Central Bank slashes interest rate to 12% as inflation falls below target
The Central Bank of Kenya (CBK) has lowered its benchmark interest rate to 12.00% as inflation continues to decline and ...
Wednesday, January 15, 2025
Tag: Kamau Thugge
Revealed: Why Central Bank paid a German firm KES 14 billion for new banknotes
The Central Bank of Kenya (CBK) has disclosed its decision to award a KES 14.8 billion (€103 million) contract to ...
German firm tapped to print new Kenyan banknotes after De La Rue exit
A German company has been contracted to print new Kenyan banknotes, the Central Bank of Kenya (CBK) governor Kamau Thugge ...
CBK holds interest rate steady as inflation remains anchored
The Central Bank of Kenya (CBK) maintained its benchmark lending rate at 13.00 percent on Wednesday, citing stable inflation and ...
Central Bank holds rate steady at 13% as inflation cools
The Central Bank of Kenya left its benchmark interest rate unchanged at 13%, citing easing inflation pressures and an improved ...
Lawmakers push for stricter rules on online credit firms
Kenyan lawmakers have called for stricter oversight of digital lending firms, citing concerns over alleged exploitation of borrowers in the ...
Central bank hikes rates to rein in stubborn inflation
The Monetary Policy Committee (MPC) took decisive action today, voting to raise the Central Bank Rate (CBR) from 12.5 percent ...
Central Bank raises benchmark rate to 12.5% to fight inflation
Kenya’s central bank raised its benchmark interest rate by 2 percentage points on Tuesday to try to tame rising inflation ...
CBK Governor admits to over 400 illegal digital lenders in Kenya
Central Bank of Kenya (CBK) Governor, Kamau Thugge, faced intense questioning regarding the proliferation of illegal digital credit providers (DCPs) ...
CBK Governor warns of fiscal challenges as Kenya’s emergency reserves dwindle
The Central Bank of Kenya (CBK) informed Parliament that the government has expended over three-quarters of its emergency funds at ...
