1. It’s No Rocket Science for Crooks to Steal From Your bank Account
That often takes a few days, during which your personal data will be handed over from one person to another. The net result is that with too many hands, and a lot of time, the person making the ATM card and the one who validates your details can conspire to clone the card. That sets the ground for the crime.
There is a stark contradiction though. Identity theft is not new, and neither is it restricted to online transactions.
2. A Third Of Insurers Risk Ban for Failing to Comply with the Law
A third of Kenya’s insurance companies risk deregistration after failing to comply with regulatory requirements by the December deadline with breach of ownership limits coming top.
Insurance Regulatory Authority (IRA) chief executive Sammy Makove said that 15 insurers have failed to meet regulatory requirements including shareholder limits, financial health and integrity of directors and executives.
3. Oil Output Slows for Tullow After Safety Alert
Tullow Oil appears to be losing its Midas touch after missing production estimates in the second half of 2012.
The oil exploration and production firm has built a reputation for making major discoveries, particularly in Africa.
But it said the second half of 2012 yielded 79,200 barrels per day, down from its earlier prediction of a range between 80,000 and 84,000, forcing the stock down more than 5 per cent
4. Brighter Look for Platinum as Demand Rises and Gold Looses its Lustre
Could platinum be a better bet than gold in 2013? Despite bullish analysts’ predictions on gold for this year, the precious metal had a lacklustre start. In contrast, the outlook for platinum may be brighter.
5. Kenyan Ammo Imported From Iran Traced to Militia in Border Regions
Kenya has imported “very large quantities of Iranian ammunition,” some of which has been transferred to civilian militias in Turkana, Uganda and what is now South Sudan, according to a group of independent arms-tracking experts.
Their report, published last month by Conflict Armament Research, names Iran as the manufacturing source of previously unidentified ammunition supplied to Kenyan security forces.
6. Nonini to Bag MCSK Millions
Hubert Nakitare a.k.a Nonini is leading in a list of artistes who will be receiving a cheque of six-digit figures as the Music Copyright Society of Kenya (MCSK) releases its first quarter royalty distribution today, MondayBlues has exclusively learned.
Maji Maji-owned Ivory Music, Charles Kanyi a.k.a Jaguar, Angela Chibalonza and Kevin Wyre are the other major beneficiaries, in that order.
7. Thousands March to Protest Russia’s new Adoption Ban
Thousands of people marched through Moscow on Sunday to protest Russia’s new law banning Americans from adopting Russian children, a far bigger number than expected in a sign that outrage over the ban has breathed some life into the dispirited anti-Kremlin opposition movement.
Shouting “shame on the scum,” protesters carried posters of President Vladimir Putin and members of Russia’s parliament who overwhelmingly voted for the law last month. Up to 20,000 took part in the demonstration on a frigid, gray afternoon.
8. One Way Ticket for First human Residents on Mars in 2023
Mars One (http://mars-one.com/en/), the Dutch not-for-profit company that is behind the plan to build a human settlement in the Red Planet by 2023, had the following sentences on its Web site: “The Mars One astronauts will depart Earth with the assumption they will never return . . . Mars becomes their new home, where they will live and work for what will likely be the remainder of their lives.”
However, New.com.au reported those sentences were eventually removed from the selection process announcement for astronauts on the Web site, although it is still included in the 3-minute, 57-second video introduction of the project.