Central Bank of Kenya Stories

Pressure mounts on finance executives to operationalise County Assembly Funds
Maureen Kinyanjui  |  Oct 02, 2025

The law requires each county to set up a County Assembly Fund, managed by the clerk, to receive and retain all assembly monies. Any withdrawals must b...

CBK threatens daily penalties as eight banks defy lending rate cuts
Maureen Kinyanjui  |  Oct 02, 2025

Only six institutions: Citibank N.A. Kenya, Absa Bank Kenya, Credit Bank, Standard Chartered Bank Kenya, Stanbic Bank Kenya and Victoria Commercial Ba...

Citibank leads with lowest lending rate at 10.85 per cent in August rankings
Charity Pancras  |  Oct 01, 2025

Ecobank Kenya and Guardian Bank charged 12.96 per cent and 13.63 per cent, respectively, still below many other institutions.

Court bars businessman Kung’u Muigai from defaming Justice Isaac Lenaola
Carolyne Kubwa  |  Oct 01, 2025

According to court documents, Kung'u Muigai is alleged to have linked Justice Lenaola and other senior judges to corruption and further insinuated the...

Africa’s 2030 electrification mission surges, connecting 30 million in first year
Alfred Onyango  |  Sep 30, 2025

The World Bank committed to providing electricity access to 250 million people, with the African Development Bank (AfDB) aiming to reach an additional...

Taliban shuts down internet indefinitely in Afghanistan
DW News  |  Sep 30, 2025

On orders from the ruling Taliban, Afghanistan's telecommunications authorities have capped fiber optic internet access. It is unclear how long teleph...

Congestions, delays push Mombasa Port to position 375 of 403 worldwide- World Bank
Maureen Kinyanjui  |  Sep 30, 2025

While Kenya’s main gateway struggles, other regional ports are recording improvements. Dakar in Senegal has moved from a CPPI of –82 in 2023 to 23 in...

Counties face tightened oversight as Controller of Budget gains access to bank accounts
Maureen Kinyanjui  |  Sep 30, 2025

The reform introduces a new layer of oversight over county finances, allowing the budget controller to track cash movements and flag questionable acti...

New era in Wajir as students celebrate as ID cards arrive just one week after registration
Issa Hussein  |  Sep 29, 2025

Most of the students from Wajir Secondary School were registered last week during the Ministry of Interior and National Administration’s Jukwaa la Usa...

Mombasa launches major crackdown on unsafe buildings with 60-day ultimatum
Farhiya Hussein  |  Sep 29, 2025

According to the notice, properties occupied without inspection, a completion notice, and a certificate of occupation violate the law—a situation offi...

Shabana tops SportPesa League as Posta Rangers keep pace
Charity Pancras  |  Sep 29, 2025

Shabana tops the table with a superior goal difference, having scored five goals and conceded only two.

Nepal imposes travel bans on ex-PM Sharma Oli, four senior officials over protest violence
Bashir Mbuthia  |  Sep 29, 2025

The demonstrations, which began on 8 September after a short-lived social media ban, soon escalated as frustrations over corruption and economic strug...

Senate launches probe into Sh14.5 billion currency printing deal over irregularities
Lucy Mumbi  |  Sep 29, 2025

The inquiry seeks to establish whether the Central Bank of Kenya (CBK) bypassed procurement laws and approved direct sourcing of German firm Giesecke+...

CBK to roll out compensation rules for e-money and digital wallet fraud
Lucy Mumbi  |  Sep 29, 2025

The initiative seeks to address gaps in recourse mechanisms for digital wallets and improve safeguards for users of digital financial services (DFSs).

Shabana claim second straight FKF Premier League win after beating Bandari 1-0
Erick Kariuki  |  Sep 28, 2025

Michira, who scored twice in Shabana’s opening-day victory against APS Bomet, connected with a precise cross from substitute Bronson Nsubuga at the fa...

Four officers linked to illegal arms, ammunition trade arrested
Maureen Kinyanjui  |  Sep 27, 2025

The arrests announced by the DCI on Saturday followed weeks of investigations by the Operations Support Unit, which had been tracking the officers ove...

KNH conducts complex facial reconstruction surgery on young boy injured in Isiolo-Meru bandit attack
Rachael Mutabasi  |  Sep 26, 2025

The procedure aimed to restore both function and appearance to the boy’s face following the severe injuries he sustained in the attack, which affected...

IMF says elections, climate shocks threaten Tanzania’s economic gains
Maureen Kinyanjui  |  Sep 26, 2025

The Fund observed that the country’s output expanded by 5.4 per cent in the first three months of 2025, but warned that deeper reforms are needed to p...

KCB eye back-to-back wins as they host Mathare United at Kasarani Annex
Erick Kariuki  |  Sep 26, 2025

Both teams are chasing early momentum in the 2025/26 season, with KCB looking to build on a strong start and Mathare eager to bounce back from an open...

Kenya to reopen regional police training hubs in fight against terrorism and banditry
Issa Hussein  |  Sep 25, 2025

Interior and National Administration Cabinet Secretary Kipchumba Murkomen said the decentralisation of police training would enhance the effectiveness...

Senators push for real-time access to county bank accounts amid Auditor-General warnings
Lucy Mumbi  |  Sep 25, 2025

Beyond real-time access, senators also directed the National Treasury to work with the Auditor-General’s office to conduct a comprehensive audit of al...

27 more firearms surrendered in Tot in Kerio Valley disarmament operation
Rachael Mutabasi  |  Sep 25, 2025

According to the NPS, the milestone reflects the goodwill and commitment of residents and peace stakeholders determined to end the cycle of violence t...

Inequality, fragile trust threatening global progress on social justice - ILO
Alfred Onyango  |  Sep 25, 2025

According to the International Labour Organisation (ILO), while the world is wealthier, healthier and better educated than in 1995, the benefits have...

How to bake yummy banana bread for friends and family
Margaret Wanjiru  |  Sep 25, 2025

With minimal effort and maximum reward, banana bread has become a symbol of shared joy, best enjoyed warm with friends and family.

When the IMF comes to town: Why they visit and what to watch out for
The Conversation  |  Sep 24, 2025

The IMF provides the financing on an unsecured basis. It tries to ensure that it will be repaid by making the financing subject to policy conditions,...

75 per cent of the world’s poorest children live in Sub-Saharan Africa - report
Alfred Onyango  |  Sep 24, 2025

In 2024, the findings show that over 311 million children in the region lived in households surviving on less than $3 (Sh388) a day, the revised globa...

Private sector credit surges to Sh10.7 billion in June as lending recovers
Maureen Kinyanjui  |  Sep 24, 2025

Further, the CBK’s consecutive reductions in the indicative lending rate, including the latest cut to 9.50 per cent in August, made loans more afforda...

CBK's Kamau Thugge scores ‘A’ in global finance rankings for steering Kenya’s economy through turbulence
Rachael Mutabasi  |  Sep 23, 2025

Over the past year, Kenya has maintained inflation within the target range, while the shilling has remained stable against major currencies. Interest...

Kenyans drop fridges, sofas and cars as loan collateral, turn to livestock
Lucy Mumbi  |  Sep 22, 2025

Data from the Business Registration Services reveals that the total number of items pledged fell to 132,374 in the year ended June 30, with most Kenya...

RUPHA raises alarm over Ruto's SHA cover rollout for vulnerable Kenyans, citing legal violations
Lucy Mumbi  |  Sep 22, 2025

The association says the National Treasury and county governments have yet to allocate the funds required under the Social Health Insurance Act 2023.

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