CBK

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 […]

Borrowers feel pinch as banks raise loans cost

Reading Time: 4 minutes Hundreds of thousands of individual borrowers and small businesses have started feeling the pain of the high cost of loans […]

CBK raises benchmark lending rate by 1%

Reading Time: 2 minutes The Central Bank of Kenya (CBK) Monetary Policy Committee (MPC) has raised the benchmark lending rate by one per cent […]

Safaricom appoints Anthony Gacanja as Network Director

Reading Time: < 1 minute Anthony Gacanja has been appointed as the new Director for Networks for telco giant Safaricom. In a statement, Safaricom said […]

Kenyans to make digital payments via QR codes

Reading Time: 2 minutes The Central Bank of Kenya (CBK) has launched the Kenya Quick Response Code Standard 2023 (KE-QR Code Standard 2023. In a statement, […]

KDIC begins paying protected depositors of the fallen Imperial Bank

Reading Time: 2 minutes The Kenya Deposit Insurance Corporation (KDIC) has announced that it will commence payments to protected depositors of the fallen Imperial […]

Gov’t kicks off process to recruit new CBK Governor

Reading Time: 2 minutes The government has kicked off the process to recruit a new governor of the Central Bank of Kenya (CBK), even […]

Number of licenced digital lenders increases as CBK licences 10 more

Reading Time: 2 minutes The Central Bank of Kenya (CBK) has announced the licensing of additional 10 Digital Credit Providers (DCPs), popularly known as […]

Future of 259 digital lenders uncertain as CBK delays approval

Reading Time: 2 minutes MARKET: The future of 259 digital credit providers (DCPs) hangs in the balance after the Central Bank of Kenya (CBK) […]