and respect him as his leader. Babu dismissed speculations that he was planning any form of political retaliation against Raila. He insisted that his commitment to the ODM party remained unwavering and…

What Is a Gold-Backed Cryptocurrency? A gold-backed cryptocurrency is a type of stablecoin whose value is tied to the price of gold. The issuer of these digital tokens holds gold in reserve, and the token’s value corresponds to the quantity of gold it represents. Unlike traditional cryptocurrencies, which can be highly volatile, gold-backed tokens offer a more stable alternative. However, they are still subject to fluctuations in gold prices, making them less stable than stablecoins backed by fiat currency. Key Highlights The History of Gold-Backed Cryptocurrencies Stablecoins are a category of digital currencies designed to maintain price stability by being…

Bitcoin is widely recognized as a valuable asset, and many holders prefer to keep their BTC in cold storage for maximum security. However, there may come a time when you need liquidity without selling your Bitcoin. The good news is that some financial services allow you to borrow against your BTC while keeping it in cold storage. Here’s how you can do it. 1. Understand Bitcoin-Backed Loans A Bitcoin-backed loan lets you use your BTC as collateral to secure a loan without selling it. This can be useful if you need cash but want to keep holding your Bitcoin for…

In today’s digital era, the ability to buy gold using cryptocurrency marks a significant evolution in financial transactions. It combines the traditional value of precious metals with the cutting-edge convenience of digital currencies. This growing trend allows investors to diversify their assets while benefiting from the speed, security, and efficiency of cryptocurrency payments. The process of purchasing gold and silver with crypto not only bridges the gap between digital and physical investments but also offers advantages such as reduced transaction fees, increased privacy, and faster processing times. Understanding how to navigate this emerging market is essential for those looking to…

Staking your cryptocurrency is a great way to earn passive income, but what if you need liquidity without selling your staked assets? Fortunately, borrowing against your staked crypto allows you to access funds while still earning staking rewards. Here’s how you can do it. 1. Choose a Crypto Lending Platform Several platforms allow you to borrow crypto or stablecoins by using your staked assets as collateral. Popular options include: 2. Understand Collateralization Requirements Most lending platforms require you to deposit a certain percentage of your staked assets as collateral. This is known as the Loan-to-Value (LTV) ratio. For example, if…

In the fast-changing world of cryptocurrencies, many investors prefer a long-term approach known as HODLing—a term that originated from a misspelled forum post but has since become a core philosophy in the crypto community. HODLers believe in holding onto their digital assets despite market ups and downs, with the expectation that their value will increase over time. However, the challenge for many is how to make money from their crypto holdings without actually selling them. This guide explores several ways investors can generate profits while still keeping ownership of their cryptocurrencies. By using these strategies, HODLers can make the most…

MCAs Boycott Speech by CS Sent to Represent President Ruto Members of the County Assembly (MCAs) on Monday, March 17, staged a protest by refusing to listen to a speech delivered by Sports Cabinet Secretary Salim Mvurya during the 5th Legislative Summit, which was organized by the County Assemblies Forum (CAF). Mvurya had been sent as President William Ruto’s representative to address the gathering. However, as he began speaking, MCAs interrupted him with chants, demanding that the President himself attend the summit. They continuously shouted, “No Ruto, No Summit,” disrupting the session and forcing organizers to temporarily halt proceedings while…

Ruto Announces Major Changes for Police and KDF Officers President William Ruto has introduced significant changes to the medical treatment plans for police officers and Kenya Defence Forces (KDF) servicemen to enhance their welfare and access to healthcare. Speaking at State House, Nairobi, during the presentation of the National Police Service Commission (NPSC) Exit Report, Ruto revealed that officers will no longer be restricted to specific hospitals when seeking medical treatment. Under the new directive, police officers and KDF servicemen will have the freedom to choose medical facilities where they wish to receive treatment under the Universal Health Coverage (UHC)…

Government Cancels Advertising with Standard Group The Ministry of ICT has officially withdrawn all advertising campaigns with the Standard Group, citing administrative reasons. According to a letter obtained by Newshub.co.ke, Principal Secretary Edward Kisiang’ani removed the media house from a previously approved list of outlets selected for an upcoming government irrigation campaign. The letter, dated March 14, reversed a decision made just four days earlier on March 10 regarding the National Irrigation Sector Investment Plan (NISIP) campaign. Initially, the government had approved Standard Group, The Star newspaper, and Cape Media to participate in the campaign. However, the new directive excluded…