Bitcoin soared to an all-time high of $100,000 on Wednesday following President-elect Donald Trump’s announcement of key administration picks, including Paul Atkins, a known cryptocurrency advocate, as the next head of the Securities and Exchange Commission (SEC). This marks a pivotal moment for the cryptocurrency market, as Atkins is expected to adopt a more lenient regulatory stance compared to outgoing SEC Chair Gary Gensler, who aggressively targeted the industry. Atkins’ nomination triggered a sharp rally in Bitcoin’s price, which had already been climbing since Trump’s projected election win in early November. The cryptocurrency has surged 130% this year, far outpacing…
Author: David Wafula
Members of Parliament have expressed concerns over the rising costs of acquiring national identity cards and birth certificates, arguing that the proposed increases could make these essential documents inaccessible to many citizens. During a session with Immigration and Citizen Services Principal Secretary Julius Bitok, lawmakers called for a review of the proposed fees, citing the financial struggles faced by ordinary Kenyans. The proposed changes, outlined in the Registration of Persons (Amendment) Rules, 2024, and the Births and Deaths Registration (Amendment) Rules, 2024, include a Sh300 fee for applying for a new ID card, previously free, and a rise in the…
Grammy-winning rapper Cardi B has addressed speculation about her finances, asserting her wealth and decision-making amid rumors she is struggling financially. The conversation began after Cardi shared a sponsored post with fashion brand Shein, sparking criticism from fans who questioned her choice to collaborate with a budget-friendly brand despite her affinity for high-end labels. “People say that I’m surviving off Shein deals and brand deals,” Cardi said in a voice recording shared on X (formerly Twitter). “I could wake up tomorrow, sign a contract, and have half of $65 million — or half of $70 million — in my bank.”…
Reality TV star and fashion mogul Kim Kardashian, 44, turned heads with her latest daring ensemble, sharing images of herself on an e-bike in a late-night photoshoot that has fans buzzing. Clad in a white Skims long-sleeve top, matching thong, sheer tights, and complementing heels, Kardashian embraced an edgy biker aesthetic by accessorizing with a helmet, camouflage balaclava, and gloves. She shared the images on Instagram with the caption, “Enjoy the ride.” The post quickly sparked reactions from fans, with some questioning her choice of attire for the e-bike outing. “Kim, that’s not what people wear when they ride,” one…
Prince Harry has put an end to rumors suggesting trouble in his marriage to Meghan Markle, following speculation fueled by their recent separate appearances at public events. Speaking at The New York Times’ 2024 DealBook Summit on Wednesday, the Duke of Sussex addressed the ongoing scrutiny of his relationship with Markle, calling it unwarranted and exaggerated. “Apparently, we’ve bought or moved house 10, 12 times,” Harry said, according to People. “We’ve apparently divorced maybe 10, 12 times as well. So it’s just like, what?” The prince empathized with those spreading false rumors, describing them as online trolls overly invested in…
He has won multiple Grammys and racked up nine Billboard Top 10 Hits, but musician Ed Sheeran will soon add another trophy to his collection – becoming the first-ever Western artist to perform a concert in Bhutan. On January 24, 2025, the British singer-songwriter will perform at Changlimithang Stadium in Bhutan’s capital of Thimphu. “Kuzuzampola!” Sheeran said in an Instagram post announcing the Bhutan concert. That means “Hello” in the country’s Dzongkha language. “I’ve heard wonderful, wonderful things about Bhutan,” he added. A landlocked Buddhist monarchy of about 700,000 people, Bhutan began slowly opening to the world in the 1970s. Travelers who…
Chi-Chi’s, the iconic Mexican restaurant chain that shut its doors two decades ago, is preparing for a revival. Hormel Foods, the owner of the Chi-Chi’s trademark, announced plans to bring back the brand under Michael McDermott, the son of the chain’s co-founder. The relaunch is slated for 2025, though details about locations, menu offerings, and restaurant designs remain under wraps. Founded in Minnesota in 1975 by Marno McDermott and Green Bay Packers player Max McGee, Chi-Chi’s grew to over 200 locations, known for its vibrant atmosphere and expansive Tex-Mex menu. The brand’s popularity waned after a hepatitis A outbreak in…
