Latest News from Kenya

Discover the most recent stories shaping Kenya, from business developments and economic trends to cultural events and social issues. Business Today delivers comprehensive coverage, keeping you informed about the latest happenings across various sectors, ensuring you never miss an important update in this vibrant nation.

netflixs 83 billion warner bros discovery deal sparks alarm among multiplexes
FEATURED STORY

Hollywood fears job cuts as opposition to Netflix-Warner deal grows

Hollywood is bracing itself for more belt-tightening and job losses if Netflix’s $83bn deal to acquire Warner Bros goes through, as entertainers and...

Hamad Ali Al-Khater, the new CEO of Qatar Airways (Image Courtesy Qatar Airways)
LEADERSHIPNEWS

Qatar Airways appoints new Group CEO

In an official announcement released by Qatar Airways, Hamad Al-Khater has been named as Group Chief Executive Officer effective immediately, replacing former chief...

Netflix Warner Brothers Merger
BUSINESSMEDIANEWS

Netflix Closes $82.7 Billion Blockbuster Deal for Warner Bros. and HBO Max

Netflix Inc. has agreed to acquire the studio and streaming assets of Warner Bros. Discovery Inc. (WBD), a landmark $82.7 billion deal that...

Oil rig at the Ngamia-1 well in the Lokichar basin.
BUSINESS

Govt: Decade-Long Stalled Turkana Oil Project Set to Begin Next Year

Kenya is on the verge of finally unlocking commercial oil production in Turkana, with the Energy Ministry urging Parliament to quickly approve the...

CBK headquarters in Nairobi
FEATURED STORY

CBK Receives Bids Worth KSh53.1Billion at Auction, a 132.8% Oversubscription

CBK(Central Bank of Kenya) received bids worth KSh 53.1 Billion at the December Treasury Bills Auction, out of KSh 40 billion it had...

From left - KCB Bank Kenya Director of Retail Banking, Jane Isiaho and Visa Country Manager and Senior Business Development Leader for Kenya, South Sudan and Somalia, John Njoroge during the launch of Tap-To-Phone solution which will enable business owners to accept card payments directly on their Near-Field Communications (NFC) enabled Android smartphones without the need for a traditional point-of-sale (POS) machine.
BUSINESS

KCB and Visa Partner to Enable Card Payments via Smartphones

KCB Bank Kenya has partnered with Visa to launch a Tap to Phone contactless payment solution that will allow merchants to accept card...

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

Treasury, CBK Sound Alarm as Financial Health Collapses Despite Inclusion Boom

The National Treasury and the Central Bank of Kenya (CBK) have released new data showing a worrying trend that Kenya’s financial inclusion has...

Energy PS Alex Wachira going through the annual report with(L R)Eng Peter Njenga, KenGen Board Chairman Agoi
BUSINESSECONOMYFEATURED STORYMARKETSNEWSSTOCKS

KenGen to Pay Government KSh 4.2 Billion As Dividends

KenGen (Kenya Electricity Generating Company PLC) shareholders approved a first and final dividend of KSh 0.90 per share at its recently held 73rd...

Grace Kamau during the FiRe Award conference
BUSINESS

Regulators Renew Pressure on Organisations to Follow IFRS and IPSAS

Kenya’s financial regulators have renewed their push for stronger compliance with international reporting standards. They said public and private organisations must follow IFRS...

Gachagua Allies Attack PS Omollo Over Illicit Brew Remarks
POLITICS

Wanga vs Omollo: Inside Nyanza’s Fiercest Political Showdown, And Who Will Blink First

A simmering political rift between Homa Bay Governor Gladys Wanga and Interior Principal Secretary Raymond Omollo has exploded into one of the fiercest...

CPR2522 scaled
BUSINESSNEWS

Bolttech Acquires Kenya’s mTek to Bolster Africa Presence and Digital Insurance Reach

Global insurtech company bolttech has expanded its footprint in Africa, announcing the acquisition of Kenyan digital insurance platform mTek. The deal, finalized on...

The banks have also partnered with various organisations to help reduce risks for women-owned SMEs.
BUSINESS

Access Bank and NBK Unite to Expand Funding for Women Entrepreneurs

Access Bank Kenya and the National Bank of Kenya have introduced a new programme aimed at strengthening women-led and women-backed businesses across the...

Safaricom house the rise of Safaricom
BUSINESS

Govt to Sell Safaricom Stake as it Eyes Ksh244B for Infrastructure Fund

The Government of Kenya is preparing to sell a portion of its shareholding in Safaricom PLC, opening the way for Vodafone Kenya Limited...

Robert Grabriel Mogabe international airport
NEWSPERSON OF INTEREST

Access Denied: Power Broker and Businessman Anthony Odiero Barred From Entering Zimbabwe

Renown Nairobi businessman, Anthony Odiero, who also doubles as a continental power broker in Africa, was on Tuesday stopped at the 'Robert Gabriel...

Family Bank Wangige branch
BUSINESS

Family Bank Raises Ksh8B in Oversubscribed Share Offer

Investors have poured Ksh 8 billion into Family Bank, exceeding the bank’s initial target of Ksh 6.090 billion and achieving an oversubscription of...