The CBK on October 7 reduced its Central Bank Rate to 9.25 per cent from 9.50 per cent, continuing a trend of monetary easing that began in August 202...
CBK in its latest Monetary Policy Committee meeting slashed the base lending rate for the eighth consecutive time to 9.25 per cent, from the highs of...
Concerns over taxation also increased sharply, with the proportion of CEOs identifying it as a major challenge climbing from 15 per cent to 19 per cen...
A new CBK survey shows none of the firms in the sector plans to hire new workers in 2025, raising questions over the government’s affordable housing p...
Kenya’s upgraded forecast comes amid signs of recovery in key sectors such as agriculture, services, and construction, as well as improving investor s...
John Mbadi explained that the Central Bank of Kenya (CBK) and the Treasury are jointly driving reforms to ensure that residents of northern Kenya, par...
The MPC said the decision aims to stimulate lending by banks to the private sector while ensuring that inflation expectations remain anchored and the...
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...
Only six institutions: Citibank N.A. Kenya, Absa Bank Kenya, Credit Bank, Standard Chartered Bank Kenya, Stanbic Bank Kenya and Victoria Commercial Ba...
These elevated rates highlight a competitive banking sector where the cost of credit differs significantly, directly impacting borrowers’ financial bu...
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...
Over the past year, Kenya has maintained inflation within the target range, while the shilling has remained stable against major currencies. Interest...
The Central Bank of Kenya raised the base lending rate to 13 per cent in February 2024 and maintained it until August, driving some commercial lenders...
CBK statistics show that default rates drop as the size of the loan increases, with loans between Sh1,000 and Sh5,000 showing a 69.4 per cent non-perf...
CBK, in its defence, insisted it has no role in the establishment or management of the fund, distancing itself from allegations touching on financing...
The report notes that 82 per cent of banks intend to shrink their cost base by at least 10 per cent by 2030, with around a third aiming for reductions...
The Central Bank of Kenya (CBK) reports that the 14 licensed microfinance institutions (MFBs) are finding it difficult to grow their lending portfolio...
In contrast, thousands of Kenyans continue leaving the country in search of employment and higher wages, particularly in the UK, the US, Canada, and S...
CBK said starting September 1, 2025, all new variable rate loans will be priced under the new framework, while existing variable rate loans will shift...
Data from the Central Bank of Kenya (CBK) shows that these two sectors are the most confident about expanding staff numbers in 2025 compared to last y...
Kindiki said it showed that the country is beginning to overcome a decade of high interest rates that had weakened household incomes, slowed down priv...
The survey, covering March to May 2025, found that 11 per cent of farmers who borrowed from the Hustler Fund and 13 per cent who relied on microfinanc...
The July 2025 CBK agriculture survey showed that while inflation rose slightly to 4.1 per cent in July compared to the same period last year, most far...
The new rating comes with a stable outlook, indicating growing confidence in Kenya’s ability to meet its debt obligations amid better access to intern...
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