The Central Bank of Kenya (CBK) has officially lifted a nine-year suspension on the licensing of new banks, signaling a major shift in the country’s banking sector. In a statement issued on Wednesday, CBK announced that the moratorium, which was imposed on November 17, 2015, will end on July 1, 2025. The suspension was introduced at a time when the banking industry faced serious governance, management, and operational problems. According to CBK, the moratorium helped create room for reform and stability in the banking sector. Over the years, the country has strengthened the legal and regulatory frameworks that govern banks.…
Author: David Wafula
The late Chief of Defence Forces (CDF), General Francis Omondi Ogolla, left behind a clear and detailed will outlining how his multimillion-shilling estate would be shared among his family. Born on February 12, 1962, General Ogolla tragically lost his life in a helicopter crash on April 18, 2024, in Sindar, Elgeyo-Marakwet County. The crash, which occurred during a mission to reopen schools and inspect security operations in the North Rift region, also claimed the lives of nine other military personnel. In his final wishes, General Ogolla directed that his property be divided among his immediate family: 50 percent to his…
Pete Davidson, the quick-witted and often controversial comedian, has carved out an impressive career in the world of entertainment. As of now, Pete Davidson’s net worth stands at approximately $4 million, thanks to his successful stints in television, film, and stand-up comedy. Pete Davidson Net Worth $4 Million Date of Birth November 16, 1993 Place of Birth Staten Island, New York Nationality American Profession Actor, Comedian Early Life Born Peter Michael Davidson on November 16, 1993, in Staten Island, New York, Pete faced heartbreak at an early age. His father, Scott Davidson, a firefighter, died in the 9/11 terrorist attacks.…
Jimmy Barnes, the Scottish-born Australian rock icon, has amassed an estimated net worth of $20 million. Widely celebrated for his raw vocals and enduring presence on the music scene, Barnes carved his legacy both as a frontman for the legendary band Cold Chisel and as a wildly successful solo artist. His financial journey is not just tied to record sales and tours, but also to his ventures in writing and real estate. Jimmy Barnes Net Worth $20 Million Date of Birth April 28, 1956 Place of Birth Glasgow Early Life Born James Dixon Swan on April 28, 1956, in Glasgow,…
American jazz legend and entertainer Harry Connick Jr. has built a remarkable career spanning music, film, television, and Broadway. As of 2025, his net worth stands at an estimated $45 million, according to publicly available data. Harry Connick Jr Net Worth $45 Million Date of Birth Sep 11, 1967 Place of Birth New Orleans Nationality American Profession Songwriter, Singer, Actor, Composer, Musician, Music Arranger, Conductor, Lyricist, Film Producer, Pianist Born and raised in New Orleans, Connick Jr. rose to fame in the late 1980s with his multi-platinum-selling album When Harry Met Sally…, which showcased his talent for jazz interpretations of…
A total of 1,139 people lost their lives in road accidents in Kenya between January and March 31, 2025. This marks a slight drop compared to the same period in 2024, which recorded 1,166 deaths — a decrease of 27 fatalities. According to the latest data released by the National Transport and Safety Authority (NTSA), road deaths remain alarmingly high despite the drop. The report indicates that pedestrians continue to bear the brunt, with 420 fatalities recorded in the first three months of 2025, down from 434 in the same period last year. Motorcyclists follow closely with 301 deaths this…
The National Police Service (NPS) has dismissed media reports suggesting that Kenyan police officers deployed in Haiti are overstretched and facing major challenges that could hinder the success of the mission. In a statement released on Tuesday, NPS spokesperson Muchiri Nyaga termed the claims published by the Daily Nation newspaper as misleading and untrue. The story had alleged that Kenyan officers under the Multinational Security Support (MSS) Mission were struggling due to limited resources and tough operating conditions. Nyaga clarified that the deployment of Kenyan officers was in accordance with the mandate of the United Nations Security Council, and that…
British businessman, pilot, and world-renowned explorer Hamish Harding had an estimated net worth of $1 billion at the time of his death in 2023. Known for pushing boundaries across land, sea, and space, Harding’s wealth was the product of decades of entrepreneurial success, bold investments, and a relentless passion for exploration. Hamish Harding Net Worth $1 Billion Date of Birth November 12, 1970 Place of Birth London Nationality Brits Profession Businessman, Pilot, Explorer Early Life Born on November 12, 1970, Harding showed signs of business acumen from an early age. As a teenager, he founded his first company offering computer…
