by admin | Mar 24, 2025 | business, employment, equities, job, news
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Kenyans are still coming across fraudulent job postings circulating on various social media platforms.
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In March 2025, Equity Bank Kenya identified a fraudulent announcement claiming there were more than 400 available teller roles for jobseekers.
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The job posting encouraged applicants to send their application information through email addresses that were not associated with the bank’s official website domain.
The LIFEHACK.co.ke correspondent Wycliffe Musalia boasts more than six years of expertise in areas such as finance, commerce, tech, and environmental issues, providing significant understanding of both Kenya’s and worldwide economic patterns.
Equity Bank Kenya has identified a fraudulent job posting circulating on social media platforms.
The lender cautioned job seekers about the advertisement claiming there were 412 open bank teller roles.
What Equity Bank commented regarding the fraudulent job posting?
The bank labeled the advertisement as fraudulent, alerting Kenyans that the ad was neither authentic nor valid.
The equity warned against disclosing sensitive personal details, such as banking information, to fraudsters in this way.
The lender cautioned, ‘Stay alert and refrain from disclosing personal or financial details to scammers.’
The bank stated that it exclusively promotes employment opportunities through its officially sanctioned social media platforms and website.
In early March, Equity Bank announced multiple job openings, encouraging eligible Kenyan citizens to submit their applications.
The financial institution, employing over 8,000 staff members, aimed to attract potential applicants for roles as senior executives and analytical professionals.
The bank encouraged potential applicants to visit the institution’s career website to review the job criteria and apply online.
Ways to spot fraudulent employment listings
The advertisement encouraged applicants to send their information through email addresses using Outlook or Gmail domains, which do not correspond to the bank’s official web address.
As per career development expert Simon Ingari, job seekers should initially confirm the authenticity of the job posting through the organization’s website or verified social media channels prior to submitting their application.
“Job applicants ought to investigate the organization by visiting their official site for professional insights and recent developments, examining their social media profiles on LinkedIn, Facebook, and Instagram, as well as perusing feedback from current and former employees on sites such as Glassdoor,” stated Ingari during an exclusive talk with LIFEHACK.co.ke.
Ingari pointed out that it’s essential for every job seeker to look up the official recruitment email and domain names prior to submitting their application.
What are some other organizations that have identified fraudulent job postings?
In March 2025, the Kenya Ports Authority (KPA) alerted Kenyans and the broader public about avoiding fraudulent activities initiated by criminals who were disseminating a bogus job posting on the internet.
The authorities mentioned they have not promoted these opportunities publicly; however, information regarding open job positions can be accessed through their official webpage.
The Kenya Power and Lighting Company (KPLC) debunked a false job announcement that claimed over 200 positions were available.
KPLC stated that the job announcement was fraudulent, emphasizing that they exclusively post vacancy notices on their official website.
The Public Service Commission (PSC) likewise issued a warning, cautioning job seekers about tactics employed by scammers who promise employment opportunities within the government sector for Kenyan citizens.
The PSC stated that it does not impose charges for job shortlisting, recruitment, promotions, or appeals and urged citizens to report any instances of fraud.
by admin | Mar 24, 2025 | military, russia ukraine conflict, russian armed forces, ukraine, ukraine politics
From the beginning of the conflict, Ukraine has consistently employed creativity to disrupt Russian tactics, or at least to hinder the progress of the Kremlin’s military forces.
On March 22nd, which was a Saturday, the
General Staff of the Ukrainian Military Forces
verified that its air force had, once again, struck true.
The Ukrainian Air Force effectively targeted and hit a Russian border outpost’s command and control center located in Glotovo within the Belgorod region.
reported the news agency
RBC-Ukraine
.
The enemy, considerably weakened
Even though the Russian soldiers made significant attempts to safeguard and defend this crucial position, multiple items of equipment and devices were damaged and entirely obliterated.
Removing this command post substantially diminishes the enemy’s capacity to launch assaults against Ukrainian defense forces in the Sumy and Kharkiv areas,
stated the Ukrainian command.
(MH featuring Manon Pierre – Source: L’Indépendant – Illustration: ©Unsplash)
by admin | Mar 24, 2025 | cryptocurrency, cryptocurrency investing, financial markets, future of cryptocurrencies, investors
Over 600,000 Romanians invest in cryptocurrencies, according to Horia Gustă, president of the Association of Fund Administrators (AAF), quoted by
Economica.net
For comparison, the stock exchange counts merely 220,000 investors.
