Monetary Policy Committee Stories

The move follows amendments to financial sector laws late last year when the President signed the Business Laws (Amendment) Bill into law.

This announcement follows the CBK's latest reduction of its benchmark lending rate by 50 basis points, bringing it to 10.75 per cent from 11.25 per ce...

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...

Data from the National Treasury show this raised the total amount the government pays in interest to Sh622.5 billion, compared to Sh533.1 billion in t...

Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.