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.
Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.