Author: Editor

In a recent event in Bumala, Marachi West Ward Member of County Assembly (MCA) Simon Maina Kuria was reportedly seen distributing Sh1,000 notes to youths attending President William Ruto’s function. This act has sparked discussions about the role of elected officials in engaging with their constituents and the implications of such handouts on political ethics. Reports indicate that MCAs from various wards in Busia County received a total of Sh20 million from the Governor to facilitate the transportation of residents to attend the president’s functions. While the intention might have been to ensure adequate representation at the event, the method…

Game theory plays a crucial role in the success of cryptocurrencies, especially in the case of Bitcoin, which has thrived for more than a decade despite numerous efforts to disrupt its network. Understanding how game theory operates helps to explain why these digital currencies remain secure and trustworthy. What is Game Theory? At its core, game theory is an area of mathematics used to study human behavior based on rational decision-making. The “game” in game theory refers to a scenario where participants interact and make decisions in response to specific rules or the actions of others. The idea is that…

What is Risk Management? Risk management is something we all do daily, whether we realize it or not. Whether it’s driving a car, planning your health insurance, or considering any new decision, risk is always involved. In simple terms, risk management is about recognizing risks and responding to them accordingly. In our everyday lives, we often manage risks without much thought. But when it comes to financial markets or managing a business, understanding and handling risks becomes a very conscious process that can shape the success or failure of investments or decisions. In economics, risk management refers to the strategies…

The simplest way to acquire cryptocurrency is through an online exchange like Coinbase. Coinbase allows you to buy popular cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and Ethereum Classic (ETC). It also gives you the option to explore newer coins like Stellar Lumens and EOS. Additionally, Coinbase sometimes offers opportunities to earn cryptocurrencies for free through educational rewards and other promotions. Before purchasing any cryptocurrency, it’s important to ask yourself what you intend to do with it, as this will guide your choice. For example, if you’re aiming to buy goods such as a laptop…

The forex (foreign exchange) market is the largest and most liquid market globally, with more than $838 billion in currency expected to be traded in 2025. While there are 161 currencies in circulation worldwide, forex trading mostly revolves around just six dominant currencies: the U.S. dollar, the euro, the British pound, the Japanese yen, the Australian dollar, and the Canadian dollar. Each of these currencies plays a crucial role in the global forex market due to various reasons. Key Points to Remember: 1. The U.S. Dollar The U.S. dollar, often called the greenback, is the most widely traded currency in…

In the volatile forex market, stop and limit orders serve as essential tools for controlling risk and securing profits. These orders help traders manage potential losses and lock in profits without having to monitor the market constantly. Key Points about Stop and Limit Orders: How to Use Stop Orders How to Use Limit Orders Types of Stop Orders The Flexibility of Stop and Limit Orders Managing Losses and Profits with Stop/Limit Orders The Importance of Stop and Limit Orders in Forex Trading By understanding the proper use of stop and limit orders, forex traders can better manage their trades, ensuring…

Forex trading is a popular avenue for currency speculators, and Canadian dollar (CAD) pairs offer exciting profit opportunities. However, forex trading demands thorough preparation, as entering the market unprepared can lead to significant losses. For those trading Canadian dollar pairs, understanding the unique factors influencing the CAD is crucial. Here’s what every trader should know about the drivers shaping the value of the Canadian dollar. Key Takeaways Major Drivers of the Canadian Dollar 1. Demand for Canadian Goods and Services The Bank of Canada highlights that the CAD’s value is influenced by demand for Canadian exports and the volume of…

In recent developments, the United States has intensified efforts to deport individuals residing in the country without legal authorization. The administration has expanded immigration enforcement operations, particularly in sanctuary cities like Los Angeles. These operations often involve early-morning raids, with agents detaining individuals identified as priorities for removal. Detainees are typically restrained and transported to detention centers before being deported. To manage the increased number of deportations, the government has utilized military resources, including military cargo planes, to expedite the removal process. This approach aims to swiftly transport deportees to their countries of origin, ensuring the process is conducted efficiently.…

In a recent 22-minute address, Martha Karua delivered a scathing critique of President William Ruto, focusing on the impeachment of former Deputy President Rigathi Gachagua. Karua accused Ruto of betraying his deputy and vowed that Gachagua “must go,” signaling her support for his removal from office. This speech has garnered significant attention, highlighting the deepening political rifts within Kenya’s leadership. Gachagua’s impeachment in October 2024 marked a historic moment, as it was the first time under the 2010 Constitution that a state official was removed from office. The National Assembly cited multiple charges against him, including corruption and ethnic discrimination.…

Starting a business in Kenya is an exciting venture, but it can also come with its fair share of challenges. One of the most crucial aspects of starting a business is understanding the costs involved. Without a clear picture of expenses such as registration fees, taxes, and operational costs, you could face unexpected financial hurdles along the way. Most business models in Kenya require you to deal with upfront costs like licenses, permits, and other government-mandated fees. These are essential for ensuring compliance and legality. Properly accounting for these costs at the very beginning will allow you to create a…