As Kenya moves to 2025, the recovery of the shilling remains a key indicator of the country's economic health.

The projection is pegged on the move by the United States central banking system, the Federal Reserve, to enact the third consecutive interest rate cu...

So far this year, the months of January, August, September and October recorded the highest dollar inflow from diaspora remittances.

The CBK has supported this shift by granting approvals to Safaricom, Telkom Kenya, and Airtel Kenya to raise daily transaction and account limits.

Despite the widespread uptake of the Hustler Fund, loan repayment rates have not kept pace, prompting the government to revise the terms of repayment.

The CS said that taxes currently take up 8 per cent of employees' salaries, a burden that many find excessive.

The KBA noted that inflation has remained low, and the economy is stable, making it an opportune time for the CBK to cut its benchmark rate.

Arita, a seasoned financial expert, outlined his plans to establish a dedicated team within CBK focused solely on addressing these issues.

The contract for the printing was awarded to the German firm Giesecke+Devrient, chosen for its industry reputation and quality.

Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.

President William Ruto said the figure represented an increase of about Sh75 billion.

This is a 75 Basis Points slash, a larger cut compared to August's review when the apex bank lowered the benchmark lending rate by 25 basis points fro...

With growing market expectations of further cuts to the CBK's policy rate next week, there is potential for a more significant decline in domestic int...

The move brings to 85 the total number of licensed digital credit providers in the country.

The bill seeks to force telcos to separate their mobile money services—M-Pesa, Airtel Money, and T-Kash—from voice, data, and SMS offerings.

Among the candidates include Charles Ringera, the Chief Executive Officer and Board Secretary at the Higher Education Loans Board (HELB).

Thugge explained that the tender for printing the new notes had received approval from both the Cabinet and the Attorney General.

The US remained the country's largest source of remittances in the month under review, accounting for 52 per cent of the total inflows.

Fabricated mobile money transfer messages have been used to con unsuspecting victims of their money.