Senators Put to Task to Explain Unspent Ksh48.5 Billion County Funds at CBK
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…
Prices of Select Food Items Set to Increase – CBK Survey
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…
CBK Report Highlights Drop in Global Oil Prices Ahead of EPRA Fuel Review Next Week
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…
CBK Cuts Lending Rate by 50 Basis Points, Boosting Hopes for Cheaper Loans
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…
CBK Report Shows 1,000 Kenyan CEOs Concerned by Trump Presidency
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…
CBK Governor Reveals Secrets Behind the Stability of the Kenyan Shilling
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…
Gerald Nyaoma Gets Approval as CBK Deputy Governor
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…