More than 178,000 teachers across the country have been stuck in the same job groups for years due to a serious funding shortfall at the Teachers Service Commission (TSC), MPs heard on Tuesday. TSC Chief Executive Officer Nancy Macharia, while appearing before the National Assembly Education Committee, revealed that the commission needs Sh35 billion to clear the huge backlog in teacher promotions. However, only a fraction of that money has been allocated, making it impossible to promote thousands of deserving teachers. “Lack of sufficient funding has seriously affected the career growth of teachers,” Macharia told the committee chaired by Kasipul…
Kiambu Governor Kimani Wamatangi has dismissed corruption allegations levelled against him by the Ethics and Anti-Corruption Commission (EACC), terming the entire operation a political witch-hunt aimed at frustrating his administration. Speaking outside the EACC headquarters in Nairobi on Tuesday, April 15, 2025, after hours of questioning, Governor Wamatangi said the early morning raid at his residence and the search in county offices were meant to intimidate him and derail the county’s progress. “This is purely political intimidation. Over 50 police officers came to my home at dawn, and about 200 more were sent to offices of my county ministers. They…
Popular public transport Sacco, Super Metro, has been ordered to sack 269 drivers before it can resume operations. This is one of eight strict conditions issued by the Transport Licensing Appeals Board (TLAB). According to the ruling delivered on Monday, April 14, Super Metro must immediately disengage the drivers listed in a document marked “SPM7” as part of a case brought against the Sacco. “The appellant (Super Metro) shall immediately disengage 269 drivers as per the list marked ‘SPM7’,” reads part of the tribunal’s orders. The directive was issued just hours before Super Metro announced that it would suspend its…
Tina Arena, one of Australia’s most revered and enduring musical artists, has an estimated net worth of $10 million. With a career spanning more than four decades, she has built her wealth through chart-topping albums, international tours, musical theatre, and a remarkable crossover appeal in both English and French-speaking markets. Tina Arena Net Worth $10 Million Date of Birth November 1, 1967 Place of Birth Melbourne Nationality Australian Profession Singer, Songwriter, Actor, Record Producer From Tiny Tina to Global Star Born Filippina Lydia Arena on November 1, 1967, in Melbourne, Australia, Tina Arena was destined for the stage from an…
Jacqueline Kennedy Onassis, known to the world as Jackie O, remains one of the most iconic and glamorous figures in American history. Beyond her legacy as First Lady, she was also a savvy investor, heiress, and public figure who built considerable personal wealth throughout her lifetime. At the time of her death in 1994, Jackie O’s net worth was estimated at $150 million, which is equivalent to about $270 million today. Jackie O Net Worth $150 Million Date of Birth July 28, 1929 Place of Birth Jacqueline Lee Bouvier Nationality American Died May 19, 1994 (64 Years Old) Profession Editor…
President William Ruto has disclosed that one of his sons has gone back to school to study football management, a move aimed at supporting efforts to uplift Kenyan football and help young people earn a living from their talent. Speaking on Tuesday, April 15, 2025, during the flagging off ceremony of the Kenya under-20 national team heading to the TotalEnergies CAF U-20 Africa Cup of Nations (AFCON) 2025, President Ruto said his son is pursuing a master’s degree in sports management to play a direct role in football development. The president did not specify whether it was Nick Ruto or…
The Kenya National Examinations Council (KNEC) has announced 21 job openings for various positions on permanent and pensionable terms. In a public notice issued on Tuesday, April 15, 2025, KNEC Chief Executive Officer Dr. David Njengere said the recruitment will help strengthen the council’s capacity in delivering its mandate. KNEC is seeking to hire an Assistant Director, Examinations; a Principal ICT Officer; an Assistant Director; five ICT Officers; a Planning Officer; five Examinations Officers; two Human Resource Management Officers; two Examinations Administrators; and three Examinations Clerks. “The Council will offer a competitive remuneration package commensurate with the responsibilities of each…