Phode News Hub

Most Kenyans with ambitious plans invest their non-disposable income in buying shares and stocks from top-rated companies.  Available Investment Opportunities Investing in stocks:  For example in Kenya you can devote your capital in the Nairobi Stock Exchange Market (NSE). Stock Market is undoubtedly one of the greatest wealth creation tools. One can open a Central Depository System (CDS) account to facilitate the process of purchasing and transferring shares that can be traded at the stock exchange. CDS account can be opened with a stock broker or on phone through AIB Digi and G-Kuze trading apps. Alternatively, CDS account can be opened with your bank as most financial institutions offer brokerage services. Commercial Banks are eligible for application of a CDS account directly at the Central Bank of Kenya. In 2016, CDS unveiled a system that enables investors to securely track their shares portfolio using their mobile phones. How to choose the right stock broker Technology:...

Algeria has set history as being the first African Country to pay the unemployed young citizens. The government made a promise to fund close to 580,000 job seekers, each of them, about $91 every month. Those who will benefit from Algeria’s government social welfare scheme are aged between 19 and 40 years. The permanent unemployment-benefits initiative comes at a time when oil income in Oil Producing and Exporting Countries (OPEC) surges. The scheme is a move to tone down social unrest among the young population who seem to be the majority. As Algeria hinges to cash crunch shoppers there were reported by BBC World News stating that, “buying oil is like buying drugs.” They are feeling the heat of dwindling food supply and prices upsurge. Algeria is reportedly one of the largest Africa’s exporters of natural gas. During the era of Muammar Gaddafi, Libya also offered similar services to its citizens. Social protection funds have steadily thrived over the last few years, especially in respo...

U kraine’s Minister for digital transformation Mykhailo Federov is heavily relying on technology to brave Russian attack.  Mykhailo Federov operates from an underground shelter in a concealed site in Kyiv, while Ukraine’s President Voldymyr Zelensky joins the military forces for physical confrontation above. Federov turned the sedate government Twitter handle into a social media mortar that’s persuading world’s authoritative tech companies to close business in Russia as a protest against Russian incursion in Ukraine. Federov is urging tech-gurus like Elon Musk to deploy satellites for the benefit of Ukrainians. He uses his smartphone to reach out to the world. His tweet triggered Musk to react within 48 hours and attuned his pattern of Starlink satellites and dispatched a volume of internet-ready Starlink terminals to Ukraine. The service is crucial in the stability of internet services should the telecommunication networks be dismantled. However, Musk warned that Russian missiles ...

D eputy President William Ruto and opposition leader Raila Odinga stare at a possible predicament as they seek to expand their coalition lattices in order to accommodate new players. The entry of ANC leader Musalia Mudavadi and his Ford Kenya colleague Moses Wetangula into Ruto’s camp has compounded things on the DP’s initial camp. Recently, Mathira MP Rigathi Gachagua spilled everything and told new entrants to forget about the running mate position. According to Gachagua, the Deputy President slot is a preserve of Mt Kenya. This argument is reinforced basing on the numerical strength of supporters being brought onboard.  Mt Kenya region is among the top vote-rich zone in Kenya. The region has produced three presidents of Kenya – Jomo Kenyatta (Kiambu), Mwai Kibaki (Nyeri) and Uhuru Kenyatta (Kiambu). Owing to their proximity to power, leaders from the region want to remain a heartbeat away from presidency after the retirement of President Uhuru Kenyatta.  Raila Odinga is mos...