As concerns about commodity prices grow, Kenya’s central bank unexpectedly hiked its benchmark interest rate for the first time in over seven years to underpin inflation…
Browsing: Central Bank of Kenya
A poll by the Central Bank of Kenya has shown that firms and organizations in that country believe that business activities will increase rapidly after the…
The Central Bank of Kenya has taken sanctionary measures against Ecobank Kenya Limited, barring it from taking any part in the foreign exchange market between March…
Digital and mobile money-lending apps in Kenya have been given until the end of September to either apply for an operating licence or cease operations. Governor…
The Central Bank of Kenya has issued an ultimatum to digital lenders in that country to renew their operating licenses by September of risk being proscribed…
Reports indicate that Mohammed Abdi, who was reinstated as Wajir Governor by the High Court, now wants the National Treasury, Controller of Budget, and the Central…
Following the Presidential assent of the Central Bank of Kenya (Amendment) Act 2021 on December 7, 2021,the law that will grant the CBK to license and…
The Central Bank of Kenya(CBK) has accepted bids worth KSh 17.4 Billion at the Weekly Treasury Bills Auction, which had a performance rate of 72.7%. The…
More people are opting to avoid using cash in their daily transactions in Kenya and this has reduced the use of Automated Teller Machines (ATMs) in…
Kenya’s annual inflation has risen to 5.9% in March. This is the highest rate in 10 months, from 5.8% in February. The inflation rate maintained an…