Browsing Tag
Central Bank of Kenya
9 posts
Kenya’s Inflation Rises Steadily on a Ten-Month High
Kenya’s annual inflation has risen to 5.9% in March. This is the highest rate in 10 months, from…
April 2, 2021
Kenya’s Public Debt Rises to $66.1Bln
Kenya’s public debt rose by 1.3 trillion shillings ($11.8 billion) in 2020. This is as the east African…
January 31, 2021
Kenyan Banks Restructure 54.2% of the Banking Sector Loan Book
By the end of 2020, personal and household loans amounting to KSh 333 billion had their repayment period extended. Banks also restructured loans amounting to KSh 1.29 trillion issued to sectors like trade, manufacturing, agriculture, and real estate.
January 28, 2021
Kenyans in Diaspora Make Sh329.41 billion Remittances Despite Pandemic
Kenyans living abroad made an average Sh6.33 billion weekly remittances in spite of 2020 economic lows induced by the pandemic.
January 19, 2021
Kenya to Conduct Survey on Diaspora Remittances
The first-ever survey of its kind, will be conducted in February and March, and will be spearheading by the the Central Bank of Kenya (CBK).
January 15, 2021
Kenya Terminates Covid-19 Tax Relief Amid Debt Default Risk
Kenya’s National Treasury Cabinet Secretary Ukur Yatani on Friday issued a statement saying the corporate tax rate also reverts to 30 percent from 25 percent while the value added tax (VAT) reverts to 16 percent from 14 per cent.
December 5, 2020
Central Bank of Kenya Maintains Rate At 7%
The Central Bank of Kenya (CBK) has left its benchmark rate unchanged at 7% for the fifth time…
November 27, 2020
US Seeks Kenya Shilling Devaluation Amidst Trade Talk
The Central Bank of Kenya (CBK) has denied the possibility of devaluing the Kenyan Shilling. Talks of the…
October 5, 2020
Kenya to sell six-year infrastructure bond
The Central Bank of Kenya will sell a six-year, amortised infrastructure bond to raise $240 million this month.…
May 16, 2020