Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday. FTX Founder and Chief Executive Sam Bankman-Fried told FT that "proof of stake"
In December 2015 Martha Karua admitted to receiving a Ksh.2,000,000 "donation" to her presidential campaign costs from British American Tobacco (BAT). Karua said that she thought that the contribution by Paul Hopkins, a BAT employee, was a personal donation. The money was paid via Mary M'Mukindia who
Orange Democratic Movement (ODM) party leader has named Martha Karua his running mate in the run-up to the August 9, 2022 general election. Karua, the Narc-Kenya party leader will deputise Odinga under the Azimio La Umoja One Kenya coalition. She becomes the first woman in history to
Hassan Sheikh Mohamud was declared the winner of Somalia’s Presidential election on Sunday to become the country’s new president. Mohamud beat the incumbent Mohamed Abdullahi Farmajo by 214 votes to 110 in the third round of voting, in an election that lasted several hours. This is Mohamud’s
Equity Group has laid out plans to help businesses recover from the ravages of coronavirus pandemic through a partnership with national government to enable micro economic and policy environment to enable private sector to thrive. The bank has already seeded the plan with Kshs.700 billion to
The Kenyan government now says it will import maize in bulk to cushion Kenyans from the rising price of maize flour The price of 2kg maize flour has surged by 11.1 percent to Ksh.149 from Ksh.134 in February. According to Agriculture Cabinet Secretary Peter Munya, the government
Elon Musk’s Ksh.5 trillion Twitter purchase deal has been put on hold over existing fake accounts as the trillionaire waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell by more than 20 percent in premarket
On July 26, 2021, the government of Kenya charged Deputy President William Ruto’s running mate Rigathi Gachagua with acquiring more than Ksh.7.3 billion suspected to be proceeds of crime. This was after he spent a weekend in a police cell, but denied all the charges. He was
Deputy President William Ruto has named Rigathi Gachagua his running mate in the run-up to the August 9, 2022, general election. Gachagua is the incumbent Mathira Member of Parliament and was elected on the Jubilee party ticket but shifted to United Democratic Movement (UDA) party under
On May 8, the world celebrated mother's day, a day when female figures in the world are honored for their role in society. Not being left behind, one of Kenya's celebrated social media influencers Charles Odongo also known as 'Ugali man' went all out on
