Author: Judith Mwaura

Inspector General of Police Douglas Kanja has recently addressed concerns regarding his repeated absences from court hearings. He acknowledged missing three consecutive court sessions and assured the public that he will not disregard court orders in the future. This statement comes after the High Court directed him and Directorate of Criminal Investigations (DCI) Director Mohamed Amin to produce four individuals who disappeared from Mlolongo in Machakos County. The court had set a deadline of January 13, 2025, for their appearance. The court’s directive followed an application by the Law Society of Kenya, which alleged that the individuals were unlawfully detained…

Nuru Okanga, a vocal political activist, and Kapseret Member of Parliament Oscar Sudi have been involved in a public dispute over financial assistance and housing promises. In August 2024, during an interview on Obinna TV, Sudi pledged to support Okanga with KSh 1.3 million to start a business and promised to buy him a three-bedroom house under the affordable housing program. However, by September 2024, Okanga expressed dissatisfaction with the fulfillment of these promises. He revealed that he had received only KSh 700,000 from Sudi, which he used to establish a posho mill business in his home locality. Okanga demanded…

A bizarre incident in Kenya has sparked debate after a Board of Management (BOM) teacher reportedly lost their job for leaving a classroom mid-lesson to watch a helicopter fly by. The unusual behavior, which occurred in a rural part of the country, left students and colleagues puzzled. The teacher was allegedly drawn outside by the sound of the helicopter, a rare sight in the region. Witnesses say the teacher ran out of the classroom, leaving students unattended, to catch a glimpse of the aircraft as it flew overhead. The incident raised concerns among school administrators about professionalism and commitment to…

What Is a Money Market Fund? A money market fund is a type of mutual fund that invests in short-term, highly liquid, and low-risk financial instruments. These investments typically include: Money market funds are designed to offer investors easy access to their money, minimal risk, and steady returns. These funds, also referred to as money market mutual funds, are insured by the Securities Investor Protection Corporation (SIPC) but not by the Federal Deposit Insurance Corporation (FDIC). It’s important to note that a money market fund is different from a money market account. Key Highlights of Money Market Funds How Money…

Students Cause Chaos at Principal’s Home, Destroy Property Teremi High School in Bungoma County was shut down indefinitely on Tuesday, January 21, following a chaotic student protest that erupted on Monday night. According to sources who spoke to newshub.co.ke, the unrest was sparked by frustrations over the school’s declining performance in the Kenya Certificate of Secondary Education (KCSE) examinations since the arrival of the current principal four years ago. In a dramatic turn of events, students stormed the principal’s residence, causing significant destruction to his property. Among the damaged items were his vehicle, which had its windscreen and windows completely…

Investing can feel overwhelming, especially for those starting out. With countless options and a fear of making mistakes, many new investors hesitate. But avoiding investments early can lead to financial regrets later. In fact, 22 percent of people cite not saving for retirement early enough as their biggest financial regret, according to Bankrate’s 2024 Financial Regret Survey. While investing in stocks and bonds involves risks, adopting a sound strategy can help reduce these risks and optimize returns. One of the easiest ways to start is through index funds, which offer exposure to the market’s leading stocks, providing diversification with just…

Transaction insurance plays a key role in M&A deals by reducing risks and helping facilitate negotiations. It is designed to cover financial losses resulting from unknown breaches in the seller’s representations and warranties, or tax indemnities, as outlined in the share or asset purchase agreements. This type of insurance is often chosen as an alternative to using escrow arrangements. In this article, we will explore the differences between US-style representations and warranties insurance policies (R&W Policies) and European-style warranty and indemnity insurance policies (W&I Policies). Understanding these differences is essential for US buyers to make an informed decision about whether…

The global forex market stands as the largest financial market, attracting traders from all over the world. This massive market offers plenty of opportunities to profit, making it appealing for both newcomers and experienced traders. However, with the ease of access—thanks to 24/7 availability, substantial leverage, and relatively low costs—many traders enter the forex market only to exit quickly due to losses and setbacks. To help you avoid the pitfalls and stay competitive, here are 10 key strategies to minimize your chances of losing money in forex trading. 1. Do Your Research Entering the forex market is easy, but that…

Introduction Over the past decade, cryptocurrencies have rapidly evolved from being a niche interest to becoming trillion-dollar technologies that have the potential to completely reshape the global financial landscape. A growing number of investors now hold Bitcoin and other cryptocurrencies as assets and use them to purchase various goods and services, including software, digital real estate, and even illegal substances. Cryptocurrency enthusiasts view these digital assets as a force for democratizing finance, taking power away from central banks and Wall Street. However, critics argue that cryptocurrencies are empowering criminal organizations, terrorist groups, and rogue nations while exacerbating inequality, experiencing extreme…

If you’re ever in a financial crunch and urgently need money to cover an unexpected expense, there are loan apps that can help. Whether you call them cash advance apps, payday loan apps, or borrow-money apps, these platforms offer quick access to funds for those in a financial pinch. While using these apps might provide a temporary solution, it’s important to keep in mind that borrowing money always comes with a cost. This could be in the form of fees or even fostering bad financial habits. Nevertheless, loan apps can be a helpful tool in an emergency. Here’s an in-depth…