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The wave of unrest in Nairobi has taken a dramatic turn as angry protesters set the Shauri Moyo Police Station ablaze. The incident marks a significant escalation in the ongoing demonstrations, which have been fueled by public outrage over alleged police brutality. Eyewitnesses reported seeing thick plumes of smoke rising from the police station as flames engulfed the building. Protests, chanting slogans and demanding justice, cheered as the fire spread rapidly. The attack on the station follows violent clashes between demonstrators and law enforcement officers, who have been struggling to contain the unrest. Tensions have been running high in the…

National Assembly Majority Leader Kimani Ichung’wah has strongly denied allegations that he sponsored a bill aimed at removing the Auditor General from heading the National Audit Office. In a statement, Ichung’wah dismissed the accusations, calling them baseless propaganda designed to mislead the public. He accused his critics of distorting the contents of the bill he presented in Parliament, saying they had misrepresented its true intent. He urged anyone with doubts about the bill to visit the National Assembly website and read it for themselves instead of relying on misinformation. Ichung’wah also emphasized that removing the Auditor General as the head…

Government Criticized for Declaring Water Buffalo as Food in Kenya The Ministry of Agriculture and Livestock Development is facing heavy criticism after officially classifying the water buffalo as a food animal in Kenya. Speaking before the Senate Agriculture Committee on Tuesday, March 4, nominated Senator Catherine Mumma raised concerns over the decision, questioning whether the proper procedures were followed before the announcement was made. She further demanded clarification on whether statistical data was used to support the classification of the water buffalo as a food animal. The senator also called for transparency regarding the role of the Kenya Wildlife Service…

Busia Senator and activist Okiya Omtatah has urged the Ministry of Health to immediately suspend the Social Health Authority (SHA) following a shocking revelation by Auditor General Nancy Gathungu. According to the Auditor General, SHA is at the center of a Ksh104 billion corruption scandal, operating as an independent entity that the government neither owns nor controls. This situation has raised serious concerns about the safety of billions of shillings that Kenyans contribute for healthcare services. In response to these alarming findings, Omtatah has made three key demands to the Health Ministry. First, he wants SHA to be suspended immediately…

Chaos in Nairobi as Youths Torch Police Vehicle Amid Violent Protests Tensions have escalated in Pumwani, Nairobi, as angry youths set a government office ablaze during ongoing protests that erupted late last night. Videos and images seen by newshub.co.ke captured thick flames and smoke billowing from the burning building. A police vehicle was parked dangerously close to the raging fire, raising concerns about further destruction. The unrest began following allegations that police officers fatally shot two young men on Tuesday night. Outraged by the incident, residents took to the streets in protest, demanding justice for the victims. Police officers deployed…

The concept of crypto-backed loans has sparked mixed reactions among cryptocurrency investors. Some prefer to hold onto their digital assets, hoping their value will rise over time. On the other hand, some believe in leveraging their crypto holdings through loans, arguing that keeping wealth locked on the blockchain without utilizing available financial opportunities is a missed chance. The reality is that many crypto-millionaires have successfully borrowed against their crypto holdings without selling a single coin. Several Decentralized Finance (DeFi) platforms allow investors to use their cryptocurrency as collateral to access loans while still retaining ownership of their assets. Crypto-backed loans…

In March, Liquity, an innovative decentralized borrowing protocol, secured $6 million in Series A funding, led by Pantera Capital. Unlike other DeFi lending platforms such as Maker and Compound, Liquity offers unique features that make it stand out: These features have attracted significant attention within the decentralized finance (DeFi) community. Since launching on the Ethereum mainnet, Liquity has seen an overwhelming response, quickly accumulating $2.7 billion in total value locked (TVL) in just a few weeks. But how does Liquity manage to offer a low collateralization ratio and a 0% interest rate while ensuring the system remains stable? Let’s break…

The cryptocurrency market is still evolving, and in the early days, the main participants were primarily holders and miners. However, the landscape has changed with the emergence of new players such as issuers, investors, lenders, and borrowers. These participants are now exploring various innovative lending services, allowing crypto asset holders to generate income through interest earned on their holdings. Types of Crypto-Backed Loans 1. Crypto-to-Crypto Lending This type of loan is ideal for individuals who own cryptocurrency but are not actively using it. Instead of letting their crypto sit idle, they can lend out their Bitcoin, Ethereum, or other altcoins…

Lawmakers allied with Deputy President Rigathi Gachagua have strongly criticized the National Cohesion and Integration Commission (NCIC), accusing the agency of unfairly targeting the former DP while turning a blind eye to other political figures. Leading the charge was Gatanga MP Edward Muriu, who called out NCIC for what he termed as selective enforcement of its mandate. Muriu insisted that the commission must apply its authority fairly across the political spectrum, ensuring that all leaders—regardless of their political alignment—are held accountable for remarks that threaten national unity. “We demand that NCIC enforces the law equally and does not use its…