Central Bank of Kenya,Central Bank Rate,Kenya Bankers Association Stories
Commercial banks argue that low inflation, a stable exchange rate and strained private sector credit make a strong case for further easing of the Cent...
The latest Stanbic Bank's Purchasing Managers’ Index (PMI), which gauges the level of private sector activities, rose to 51.9 during the month, from 4...
James Ikeny Loyelei (Kanamkemer MCA), the Water, Sanitation, Environment, and Climate Change Committee chair, emphasised the need to strengthen water...
The manager was charged with theft by servant, acquisition and possession of proceeds of crime, use of proceeds of crime, forgery, and uttering false...
According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...
Mobile lending apps lead in most markets, especially Uganda (37 per cent), Ghana (33 per cent), Kenya (30 per cent), Tanzania (27 per cent), and Niger...
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...
Only six institutions: Citibank N.A. Kenya, Absa Bank Kenya, Credit Bank, Standard Chartered Bank Kenya, Stanbic Bank Kenya and Victoria Commercial Ba...
Ecobank Kenya and Guardian Bank charged 12.96 per cent and 13.63 per cent, respectively, still below many other institutions.
According to court documents, Kung'u Muigai is alleged to have linked Justice Lenaola and other senior judges to corruption and further insinuated the...
The World Bank committed to providing electricity access to 250 million people, with the African Development Bank (AfDB) aiming to reach an additional...
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...
The reform introduces a new layer of oversight over county finances, allowing the budget controller to track cash movements and flag questionable acti...
The inquiry seeks to establish whether the Central Bank of Kenya (CBK) bypassed procurement laws and approved direct sourcing of German firm Giesecke+...
The initiative seeks to address gaps in recourse mechanisms for digital wallets and improve safeguards for users of digital financial services (DFSs).
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...
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...
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...
According to the International Labour Organisation (ILO), while the world is wealthier, healthier and better educated than in 1995, the benefits have...
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,...
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...
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...
Over the past year, Kenya has maintained inflation within the target range, while the shilling has remained stable against major currencies. Interest...
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...
Announcing the decision on Sunday, Canadian Prime Minister Mark Carney said Canada has always supported the idea of Palestine and Israel living side b...
The assessment highlights that Ethiopia’s repayment risks are aggravated by “bunching of debt service in the near to medium term” and by the sharp dec...
She added that the correction will be reflected in a revised edition of the Annual CGBIRR for 2024/25 to “maintain the integrity and accuracy of the p...
The estate had sued the lender in March 2024, demanding a full account of the missing money and the identities of those who benefited from the withdra...
Vipingo SEZ is one of Kenya’s flagship projects under the Special Economic Zones Authority (SEZA), envisioned as a catalyst for attracting investment...
TSA will enable daily, real-time monitoring of all government funds, reduce account fragmentation, and close gaps that previously allowed the misuse o...
