CBK Governor Kamau Thugge Stories
Transport costs could reduce significantly, benefitting public service vehicles, ride-hailing services, and private motorists.
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 change comes in response to pressure from the banking regulator, signalling a potential shift in the lending landscape.
Arita, a seasoned financial expert, outlined his plans to establish a dedicated team within CBK focused solely on addressing these issues.
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...
Among the candidates include Charles Ringera, the Chief Executive Officer and Board Secretary at the Higher Education Loans Board (HELB).
Germany has two prominent currency printers, Bundesdruckerei GmbH and Giesecke+Devrient GmbH, and it is not clear whether either of these companies wa...
President William Ruto abandoned tax hikes worth more than Sh346 billion ($2.67 billion) after protests that killed more than 50 people.
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...
The survey found that high lending rates and tight credit underwriting are reducing the demand and uptake of new facilities.
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...
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...