Global streaming platform DAZN has acquired exclusive rights to broadcast the 2024 FIFA Club World Cup, set to take place in the United States from June 15 to July 13. The agreement allows DAZN to stream all 63 matches of the expanded 32-team tournament live and free across its platforms. The deal also includes provisions for sublicensing rights to local free-to-air broadcasters, enhancing accessibility to the event. The broadcasting deal is valued at approximately €1 billion (Sh122.5 billion), making it one of the most significant agreements in football broadcasting. DAZN’s partnership with FIFA officially begins with the live-streaming of the…
Journalists at the Guardian and sister publication the Observer are holding a two-day strike in protest at the proposed sale of the Sunday newspaper to Tortoise Media. Also Read: Guardian Media Group In Talks To Sell Observer To Tortoise Media The first strike at the Guardian in more than 50 years is taking place across Wednesday and Thursday (4 and 5 December). Tortoise is run by former editor of the Times and ex-director of BBC News, James Harding. A Guardian spokesperson said while they “recognise the strength of feeling” about the proposed sale and “appreciate that NUJ [National Union of…
Courtney Stodden and their fiancé, Jared Safier, tied the knot in a spontaneous, intimate wedding on Tuesday at Casa de Monte Vista in Palm Springs, California. The couple exchanged vows in front of just 20 guests, creating a close-knit and memorable celebration. The reality star, 30, and the TV producer, 41, revealed that their decision to wed was made in the spur of the moment. “We planned on getting married, but we didn’t have a date,” Stodden told Us Weekly. “We just looked at each other and thought, ‘This is the perfect time to do it.’” The couple began planning…
The government has unveiled 1,236 development projects to be implemented in 1,424 marginalized areas across Kenya under the Equalization Fund. These projects target 366 wards in 111 constituencies and 34 counties, guided by the Second Marginalization Policy of 2017 developed by the Commission on Revenue Allocation (CRA). President William Ruto announced that the projects will include constructing 115 classrooms, drilling and equipping 117 boreholes for water provision, excavating 41 water pans, and building 176 health facilities, 53 of which will be fully equipped to serve the public. “These projects, costing Ksh 8.1 billion, will provide essential services to over 6…
Health Cabinet Secretary Dr. Deborah Barasa has addressed reports surrounding the leasing of medical equipment under the National Equipment Service Program (NESP). This comes after the program transitioned to a new model following the expiry of the Medical Equipment Service (MES) program in December 2023. In a statement issued on Wednesday, December 4, Barasa explained that the transition strategy was developed in line with resolutions from the 10th Extraordinary Summit held between the National and County Governments on December 18, 2023. “A technical committee, comprising representatives from the Ministry of Health and County Governors, was established to oversee the transition…
The Office of the Director of Public Prosecution (ODPP) has raised concerns over inadequate budgetary allocations as it unveiled its Strategic Plan for 2023-2027. The plan, presented to Deputy President Kithure Kindiki on Wednesday Director of Public Prosecutions Renson Ingonga underscores significant challenges the office faces in fulfilling its prosecutorial mandate. A key concern outlined in the report is the underfunding of the Prosecution Training Institute (PTI), which hampered its implementation during the previous strategic period. “Inadequate resources and budgetary allocation for the infrastructural development of PTI,”Ingonga said. The ODPP attributed the setbacks to insufficient resources for infrastructure development and…
Opposition parties in South Korea submitted a motion to impeach Yoon Suk Yeol, the president, after he was forced to end a martial law declaration across the country. The impeachment motion was filed Wednesday and could be put to a vote by the end of the week. What’s the process of President Yoon Suk Yeol? More than two-thirds of the 300 members in the National Assembly will need to vote in favour of the impeachment for it to pass. That means it needs at least 201 votes. Once it has been approved, a trial will be held in front of…
President William Ruto has signed into law three pivotal bills designed to enhance county financing, streamline property valuation, and boost water infrastructure development across Kenya. On Wednesday, Ruto assented to the Division of Revenue (Amendment) Bill, 2024, the Rating Bill, 2022, and the Water (Amendment) Bill, 2024. The Division of Revenue (Amendment) Act, 2024, allocates Sh387 billion as an equitable share of revenue to counties for the 2024/2025 financial year. This amount represents 24.67% of the most recently audited revenue, surpassing the 15% minimum constitutional requirement. Originally, the Finance Bill, 2024, proposed Sh400 billion for counties. However, the figure was…