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Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.

Yellow Card Closes $33M Series C Funding Round
Business Today KenyaCRYPTOCURRENCY

Yellow Card Closes $33M Series C Funding Round

Yellow Card, the largest and first licensed Stablecoin on/off ramp on the African continent, has announced the closing of its Series C financing. The $33 million equity financing was led by Blockchain Capital, with participation from…

2 min read
HF Group Eyes Ksh6 Billion Through Rights Issue
Business Today KenyaSTOCKS

HF Group Eyes Ksh6 Billion Through Rights Issue

Listed local financial solutions provider HF Group Plc (NSE: HFCK) has received regulatory approval from the Capital Markets Authority (CMA) to raise up to Ksh6 billion through a Rights Issue transaction. Robert Kibaara, the Group’s CEO…

2 min read
SportPesa Aviator Game Soars in Kenyan Casinos With Sh7 Million Free Bets
Business Today KenyaSMART MONEY

SportPesa Aviator Game Soars in Kenyan Casinos With Sh7 Million Free Bets

SportPesa, Kenya’s best online gaming platform, is making waves across the country with its latest groundbreaking promotion: Angukia aviator free bets. This innovative initiative is designed to reward loyal users of the trending aviator…

3 min read
Kenyan Banks Commit Sh450 Billion to Finance SMEs
Business Today KenyaBusiness

Kenyan Banks Commit Sh450 Billion to Finance SMEs

Members of the Kenya Bankers Association have committed Ksh450 billion towards supporting Micro, Small, and Medium-sized enterprises (MSMEs) over the next three years as part of the banking sector’s commitment to support access more…

3 min read
Tech Investment Yields Huge Returns in a Digital Economy
Business Today KenyaECONOMY

Tech Investment Yields Huge Returns in a Digital Economy

A one-US-dollar investment in digital transformation can yield an 8.3-US-dollar return in a country’s digital economy, according to the findings of the Huawei’s Global Digitalization Index (GDI) unveiled at GITEX Dubai 2024.

2 min read
Money Market Funds Interest Rates Are Falling in Kenya. Here’s Why
Business Today KenyaMarkets

Money Market Funds Interest Rates Are Falling in Kenya. Here’s Why

While stocks and bonds have whipsawed unpredictably, often painfully, over the last year or two, one area of the markets has been blissfully steady: money market funds. In the last six months of 2024, notably, investors were able to get an…

3 min read
Angel Investors Commit $350,000 to Creative Entrepreneurs
Business Today KenyaENTERPRISE 101

Angel Investors Commit $350,000 to Creative Entrepreneurs

African Export-Import Bank’s (Afreximbank) angel investors participating in a pitch session at the just-concluded CANEX WKND 2024 in Algiers have committed a total of $350,000 (about Ksh45 million) in investment into the three best pitches…

2 min read
New Airtel Data Plan Offers More Bundles to Customers
Business Today KenyaBusiness

New Airtel Data Plan Offers More Bundles to Customers

Airtel Kenya has launched New Airtel Data Plan offering their weekly and monthly data customers up to 50% more data at price points ranging from Ksh50 to Ksh1000.

2 min read
Northern Kenya Impact Investment Conference Scheduled For Next Week
Business Today KenyaNews

Northern Kenya Impact Investment Conference Scheduled For Next Week

The third Northern Kenya Impact Investment Conference is scheduled to take place on October 29 and 30, 2024, in Nairobi, Kenya. This event will focus on fostering economic growth and resilience across the ten northern Kenyan counties…

3 min read
How to Apply for a University in USA From Kenya
Business Today KenyaFEATURED ARTICLE

How to Apply for a University in USA From Kenya

Do you need information on how to study in the USA from Kenya? Keep reading to learn all about the application process, visa requirements, and the best universities for Kenyan students. Known as “the land of opportunity,” the USA is the…

7 min read
Ruto: Public Private Partnerships Is the Way to Go!
Business Today KenyaECONOMY

Ruto: Public Private Partnerships Is the Way to Go!

President William Ruto is calling on Kenyans to acknowledge the value of public-private partnerships (PPPs) as an alternative project delivery system amid the growing backlog of unmet public infrastructure needs across the country, with…

3 min read
LinkedIn Fined €310 Million for Violating European Data Privacy Rules
Business Today KenyaNews

LinkedIn Fined €310 Million for Violating European Data Privacy Rules

LinkedIn on Tuesday was fined a record 310 million euros ($336 million) and ordered to stop processing third-party data of its members for the purpose of behavioural analysis and targeted advertising without consent, in a major ruling…

3 min read
UOE to Issue Honorary Degree to 3X Olympic Champion Faith Kipyegon
Business Today KenyaNews

UOE to Issue Honorary Degree to 3X Olympic Champion Faith Kipyegon

During its 13th graduation ceremony on November 21, 2024, the University of Eldoret (UOE) will celebrate Faith Kipyegon, among other distinguished individuals and leaders, by conferring an honorary degree on the three-time Olympic champion…

1 min read
Safaricom Employed 1.2 Million People in Just One Year
Business Today KenyaBusiness

Safaricom Employed 1.2 Million People in Just One Year

Safaricom contributed Ksh983 billion to the Kenyan economy and sustained 1,283,329 jobs in the last financial year, according to the mobile services operator’s 13th Sustainable Business Report, launched on 24th October, as it begins its…

3 min read
Rallying Together For Breast Cancer Awareness
Business Today KenyaOpinion

Rallying Together For Breast Cancer Awareness

October marks Breast Cancer Awareness Month, a time dedicated to raising awareness, offering support, and championing the fight against a disease that affects millions globally. Breast cancer is one of the most common cancers in the world,…

3 min read
Mukuru Kwa Reuben Fire Destroys Over 40 Homes
Business Today KenyaNews

Mukuru Kwa Reuben Fire Destroys Over 40 Homes

A raging mid-morning fire at Mukuru kwa Reuben slums sent large plumes of smoke billowing across the urban ghetto of Nairobi on Tuesday as county firefighters delayed and failed to arrive at the scene to battle the flames on time. Shocking…

1 min read
L’Oréal and Lintons Unveil Groundbreaking Hair Academy in Nairobi
Business Today KenyaNews

L’Oréal and Lintons Unveil Groundbreaking Hair Academy in Nairobi

L’Oréal in partnership with renowned Kenyan beauty brand Lintons, has announced the grand opening of the Lintons Hair Academy by L’Oréal in Nairobi. This state-of-the-art institution marks a major milestone in African hairdressing…

2 min read