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Senators Put to Task to Explain Unspent Ksh48.5 Billion County Funds at CBK

February 19, 2025 0Comments

The Senate Committee on Finance and Budget has been put to task to explain why about Ksh48.5 billion of county funds is lying dormant at the Central Bank of Kenya…

World

Prices of Select Food Items Set to Increase – CBK Survey

February 12, 2025 0Comments

Kenyans have been urged to brace for a significant increase in the prices of several essential food-related commodities starting February this year. According to the Agriculture Sector Survey report released…

World

CBK Report Highlights Drop in Global Oil Prices Ahead of EPRA Fuel Review Next Week

February 9, 2025 0Comments

The Central Bank of Kenya (CBK) has announced a drop in global oil prices ahead of the Energy and Petroleum Regulatory Authority’s (EPRA) fuel review next week. In its weekly…

World

CBK Cuts Lending Rate by 50 Basis Points, Boosting Hopes for Cheaper Loans

February 5, 2025 0Comments

The Central Bank of Kenya (CBK) has cut the benchmark interest rate by 50 basis points to 10.75 per cent. This marks the fourth consecutive rate cut. “Lower the Central…

World

CBK Report Shows 1,000 Kenyan CEOs Concerned by Trump Presidency

December 11, 2024 0Comments

A report conducted by the Central Bank of Kenya (CBK) after surveying 1,000 Chief Executive Officers (CEO) has revealed that the company heads are concerned with US president-elect Donald Trump's…

World

CBK Governor Reveals Secrets Behind the Stability of the Kenyan Shilling

December 6, 2024 0Comments

The Central Bank has revealed that it is not employing any aggressive mechanism to hold the Kenyan Shilling steady. According to the CBK Governor, the apex bank has largely allowed…

World

Gerald Nyaoma Gets Approval as CBK Deputy Governor

November 27, 2024 0Comments

The National Assembly on Wednesday, November 27, approved the appointment of Gerald Nyaoma Arita as the Central Bank of Kenya Deputy Governor following his nomination by President William Ruto. Nyaoma's…

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