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…
Omtatah Takes on IMF and World Bank Over Loans to Kenya, Threatens Court Battle
Busia Senator and Lawyer Okiya Omtatah has faulted the International Monetary Fund (IMF) and the World Bank for enabling the ballooning of Kenya's debt by continuing to provide the funds…
Low interest rates, reforms spur high loans to coffee farmers – Kenya News Agency
Around 500 small scale farmers drawn from 27 counties out of 32 coffee growing regions, have borrowed Sh6.7 billion from the Coffee Cherry Advance Revolving Fund. This is thanks to…