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Importers Brace for Tough Times as Import CBM Rates Soar

February 12, 2025 0Comments

Kenyan traders, particularly those who import goods from China, are set to experience tough times over a potential increase in customs clearance costs at the port of Mombasa. A noticeable…

World

Low interest rates, reforms spur high loans to coffee farmers – Kenya News Agency

December 25, 2024 0Comments

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…

World

Kenya’s External Debt Reaches Ksh5.60 Trillion Amid Rising Interest Rates

December 19, 2024 0Comments

President William Ruto will continue to witness holes in his budget as high interest rates hit Kenya’s borrowing appetite. This comes as a report from the World Bank notes that…

World

Kenyan Banks Agree to Lower Lending Rates After Pressure from Central Bank Directive

December 8, 2024 0Comments

Just two days after the Central Bank of Kenya (CBK) issued a directive urging banks to lower their lending rates, banks have finally given in to the pressure. In a…

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