Author: Editor

Two Police Officers Arrested in Nairobi Robbery Incident Detectives from the Directorate of Criminal Investigations (DCI) are probing a shocking case of robbery with violence in which two police officers were caught in the act. The dramatic incident unfolded on Monday night in Nairobi’s Githurai Estate when the officers, alongside a civilian accomplice, were caught red-handed assaulting and attempting to rob a resident. Officers Caught During Routine Patrol A police report obtained by Newshub.co.ke reveals that officers from Githurai Police Station, who were conducting routine patrols, stumbled upon the crime scene near the Githurai-Soweto Railway Line. According to the report,…

Kirinyaga Woman Rep Njeri Maina Demands Explanation Over HELB Disbursement Delays Kirinyaga Woman Representative Njeri Maina has raised concerns over the delay in disbursing Higher Education Loans Board (HELB) funds, demanding an explanation from the Departmental Committee on Education. Speaking in the National Assembly on Tuesday, February 18, Njeri urged the committee to clarify the ongoing financial crisis affecting university students across the country. Many students have been left struggling to meet their basic needs due to the delayed release of funds. “Despite the government’s promise to return to the old Higher Education Loans Board (HELB) model, there has been…

Government Investigates High School Principal Over Mobile Money School Fees Collection The Commission on Administrative Justice (CAJ) has taken action against the principal of Lufinga Girls Secondary School following serious complaints from a parent regarding corruption and unfair treatment of students. On Wednesday, the commission directed the principal to form a parents’ association to ensure better communication and involvement of parents in school affairs. In an official statement, CAJ explained that a concerned parent had lodged a complaint, raising multiple grievances against the school head. The parent accused the principal of mismanaging school funds by instructing parents to pay school…

Ruto Announces Plan to Shut Down Diesel Power Plant in Northern Kenya President William Ruto has revealed that the government plans to shut down a diesel-powered power plant in northern Kenya within the next year. This move is part of the government’s commitment to transitioning to cleaner, renewable energy sources. Speaking in Nairobi during the signing of contracts aimed at expanding electricity access through mini-grids and solar energy, Ruto stated that the government is working on eliminating diesel power in Lodwar, Turkana County. He emphasized that this is a key step towards achieving a fully renewable energy grid in the…

Sudan’s Ministry of Foreign Affairs has strongly criticized President William Ruto’s administration for allegedly allowing the Rapid Support Forces (RSF), a rebel group fighting against the Sudanese army, to hold a gathering in Nairobi. The Sudanese government sees this as an act of interference in its internal affairs. On Tuesday, February 18, RSF held a meeting in Nairobi as part of its plans to form an alliance with political figures and armed groups. The aim of this alliance is to strengthen RSF’s influence and control in Sudan. Reports suggest that in the coming days, a treaty is set to be…

Bungoma Residents Protest Against Wetangula’s Impeachment Plot Bungoma residents took to the streets on Tuesday to protest an alleged plan to impeach National Assembly Speaker Moses Wetangula. The demonstrators, mostly boda boda riders and local supporters, marched through Bungoma Town carrying large placards and twigs as they voiced their anger over what they claimed was a politically motivated scheme led by opposition MPs. The protesters accused the opposition of unfairly targeting Wetangula and questioned why President William Ruto had not intervened to shield him from the looming impeachment. They reminded the President of the promise he made in 2022 when…

Senator Tabitha Karanja Demands Governor Susan Kihika’s Resignation After Jail Sentence Nakuru Senator Tabitha Karanja has issued a strong ultimatum to Governor Susan Kihika, urging her to step down immediately following a series of troubling incidents in the county. These events ultimately led to the Governor’s conviction and sentencing to six months in prison on Tuesday, February 18. During a press briefing on Tuesday, Senator Karanja declared that if Kihika refuses to resign voluntarily, she will initiate an impeachment process. She further called on members of the Nakuru County Assembly (MCAs) to take swift action by impeaching the Governor. If…

A flash loan is a unique type of loan in decentralized finance (DeFi) that allows users to borrow funds without providing any collateral. The key requirement is that the borrowed amount, along with a small fee, must be repaid within the same blockchain transaction. If the loan is not repaid in time, the entire transaction is reversed, ensuring that no funds are lost from the lending pool. Flash loans are powered by smart contracts, making them a distinctive and powerful financial tool in the DeFi space. How Flash Loans Work Traditional loans require borrowers to provide collateral, which serves as…

Crypto borrowing is a financial strategy that allows you to access cash (liquidity) without having to sell your cryptocurrency holdings. This is made possible through decentralized finance (DeFi) loans, which enable users to borrow funds by using their crypto assets as collateral. Unlike traditional loans that require a bank or financial institution to act as an intermediary, crypto borrowing is managed through smart contracts on blockchain networks. These contracts automate the lending and borrowing process, removing the need for third-party oversight. What is Crypto Borrowing? Crypto borrowing is a method of obtaining liquidity without selling your digital assets. Instead of…

Cryptocurrency investors often find themselves in situations where they need cash but don’t want to sell their digital assets. Selling crypto can trigger taxable events and potential losses if the market rebounds. Instead, crypto loans offer a way to access liquidity while keeping your assets intact. Here’s a step-by-step guide on how to get a crypto loan without selling your holdings. What is a Crypto Loan? A crypto loan allows you to borrow money using your cryptocurrency as collateral. These loans are typically offered by crypto lending platforms and work similarly to traditional secured loans. You deposit your crypto with…