According to Horia Gustă, the primary barriers to attracting additional investors to regulated markets like BVB are the regulatory rules and insufficient financial literacy.
As traditional financial markets face extensive regulation from the European Union, cryptocurrency firms have operated with minimal oversight up until now, as he points out.
“The European market is highly regulated, making it impossible to see any advertisements for investment funds. These numerous regulations do not seem beneficial. In contrast, crypto operated without such rules and progressed significantly within just a few years,” stated the AAF president.
iulian@romania-insider.com
(Photo source:
Loft39studio/Dreamstime.com
)
by admin | Mar 24, 2025 | agriculture, commerce, fruit, italy, romania
Yami Fruits, a company specializing in strawberries and blueberries owned by four Romanian entrepreneurs, is constructing a facility for fruit processing and packaging in the commune of Şoimuș, located in Hunedoara County. The funding comes from the Just Transition scheme, which supports areas affected by decarbonization, as reported.
Ziarul Financiar
.
The cultivation of blueberries and other forest fruits in Romania has rapidly expanded in recent years; however, the statistical offices’ obsolete classification systems do not account for these newer crops. As a result, the National Institute of Statistics (INS) cannot supply accurate nationwide production figures, even though specialized agricultural departments are furnishing local data at the county level. It is reported that more than 6,000 tons of berries are gathered each year in Romania, with approximately 85% being exported.
Greennews.ro
.
Ciprian Virgil Munteanu, who works as an economist and is associated with Yami Fruits, stated, “We aim to construct a facility for sorting, processing, and packing fruits into containers weighing either 250 grams or 500 grams. Since our products are perishable, it’s essential that we sort the fruit prior to packaging.”
The firm is under the control of Ciprian Virgil Munteanu, holding 60% of the shares, followed by Graţian Lupu with 15%, Marius Florin Pădure contributing another 15%, and Răzvan Nita owning the remaining 10%.
The public records indicate that the firm declared a revenue of RON 31 million (approximately EUR 6.2 million) for the year 2023, marking an increase of 66% from the prior year, along with a net income of RON 724,000.
iulian@romania-insider.com
(Photo source:
Jack Kunnen
/
Dreamstime.com
)
by admin | Mar 24, 2025 | business, commerce, europe, european union, news
Liberty Galati, the only fully integrated steel manufacturer in the area, aims to restart operations at full capacity, targeting 2 million tons annually. This figure represents roughly two-thirds of its designed capacity as outlined in the pre-insolvency proposal sanctioned by the court earlier this month. Additionally, adjustments in the EU’s plans for defense and energy might provide support crucial for its survival.
Liberty Galati needs to develop a recovery strategy within two months, aiming for production levels exceeding 172,000 tons monthly, as indicated in the pre-insolvency document reviewed by Profit.ro. The European Union’s initiatives to enhance defense manufacturing, tackle inexpensive steel imports, and establish more feasible carbon reduction goals might arrive suitably timed to aid the firm during this critical period where its existence hangs in the balance.
The preliminary insolvency process enables the firm to utilize the RON 750 million loan provided by Exim Banka Românească exclusively for operational funding.
Moreover, Liberty Steel was assured of RON 350 million worth of contracts from firms in the defense sector – however, this hinges upon how swiftly these companies can formulate their production plans.
The Romanian steel manufacturer will additionally gain advantages from the extension of the favorable policy designed for energy-heavy businesses regarding the payment of “green certificates.” For the last decade, these energy-consuming firms were permitted to buy reduced numbers of green certificates—a method used to support wind and solar initiatives—though this program is scheduled to conclude at the end of this year.
Nevertheless, the elevated energy costs in Romania relative to many other European nations pose significant challenges for Romanian businesses, such as Liberty Steel.
Ultimately, the European Union’s decision to restrict the imports of cheap steel might assist Liberty Steel in achieving profitability.
The European Union plans to impose stricter steel import quotas, aiming to decrease imports by an additional 15% starting from April. This announcement was made last week by Stefan Sejourne, the Executive Vice President of the European Commission, according to reports.
G4media.ro
The move aims to stop the European market from becoming saturated with inexpensive steel, in response to the 25% tariffs on steel and aluminum imports introduced by President Donald Trump.
iulian@romania-insider.com
(Photo source: Liberty Galati)
