Loan accounts in default hit 7 million: TransUnion CRBMore than a quarter of all loan accounts have been negatively listed by Credit Reference Bureaus or CRBs mirroring the burden shouldered by borrowers from rising interest rates and an adverse economic environment. According to just released data from the TransUnion CRB, 7.6 million loan accounts were in default at the end of December last year out of a total of 29.7 million accounts. In contrast, only 3.89 million loan accounts were in default as of March last year. TransUnion has attributed the 96 percent jump in negatively listed accounts to a combination of steeper borrowing costs and reduced consumer incomes from recently implemented pay slip deductions. Read more: Caption for the landscape image: Why a third of Kenya’s loan accounts in March last year are blacklisted with CRBs

May 15, 2024 15:37 UTC

With reports indicating a staggering death toll attributed to gang violence, which claimed 4,451 lives last year and 1,554 lives by March this year, the situation in Haiti has reached dire proportions. Despite ominous warnings from gang leaders, Higgins remains optimistic about the reception the peacekeeping forces will receive upon their arrival. "The local communities have been anxiously awaiting the Peacekeeping Mission led by Kenya to arrive," Higgins stated, stressing the urgent need for intervention to restore stability and security. Photo Higgins Brothers SurgicenterThe challenges facing Haiti are multifaceted, with gangs controlling key areas including the economic hub of Port-au-Prince, effectively paralyzing essential services and infrastructure. Dr. Ted Higgins with his team at the Higgins Brothers Surgicenter for Hope in Fonds Parisien, Haiti.

May 15, 2024 15:03 UTC

In a stunning turn of events, Paul was attacked at Coalinga State Prison in California, leaving many to wonder: where is Paul Flores now? American convicted felon Paul Flores in his twenties (L) and Paul Flores in his forties (R). Paul Flores faced a second violent attack in prison at California's Pleasant Valley State Prison. Paul Flores' fast factsWhat is Paul Flores' update? Paul Flores' father, Ruben Flores, was not sentenced to prison but was cleared of being an accessory after the fact for allegedly helping to conceal the crime.

May 15, 2024 13:40 UTC

Martinez's wife, and what about his background shaped him to become one of the most sought-after batters in the MLB? The professional baseball player was born on August 21, 1987, in Miami, Florida, United States of America. The Detroit Tigers signed Martinez to a minor-league contract on March 24, 2014. For instance, AP News said the player signed a one-year, $12 million contract with the New York Mets in 2024. Martinez played on?

May 15, 2024 13:32 UTC

Wiper leader Kalonzo Musyoka has threatened to organise nationwide demonstrations against the proposed Finance Bill, 2024. According to him, the demonstrations held in 2023 were meant to push the government to lower the cost of living. The Finance Bill, 2024 was published on May 9 and is set to be subjected to public participation. The Bill contains tax proposals that the Kenya Kwanza government wants to use to raise revenue and finance its ambitious projects. One of the proposals is the introduction of a Motor Vehicle Tax, at a rate of 2.5 per cent of the vehicle's value.

May 15, 2024 13:32 UTC





Impeccable Acting Skills: Babil Khan has garnered praise for his acting skills, displaying a depth and maturity beyond his years. Great Fashion Sense: Babil Khan's fashion choices have garnered attention for their unique and eclectic style. Appeal and Legacy: Babil carries a legacy of talent and integrity, not limited to his work as an actor. His appeal lies not only in his acting skills but also in his personality, which radiates warmth and authenticity. Strong Value System: Babil Khan's strong value system is evident in his actions and words.

May 15, 2024 13:08 UTC

In the 1980s, you would have been hard-pressed to find anybody who had access to cocaine not on cocaine. As such, it was only a matter of time before a movie would give it the spotlight…and that movie was 1983’s Scarface. Appropriately enough, Oliver Stone — then a serious lover of booger sugar — was tasked to write Scarface. I was doing cocaine, and I was really an addict, without knowing it.” He added, “I did all the research for Scarface on cocaine, in and out of the country. After Scarface, Oliver Stone turned it around in a huge way.

May 15, 2024 12:26 UTC

The President said he intends to raise the country’s average tax rate from 14 per cent to 16 per cent by the end of 2024 and aims for between 20 and 22 per cent by the end of his term in office. I want in my term, God willing, to leave it at between 20 and 22 per cent," Ruto said. Ruto’s remarks came barely a week after the introduction of the proposed Finance Bill 2024. The Finance Bill, 2024 was published on May 9 and is set to be subjected to public participation thereafter. One of the proposals is the introduction of a Motor Vehicle Tax, with a rate of 2.5 per cent of the vehicle's value.

