Tag: CBK

CBK slashes key rate to 8.75 to fuel lending

Kenya’s Central Bank (CBK) has reduced its benchmark lending rate to 8.75 percent, in order…

CBK sounds warning as it slashes lending rates

The Central Bank of Kenya has lowered its base lending rate by 50 basis points…

Shilling to hit 160 against the dollar to add fresh consumer pain

The value of the Kenyan Shilling is expected to surpass 160 against the dollar, leading…

Ruto pushes for Hustler-friendly Treasury bills and bonds trading

President William Ruto has directed the Central Bank of Kenya to lower the entry-level in…

Kenyan debt up to record KSh1.56trillion

During President William Ruto’s first year in office, Kenya took on the most debt ever,…

CBK allows Safcom to raise M-Pesa transaction limit

After Safaricom announced a revised ceiling for mobile money transactions on Monday, Kenyans will now…

Kenyan shilling at KSh150 against the dollar

The Kenyan shilling has, in one of the costliest freefalls in history, lost its value…

KRA raises tax on employee benefits

Workers have suffered a setback as a result of the Kenya Revenue Authority boosting the…

IMF seeks tighter controls on Kenyan loans

The World Bank claims in a new study that supports the recent issuance of a…

Investors made billions in first six months of 2023

In the first half of this year, investors received better returns from lending to the…