CBK Governor Kamau Thugge Stories

Loan defaults surged to 17 per cent in 2024 due to tough business climate - CBK
Alfred Onyango  |  Aug 13, 2025

In the period under review, gross loans issued by banks decreased by 2.7 per cent to Sh4.07 trillion from Sh4.18 trillion in 2023.

Residents of Eastleigh’s Seventh Street demand urgent road repairs
Abdirahman Khalif  |  Aug 13, 2025

Seventh Street, which links Second Avenue to Third Avenue, remains in poor condition. Its neighbouring streets, including Sixth Street and Eighth Stre...

Fresh evidence forces delay in cult leader Paul Mackenzie’s trial linked to 400 deaths
Lucy Mumbi  |  Aug 11, 2025

The prosecution requested extra time to complete investigations, stressing that the extension is intended to ensure a thorough inquiry and is not mean...

175 Kamukunji youth receive business equipment from President Ruto to boost employment and income
Abdirahman Khalif  |  Aug 11, 2025

The equipment included water tanks, salon and barbershop kits, wood-cutting machines, fully equipped posho mills, public address systems, and catering...

One dead, six injured in collision involving Royal Liner bus on Kisumu-Busia road near Lela
Lucy Mumbi  |  Aug 11, 2025

The crash reportedly happened when a flatbed trailer-truck attempting to overtake at a sharp bend just past Lela in Maseno collided with the bus from...

Kisumu Senator calls for urgent redesign of Coptic roundabout after tragic accident that left 26 dead
Mary Wambui  |  Aug 09, 2025

In a statement, the senator said he had initiated urgent discussions with leaders and the Kenya National Highways Authority (KeNHA) on immediate actio...

Seven killed in lorry-matatu collision at Korompoi on Isinya-Namanga highway
Maureen Kinyanjui  |  Aug 09, 2025

This fatal incident follows another deadly crash on Friday evening, where at least 25 people died when a bus carrying mourners overturned at the Copti...

Ruto calls for action after Kisumu-Kakamega highway crash kills 25
Maureen Kinyanjui  |  Aug 09, 2025

Ruto emphasised the urgent need to tackle all traffic violations and improve road safety across the country. Survivors are currently receiving care at...

Ruto revokes Mary Wambui's appointment as CA board chair, names Karondo as replacement
Rachael Mutabasi  |  Aug 08, 2025

Karondo has been appointed as the non-executive Chairperson of the Communications Authority Board of Directors for a three-year term, effective August...

DCI seeks 21 days to detain Obamana matatu sacco touts over stabbing to death of colleague
Carolyne Kubwa  |  Aug 07, 2025

Hannington Oloo Ogumbo, Duncan Ochola, Vitalis Owino, and Daniel Ochieng Ojwang are accused of killing Dickson Otieno Ombaka, an employee of the same...

Muchai murder trial: Accused says he’s been locked alone in Kamiti ‘cold room’ for 10 years
Carolyne Kubwa  |  Aug 07, 2025

Simon Wambugu, the seventh accused in the case, told the Milimani Chief Magistrate Lucas Onyina that he has been held in isolation for the entire 10 y...

Cameroon court rejects Maurice Kamto’s bid to join presidential race
Bashir Mbuthia  |  Aug 06, 2025

Kamto, the leader of the Cameroon Renaissance Movement (MRC), filed a petition in late July asking the Constitutional Council to reverse a decision by...

Payment of pending bills breathes new life into construction, manufacturing sectors
Maureen Kinyanjui  |  Aug 05, 2025

The Kenya Association of Manufacturers (KAM) said the revival of the road construction sector was having a positive effect on manufacturers who had su...

Pressure mounts on government to dispose of Shakahola massacre victims' bodies after year-long delay
Lucy Mumbi  |  Aug 03, 2025

The senators expressed concern that since 2023, the continued storage of the bodies in two mobile mortuaries has stalled the hospital’s expansion plan...

Sh647 million bounty offered for Al-Shabaab leader Abdikadir Ikrima behind 2010 Kampala bombings
Lucy Mumbi  |  Jul 31, 2025

The US Department of State said Ikrima played a key role in planning and directing the coordinated suicide attacks that targeted crowds watching the W...

High Court quashes acquittal of two ex-PSs, two businessmen in Sh3.5 billion Anglo Leasing case
Carolyne Kubwa  |  Jul 31, 2025

The Anglo Leasing scandal involved a series of security-related procurement contracts awarded to shadowy foreign companies, and remains one of Kenya's...

Eight children feared dead as cult probe intensifies in Kilifi’s Chakama compound
Maureen Kinyanjui  |  Jul 31, 2025

A Malindi court has now authorised the Directorate of Criminal Investigations to conduct exhumations at the homestead to determine if more bodies are...

Fears of new cult deaths in Kilifi as court allows DCI to dig up Chakama Ranch's suspected mass graves
Farhiya Hussein  |  Jul 30, 2025

A Malindi court has now granted the Directorate of Criminal Investigations (DCI) permission to exhume more suspected mass graves in Binzaro village.

Ex-Tanzanian minister January Makamba barred from defending seat ahead of key primaries
Bashir Mbuthia  |  Jul 30, 2025

His exclusion follows his July 2024 dismissal from President Samia Suluhu's Cabinet, a move interpreted by analysts as political sidelining.

Cameroon’s Maurice Kamto appeals presidential poll disqualification
Bashir Mbuthia  |  Jul 29, 2025

Cameroon's national electoral body, Elecam, approved only 13 out of the 83 applications, leaving out Maurice Kamto, who was the runner-up in the hotly...

Sudan’s PM restructures government, breaks ground with female Cabinet Affairs minister
Bashir Mbuthia  |  Jul 28, 2025

Lemia previously held the position of Secretary-General of the National Population Council but was dismissed in 2019 by then-Prime Minister Abdalla Ha...

Uganda’s land eviction crisis: Do populist state measures actually fix problems?
The Conversation  |  Jul 28, 2025

Evictions surged in the 2010s, particularly in central Uganda’s Buganda region, fueled by rising land demand from a growing population and legal refor...

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...

Paved road brings new life to Kamukunji’s Kitui village, residents push for street lights next
Charity Kilei  |  Jul 27, 2025

Kitui village residents say the new road has done more than improve safety and commerce — it has restored a sense of dignity to the area, where childr...

Cameroon’s Maurice Kamto barred from presidential race as Biya seeks to extend 42-year rule
Bashir Mbuthia  |  Jul 27, 2025

Kamto previously contested the presidency under the Cameroon Resistance Movement (CRM), but has not yet publicly commented on his latest disqualificat...

Kenya’s financial outlook steady amid strong Treasury bill demand and stable shilling - CBK
Maureen Kinyanjui  |  Jul 26, 2025

Foreign exchange reserves were reported at $10,749 million (Sh1.39 trillion), equivalent to 4.7 months of import cover.

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...

Paul Mackenzie still influencing cult from prison as six children feared dead in ‘Shakahola Two’
Lucy Mumbi  |  Jul 23, 2025

Mackenzie, currently in custody and on trial alongside 94 co-accused, is alleged to be directing followers via mobile phone, sparking concerns about t...

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