May 15, 2024 11:44 UTC

Michael Schumacher's family have sold the F1 star's watches at auction - as his medical costs continue to spiral. What do you think of Michael Schumacher's watches going to auction? That watch sold for sold for $457,380 (£362,825). (Image: MARTIAL TREZZINI/EPA-EFE/REX/Shutterstock) (Image: AFP via Getty Images)In total, all eight watches sold for over £3.5million. Remi Guillemin, Christie’s European watch head, revealed he had discussions with Schumacher's family regarding selling the watches for the past two years.

May 15, 2024 11:41 UTC

Sports CS Ababu Namwamba has urged Kenyan athletes to be patient as government fixes stadiums even as some face prospects of competing outside Kenya to attain Olympic standards. Sports Cabinet Secretary Ababu Namwamba has defended government’s decision to close stadiums for major renovations even as athletes and federations grapple with where to hold various events. Namwamba has called on Kenyan athletes to take the short-term pain for long-term gain as the government fixes the facilities that have been neglected for long. Not any more.”Namwamba pointed at neighbouring countries who similarly closed their stadiums for major upgrades and now have facilities that meet international standards. ATHLETICS Olympic qualification headache for Kenyan athletes following stadium closure The closure of Nyayo and Kasarani stadiums is set to also bite Kenyan athletes as they will have to look for alterative venues out of the country to attain Olympic qualification times.

May 15, 2024 02:50 UTC

Assistant coach Mark Fox says he had lunch with Mark Pope at the Final Four and told him that Kentucky job was going to come open. “Your Alma mater is going to open up,” a prophetic Fox told Pope. “They’re going to call you.”Check out Fox’s interview on the UK Sports Network:“He and I had lunch at the Final Four and I told him you need to get ready… your Alma mater is going to open up, they’re going to call you”– @coachmarkfoxListen to the full episode; https://t.co/tnNUq00udUpic.twitter.com/0MJ6aPMuWU — Curtis Burch (@curtisburch) May 14, 2024Check out the full episode here

May 15, 2024 00:43 UTC

Between July 2021 and December 2023, SAMIM clashed 67 times with rebels in Cabo Delgado. The Rwandan Defence Forces and SAMIM's failure to share intelligence is one of the reasons why the insurgents are still in operation. Despite such success, the International Crisis Group (ICG) said the SAMIM did not achieve most of its goals in Cabo Delgado. "SAMIM has suffered from insufficient coordination between itself, the Rwanda Defence Forces [RDF] and the host nation's security forces. The Tanzanian Defence Forces were deployed under a bilateral agreement with Mozambique.

May 14, 2024 23:56 UTC

WORK IS UNDERWAY TO TRANSFORM THIS FORMER BLANK SLAB OF CONCRETE INTO COCA-COLA UNITED’S NEW HEADQUARTERS. A DECADE AGO, BIRMINGHAM’S COCA-COLA UNITED, THE NATION’S THIRD LARGEST COKE BOTTLER, BOUGHT THE PROPERTY. AND THE WAY IT’LL LOOK, YOU’RE GOING TO GET A GREAT SPOT COMING OFF THE INTERSTATE. AND IF YOU’RE FLYING IN, YOU’RE GOING TO GET A GREAT VIEW OF IT AS WELL. THE COMPANY IS SPENDING $338 MILLION TO TRANSFORM THIS FORMER PIPE FITTING PROPERTY INTO 500,000FT OF OFFICE AND SODA BOTTLING WAREHOUSE SPACE.

May 14, 2024 23:53 UTC

The proverb “The apple doesn’t fall far from the tree” aptly describes the trajectory of Jakes Nyanjom, son of former Radio Citizen presenter Joyce Gituro. Joyce Gituro's son Jakes Nyanjom, 18, is the new host of Drive Show at Homeboyz Radio. Photo: Jakes Nyanjom. Who is Jakes Nyanjom? Gituro gets mad at Jakes Nyanjom after prankPreviously, Gituro showed her serious side after thinking her son messed up.

May 14, 2024 23:27 UTC

Nick Cannon said he was looking for comedians to be part of his comedy show. Photo: Nick Cannon. Source: InstagramWill Kenyan comedians take part in Wild 'N Out? In a post shared on X, the actor disclosed that he was making the continental debut of his iconic comedy show Wild 'N Out. Nick Cannon meets Prophet Lovy Longomba for prayersIn January, Cannon and one of his baby mamas, Abby De La Rosa, visited Prophet Lovy Longomba so he could pray for their children.

May 14, 2024 21:12 UTC