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Author: Oki Bin Oki
A company director was Monday charged with defrauding his own firm of over Sh356 million . Honey Khatwani, a director at OKI General Trading Limited, appeared before Milimani Principal Magistrate Dolphina Alego in Nairobi on Monday, where he was charged with stealing $2,786,174.40 (approximately Sh356,711,174.40). The alleged offence occurred between January 1, 2020, and June 30, 2024, at Barbado within Nairobi County. The court heard that the funds belonged to OKI General Trading Limited and were allegedly stolen by Khatwani in his capacity as a company director. He pleaded for lenient bail terms. Khatwani told the court he is not…
There is considerable speculation that Iran might retaliate for the US’s strikes on its nuclear facilities by closing the world’s busiest oil shipping channel, the Strait of Hormuz. About 20% of global oil and gas flows through this narrow shipping lane in the Gulf. Blocking it would have profound consequences for the global economy, disrupting international trade and ratcheting up oil prices. It could also inflate the cost of goods and services worldwide, and hit some of the world’s biggest economies, including China, India and Japan, which are among the top importers of crude oil passing through the strait. What…
President Donald Trump on Monday demanded that “everyone” keep oil prices down or they would play “into the hands of the enemy,” as the conflict in the Middle East escalates following U.S. strikes on Iran. “EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!,” the president said in a post on his social media platform Truth Social. U.S. crude oil was down 75 cents, or 1.02%, to $73.09 per barrel in the wake of Trump’s post. Global benchmark Brent fell 73 cents, or 0.95%, to $76.28 per barrel. Trump’s message…
The US and the UK have told their citizens in Qatar to shelter in place “until further notice”. The US embassy in Qatar suggested in a notice online that Americans do so “out of an abundance of caution”. The UK government said it was issuing its warning in response to the US alert. The warnings come after the State Department told US citizens in international locations to “exercise increased caution,” after the US bombed three nuclear sites in Iran on Saturday. Iran has threatened to retaliate. In a statement, Qatar’s Ministry of Foreign Affairs said a number of countries were…
Tesla (TSLA) stock popped as its robotaxi test kicked off smoothly on Sunday, with investors and Tesla enthusiasts breathing a sigh of relief — at least for now. “The @Tesla_AI robotaxi launch begins in Austin [Sunday] afternoon with customers paying a $4.20 flat fee!” CEO Elon Musk posted on X, confirming the start of the test in Austin, Texas. Following Musk’s tweet, numerous posters on X claimed they were able to hail and ride Tesla Model Ys emblazoned with “Robotaxi” graphics in Austin, with one claiming he rode on 11 separate trips alone. Tesla stock jumped over 9% in early…
Two South African engineers returned home after spending more than two years in jail in Equatorial Guinea on what the UN has called “arbitrary and illegal” drugs charges. Frik Potgieter and Peter Huxham, both in their mid-50s, were arrested in February 2023 after drugs were allegedly found in their luggage. They were sentenced to 12 years in prison and fined $5m (£4m) but have been given a presidential pardon after a long campaign by their families and the South African government. Their arrest came days after luxury assets belonging to Equatorial Guinea’s Vice-President Teodoro Nguema Obiang were seized in South…
Fred Smith, founder of the US parcel delivery giant Federal Express, died at the age of 80, the company has announced. Mr Smith founded the firm in 1973 having previously served in the US Marine Corps. He ran the company as CEO until 2022. “Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx,” current boss Raj Subramaniam wrote in a memo to staff. Born in 1944, Mr Smith started FedEx with 389 staff and 14 small planes that carried 186 packages from Memphis to…
Nairobi Governor Sakaja Johnson Sunday came out strongly to clear the air on claims he sponsored chaos and goons in the city. He termed as “malicious and baseless allegations” linking him to the hiring of goons and inciting violence during recent protests in the capital. Sakaja distanced himself from what he described as “a smear campaign” aimed at tarnishing his reputation. “Over the past few days, there have been malicious allegations against me. I want to state categorically that in my entire political career, I have never used violence to gain power. My record speaks for itself, my mantra has…
A flashy tycoon in Zimbabwe has a nation entranced – some beguiled, others alarmed – by his habit of giving away cars along with wads of cash to those he deems patriotic – even presenting them to those he has never met. Mercedes-Benzes, Toyota SUVs, Range Rovers are Wicknell Chivayo’s vehicles of choice for the recipients, who range from music stars, down-at-heel gospel singers, footballers, church leaders and those loyal to the ruling Zanu-PF party. The controversial 44-year-old is himself partial to a white Rolls-Royce and has a fleet of personalised luxury cars, some of which he has also started…
Secretary of Defense Pete Hegseth said Sunday that “Iran’s nuclear ambitions have been obliterated,” hours after the United States attacked three major nuclear nuclear enrichment facilities. Hegseth, who praised President Donald Trump’s order as “focused, it was powerful, and it was clear,” said that the late-night mission was “not and has not been about regime change” in Iran. “The president authorized a precision operation to neutralize the threats to our national interest posed by the Iranian nuclear program and the collective self-defense of our troops and our ally Israel,” he said during an early morning press conference. Hegseth was echoing…
The bodies of three Israeli hostages have been recovered from the Gaza Strip, Israel’s Prime Minister Benjamin Netanyahu has said. He confirmed that Yonatan Samrano, Ofra Kedar and Staff Sgt Shai Levinson’s remains were retrieved on Saturday in a military operation. “I thank our commanders and fighters for a successful operation, for their determination and courage,” Netanyahu said in a statement. The Israel Defense Forces (IDF) have recovered the bodies of eight hostages from Gaza so far this month. “The campaign to return the abductees continues continuously and is taking place in parallel with the campaign against Iran,” Netanyahu said.…
Several US Air Force B-2 bombers reportedly have taken off from a base in the United States and moved toward the Pacific island of Guam while President Donald Trump has taken two weeks’ time to decide whether the US should take part in Israel’s strikes against Iran. Flight tracker data showed the B-2 aircraft, which can carry the 30,000-pound bunker-buster bombs Trump is considering deploying against Iran’s underground nuclear facilities in Fordo, taking off from Whiteman Air Force Base in Missouri. What is a B-2 bomber? The B-2 Spirit is a long-range, stealth strategic bomber developed by Northrop Grumman for…
The suspect accused of fatally shooting a Minnesota lawmaker and her husband in a gun rampage last week was a doomsday “prepper”, according to the FBI. The wife of the accused, Vance Boelter, told investigators the family was among a small group of Americans who “prepare for major or catastrophic incidents”, said a court document. Boelter, 57, has been charged with killing Democratic House Speaker Emerita Melissa Hortman and her husband, Mark, last Saturday. He also seriously wounded Democratic State Senator John Hoffman and his wife, Yvette. Police say there is evidence he was planning to target others. Police captured…
“I missed them so much,” says Stephanie Prado, a die-hard BTS fan who has been desperately waiting for the group to reunite after a two-and-a-half-year hiatus. Her love for the boy band inspired her to move from Brazil to South Korea – so it was no surprise that she turned up last Friday for “BTS Festa”, a big party held every year near Seoul on the group’s anniversary. The time she has spent waiting has moved “both slowly and really quickly”, Stephanie says, waving an ARMY bomb, the official lightstick used by BTS fans, who call themselves the ARMY. Behind…