CBK Governor Kamau Thugge Stories

CBK rolls out reforms to stop counties from diverting billions in funds meant for suppliers
Lucy Mumbi  |  Jul 28, 2025

CBK Governor Dr Kamau Thugge said the reforms will curb this form of abuse by tying approved requisitions to actual payments, thereby blocking discret...

CBK set to monitor county transactions in real time to curb corruption
Maureen Kinyanjui  |  Jul 26, 2025

The GDI platform will enhance oversight of public funds by giving CBK the ability to proactively monitor county account balances and transactions on s...

CBK admits it lacks authority to shut illegal county bank accounts
Maureen Kinyanjui  |  Jul 25, 2025

This loophole has led to a sharp increase in county accounts at commercial banks. A recent report by Controller of Budget Margaret Nyakango revealed t...

Banks face crackdown as CBK pushes for lower lending rates
Maureen Kinyanjui  |  Mar 26, 2025

CBK Governor Kamau Thugge revealed that the regulator has initiated onsite inspections to ensure banks reduce their lending rates in line with the low...

CBK projects cheaper fuel in 2025 will ease burden on businesses, households
Lucy Mumbi  |  Feb 08, 2025

Transport costs could reduce significantly, benefitting public service vehicles, ride-hailing services, and private motorists.

I’ll tackle money laundering and terrorism financing – CBK deputy governor nominee
Maureen Kinyanjui  |  Nov 26, 2024

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

CBK cuts benchmark rate by 75 basis points to 12.0 per cent on easing inflation
Alfred Onyango  |  Oct 09, 2024

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...

Six candidates shortlisted for CBK Deputy Governor post
Maureen Kinyanjui  |  Sep 26, 2024

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

High lending rates expected to slow private sector credit growth - CBK survey
Bashir Mohammed  |  Apr 21, 2024

The survey found that high lending rates and tight credit underwriting are reducing the demand and uptake of new facilities.

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