In a statement released on Monday, December 2, KTN explained that the merger aims to provide audiences with a comprehensive range of content in one platform.

“Since 1990, KTN has been an integral part of your lives, evolving into a cherished heritage brand. From delivering hard-hitting news to offering captivating entertainment, we have been your trusted companion, amplifying voices and sharing stories that matter.

“Today, we are thrilled to announce the merger of KTN Home and KTN News into one unified brand: KTN. This bold step brings together the best of both worlds—your favorite family entertainment and reliable, fact-based journalism—all in one place,” the statement read.

The network emphasized that the revamped KTN will cater to a diverse audience, offering a broad spectrum of content ranging from news to entertainment.

“The new KTN has something for everyone: in-depth news, investigative reports, local dramas, Hollywood movies, talk shows, sports, youth-oriented programs, and much more.

“Whether you tune in on TV, laptop, or mobile, we guarantee a rich and engaging experience. With passionate and fearless journalists at the forefront, KTN remains dedicated to prioritizing facts—because you come first,” the statement continued.

Founded in 1990, KTN made history as Kenya’s first privately owned television station. In 2015, the station expanded its offerings by launching KTN News, a 24-hour news channel.

The initial 0.25% rate cut was implemented on November 28, with an additional 0.5% reduction set to take effect on December 23, 2024.

This adjustment will benefit customers across various segments, including Corporate, SME, and Personal Banking, aiming to ease financial burdens and enhance growth opportunities for businesses and individuals.

Gul Khan, CEO of I&M Bank Kenya, emphasized the significance of this move:
“At I&M Bank, we are committed to putting our customers first, aligning with our customer-centric approach to business. This interest rate reduction will help lower operational costs for customers in Corporate, SME, and Personal Banking, empowering them to pursue their growth ambitions. The overall trend of declining interest rates in Kenya is a positive development for businesses and consumers alike.”

The rate cuts are expected to offer financial relief and support economic recovery amid a dynamic economic environment.