Central Bank of Kenya Stories

Banks face additional reporting rules as sector moves to spur green credit growth
Alfred Onyango  |  Apr 24, 2025

The push seeks to disclose data under the International Financial Reporting Standards (IFRS) S1 and S2, steered by the Kenya Bankers Association (KBA)...

CBK, commercial banks disagree over benchmark for determining lending rates
Maureen Kinyanjui  |  Apr 24, 2025

The banks argue that after interest rate caps were introduced on interbank lending, the use of this rate as a base would be more responsive to market...

Wetang’ula urges Baringo MPs to lead peace efforts amid rising highway attacks
Maureen Kinyanjui  |  Apr 24, 2025

Speaker Wetang’ula pointed out that the solution to Baringo’s insecurity cannot be left only to police officers or military from other areas, who may...

DCI takes over probe into sudden death of Kariobangi North MCA Joel Munuve
Maureen Kinyanjui  |  Apr 24, 2025

Munuve, elected as an independent candidate in the 2022 General Elections, was known for his unwavering independence.

Tanzania hits back at Malawi, South Africa with trade ban on agricultural products
Amina Wako  |  Apr 24, 2025

The trade measures include a complete ban on both the export and import of agricultural commodities between Tanzania and the two countries. In Malawi’...

Nairobi Assembly mourns Kariobangi North MCA Munuve, outspoken accountability champion
Maureen Kinyanjui  |  Apr 24, 2025

Munuve's boldness was perhaps most visible in 2023 when he initiated an impeachment motion against Governor Sakaja, citing mismanagement and poor serv...

Kinshasa flood disaster highlights deadly mix of rapid urban growth and poor infrastructure
The Conversation  |  Apr 23, 2025

Of Kinshasa’s two flood risks, the impact of Congo River flooding can be observed in large cities located along major rivers, and typically peaks arou...

Kariobangi North MCA Joel Munuve is dead
Maureen Kinyanjui  |  Apr 22, 2025

Speaker Kenedy Ngondi said Munuve was headed to the office in the CBD on Tuesday morning when he developed chest pains.

Should Africa be worried about earthquakes?
DW News  |  Apr 20, 2025

In Africa, fault lines stretching across the continent pose serious risks, yet preparedness remains low.

Billions lost as taxpayer-funded markets lie incomplete, vandalised
Lucy Mumbi  |  Apr 20, 2025

This comes even as President William Ruto continues to launch new market initiatives, including recent projects in Nyandarua and Laikipia counties, ra...

Kenyan shilling rebounds with 14 per cent year-on-year gain in Q1, 2025
Alfred Onyango  |  Apr 19, 2025

In real figure terms, the 14 per cent gain during the quarter means importers in the country were spending Sh14 less to buy a dollar for importation c...

Optimism in Mombasa as Salaam Microfinance Bank opens Shari’ah-compliant branch
Farhiya Hussein  |  Apr 19, 2025

The launch on Saturday drew local dignitaries, community leaders, and hundreds of residents eager to witness the arrival of a Shari’ah-compliant finan...

Haemophilia association calls for government funding to address treatment gaps
Maureen Kinyanjui  |  Apr 19, 2025

Haemophilia is a disorder where blood does not clot properly, leading to prolonged bleeding after injuries or surgeries.

Why Kinshasa keeps flooding and why it's not just about the rain
The Conversation  |  Apr 18, 2025

Local rains combined with runoff from torrential rains coming from neighbouring Congo Central Province quickly overwhelmed the city’s small urban trib...

DIB Bank Kenya opens 7th branch in South C, Nairobi
Alfred Onyango  |  Apr 16, 2025

The lender also said the launch reinforces its commitment to providing accessible Shariah-compliant financial solutions in the country.

CBK ends 10-year banking licence ban, sets Sh10bn capital threshold
Lucy Mumbi  |  Apr 16, 2025

Following the lifting of the moratorium, CBK said all new entrants will be expected to demonstrate their ability to meet the new minimum capital thres...

MPs demand action as KURA–Kenya Railways dispute stalls Sh892m Likoni Road bridge project
Maureen Kinyanjui  |  Apr 16, 2025

Nairobi Woman Representative Esther Passaris asked why proper consultation wasn’t done at inception, while MP Paul Katana proposed that a variation of...

State launches crackdown on illegal shisha outlets in Nairobi
Rachael Mutabasi  |  Apr 14, 2025

The coordinated exercise resulted in the arrest of several individuals and the seizure of multiple shisha delivery systems.

Banks navigate perfect storm to post Sh181bn in profits
Lucy Mumbi  |  Apr 14, 2025

This is an improvement from the Sh162.3 billion recorded during a similar period in 2023, underlining the sector’s ability to withstand economic press...

Diaspora remittances record slower growth as Kenyans send home Sh159.5 billion in three months
Lucy Mumbi  |  Apr 14, 2025

Data from the Central Bank of Kenya (CBK) shows that February recorded the slowest increase in remittance flows for the quarter, compared to the other...

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