Earlier today, a man by the name of Farah Bashir, lost approximately 2.6 million Kenya shillings to SIM SWAP fraudsters. Farah Bashir was in Johannesburg for a work related trip when the hacking happened and he lost the money from his ABSA bank account on February 7th of 2022. The 58 year old medical lab scientist,
Many homeowners have defaulted on mortgage repayment due to the economic ravages of Covid-19 over the past two years and high interest rates. Some banks have, however, resorted to settling such defaults out of court since even auctions do not yield much – people have no money to purchase at the fall of the hammer.
At the time of publishing this blog, the latest outbreak of monkeypox has reached 17 countries with 110 confirmed cases and a further 205 suspected cases. It’s a fast-moving story, so if you need to catch up on the latest, here are answers to some of the most pressing questions. How is monkeypox spreading? The first
Kenya’s immediate neighbor, Uganda has become the first East African Country to fully shift to the new electronic passport, beating fellow EAC members who have been deferring the implementation deadline for the new secure documents. Ugandans who have not acquired the new generation passport now cannot travel out of Entebbe after the country phased out
TikTok users will soon have the ability to upload 10-minute-long videos. The official launch, as confirmed by TechCrunch comes as the entertainment application has been testing the change over the past several months. Originally, users could upload 15-second videos, before they extended to 60 seconds, then 3 minutes in July 2021. “We’re always thinking about
World’s popular jobs advertising and social networking platform, LinkedIn has increased membership fees and rates that viewers pay to access content by up to Sh 1,400 per account in the wake of the 16 percent value-added tax (VAT) on digital transactions. The American-owned tech firm increased the subscription rates from May 11, setting the stage
The Sacco Societies Regulatory Authority (SASRA) released the ranking of best performing Savings and Credit Cooperative Societies (SACCOS) in Kenya. SASRA is responsible for licensing and supervising Deposit‑Taking Sacco Societies. According to the list, Mwalimu National SACCO (MNS) is number one. The teacher owned Sacco remains the largest Deposit Taking, DT, SACCO in the country
Kenya’s top telco, Safaricom has announced plans to launch M-Pesa Junior Accounts for young Kenyans between the age of 10 to 18 years. These are individuals who do not have IDs to register a Safaricom line but have access to the network via SIM cards registered under their guardians or parents. “We plan to soon
The Spanish government is set to pass a law offering three days of menstrual leave a month for workers who experience severe period pain, according to several media reports. The reform is part of a set of proposals around reproductive health and was first reported by Spanish radio station Cadena SER on Wednesday. Other proposed measures
EA Sports, popularly known as Electronic Arts Inc announced on Tuesday it was officially ending its two-decade-long video-gaming partnership with the world soccer governing body FIFA. The move comes after months of tense negotiations as FIFA officials demanded $1 billion for its licensing rights from the company. Their 29-year partnership was set to end after this