CBK Governor Kamau Thugge Stories

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).

Why MPs are worried over CBK's 'secret' currency printing contract with German firm
Barack Oduor  |  Aug 16, 2024

Germany has two prominent currency printers, Bundesdruckerei GmbH and Giesecke+Devrient GmbH, and it is not clear whether either of these companies wa...

Risk-averse investors shun Kenyan local debt, deepening fiscal woes
Reuters  |  Aug 09, 2024

President William Ruto abandoned tax hikes worth more than Sh346 billion ($2.67 billion) after protests that killed more than 50 people.

CBK turns to German firm for printing new currency notes
Bashir Mohammed  |  Aug 07, 2024

The switch to the German firm follows CBK’s decision to halt orders to De La Rue Kenya for at least 12 months, affecting the joint venture in which th...

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.

Kenya will be able to repay $2 billion eurobond, CBK says
Agency  |  Feb 08, 2024

Central Bank of Kenya Governor Kamau Thugge had acknowledged concerns about the country's ability to repay the 10-year Eurobond when it matures in Jun...

CBK Governor: Kenyan Shilling was overvalued by 20-25 per cent
AFP  |  Oct 25, 2023

The Kenyan shilling this week slipped to more than 150 to the dollar, a decline of almost 24 per cent over a year, and compared to around 100 in Octob...

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