Author: Editor

Prices of Everyday Items Drop as Cost of Living Eases Prices of essential goods such as sugar, petrol, maize, white flour, and milk have dropped compared to last year, reflecting government efforts to ease the high cost of living under President William Ruto’s administration. Despite facing heavy criticism over rising living costs, the government has been working behind the scenes to stabilize prices and lower inflation. According to data analyzed by newshub.co.ke, inflation has significantly reduced from 6.3% in February 2024 to 3.5% in February 2025. This means that while prices are still rising, they are doing so at a…

Ruto Vows to Respect Raila in New Political Deal President William Ruto has assured former Prime Minister Raila Odinga of the respect he deserves, making an emotional promise during a significant political event on Friday, March 7. Speaking at the Kenyatta International Convention Centre (KICC) during the signing of a political cooperation agreement between the United Democratic Alliance (UDA) and the Orange Democratic Movement (ODM), Ruto pledged to uphold Raila’s dignity and ensure he is treated with honor. “I called my brother and told him, ‘You have been my party leader before, and you are my senior. Today, by God’s…

Shortly after signing a Memorandum of Understanding (MoU) with President William Ruto, former Prime Minister Raila Odinga has made fresh demands, urging the government to allocate more funds to counties and political parties. Speaking at the Kenyatta International Convention Centre (KICC) on Friday, Odinga insisted that counties should receive a minimum of Ksh 450 billion in the next financial year. He stated that he would table a proposal to ensure this funding is implemented, emphasizing that strengthening devolution is key to promoting balanced development across the country. Additionally, Odinga pushed for increased financial support for political parties, arguing that well-funded…

Tensions have escalated in Narok as residents took to the disputed Olkiombo land in protest following a court ruling that granted ownership to Narok Governor Patrick Ntutu’s brother, Livingstone Ntutu. The ruling, delivered on Thursday, March 6, by the Lands Court in ELC Case No. 21 of 2021, awarded 4,000 acres of land—previously claimed as community land—to Livingstone Ntutu. However, the decision sparked outrage among local residents, who stormed the land the following day to express their dissatisfaction. Protests Turn Chaotic as Residents Set Structures on Fire On Friday, March 7, angry Maasai community members invaded the land, burning down…

President William Ruto has denied allegations that he backed former Prime Minister Raila Odinga’s bid for the African Union Commission (AUC) Chairperson position as a strategy to sideline him from Kenyan politics. Speaking at the Kenyatta International Convention Centre (KICC) on Friday, March 7, during the signing of a Memorandum of Understanding with Raila, Ruto dismissed these claims as baseless rumours. The President clarified that his decision to support Odinga’s candidature was not driven by personal or political interests, nor was it an attempt to secure Raila’s endorsement for his own re-election in the 2027 general elections. Instead, Ruto emphasized…

President William Ruto and ODM leader Raila Odinga have reached a political cooperation agreement, but it is not a coalition. While this may seem like a minor distinction, the two concepts are vastly different in terms of structure and execution. Understanding Political Cooperation A political cooperation deal is an agreement between political parties, coalitions, or leaders to work together on specific issues or shared objectives. Unlike coalitions or party mergers, these agreements are usually more flexible, temporary, and do not require legally binding commitments. They allow parties to collaborate on common interests without necessarily forming a unified political front. This…

If the U.S. Department of Education were to shut down, private student loans could play a bigger role in helping students pay for college. Former President Donald Trump, who has promised to abolish the Education Department if re-elected, has raised concerns about what will happen to federal student loans. However, even if the department is dissolved, existing federal student loan debt is unlikely to disappear. Even if federal loans remain an option for students, potential changes to the student loan system—such as limits on borrowing and repayment plan modifications—could push more borrowers toward private loans. Key Takeaways Trump’s Plan for…

For the 2024–2025 academic year, the interest rate on federal undergraduate student loans is set at 6.53%. If you’re considering taking out a private student loan, it’s important to know that interest rates vary based on the lender, loan type, and whether the rate is fixed or variable. For instance, if you choose a fixed-interest loan from the lending marketplace Credible, your interest rate could range between 3.39% and 17.99%. Key Points to Note Understanding Private Student Loan Interest Rates Unlike federal loans, private lenders determine their interest rates based on a borrower’s credit history and financial profile. The interest…

When it comes to funding your college education, you have two primary options: federal student loans provided by the U.S. government or private student loans issued by banks, credit unions, and other financial institutions. Each type of loan has its own advantages and disadvantages, so it’s important to understand the key differences before making a decision. Key Takeaways Federal vs. Private Student Loans Private Student Loans Private student loans are issued by financial institutions such as banks, credit unions, and specialized student loan lenders. These loans can be used for a variety of educational expenses, including tuition, books, housing, transportation,…

The financial industry has been rapidly evolving with the introduction of blockchain technology. One of its most significant applications is in the loan sector, where automation powered by blockchain enhances both security and efficiency. By eliminating intermediaries, reducing fraud risks, and streamlining loan processing, blockchain automation is reshaping the lending landscape. 1. Enhanced Security in Loan Transactions Blockchain automation brings an unprecedented level of security to loan processing. Traditional lending systems rely on centralized databases, which are vulnerable to cyberattacks and fraud. In contrast, blockchain operates on a decentralized ledger, making it nearly impossible for hackers to alter or manipulate…