CBK

Cabinet authorises sale of Development Bank of Kenya, 5 state hotels

Reading Time: 2 minutes The cabinet has authorised the privatisation of the state-owned Development Bank of Kenya (DBK) among other state corporations. In a […]

November inflation at 6.8% as CBK predicts higher risks

Reading Time: 3 minutes The Central Bank of Kenya says that the risks for inflation remain high for the future, even as the inflation […]

CBK retains benchmark lending rate at 10.5%

Reading Time: 2 minutes Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) has retained the benchmark lending rate at 10.5 per cent. In […]

Inside CBK’s Central Securities Depository launched by Ruto

Reading Time: 2 minutes President William Ruto has launched the Central Securities Depository Dhow at the Central Bank of Kenya (CBK). In a statement […]

CBK increases mobile money wallet, transaction limits

Reading Time: 2 minutes The Central Bank of Kenya (CBK) has announced an increase in the mobile money wallet and transaction limits. In a […]

Banks’ bad debts double, force repayment deferrals

Reading Time: 3 minutes The rate of growth of bad loans doubled in the first-half of 2023 forcing banks to extend the repayment period, […]

Banks expecting Kenyans to default more on loans

Reading Time: 2 minutes Banks have expressed fears that Kenyans could default more on loans in the near future, the Central Bank od Kenya […]

CBK in large cash reporting dilemma over weak shilling

Reading Time: 2 minutes Central Bank of Kenya (CBK) is in a dilemma on whether the threshold for reporting large cash transactions should be […]

CBK expected to keep key policy rate on hold

Reading Time: 2 minutes Central Bank of Kenya (CBK) is expected to retain its benchmark lending rate at June’s historic rate hike to 10.5 […]

Concern as interest rates go up 17pc

Reading Time: 2 minutes The cost of borrowing has steadily increased as Kenya government’s appetite for debt soars, with the latest auction now showing […]