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 ...
Saturday, May 18, 2024
Tag: Kamau Thugge
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 ...
Kenyan shilling overvalued up to 25 percent, Central Bank says
The Central Bank of Kenya has made an unusual acknowledgment, revealing that the shilling's overvaluation may have reached as high ...
Kenya seeks to repurchase $500M of 2024 Eurobond
Kenya's central bank governor Kamau Thugge revealed plans to repurchase up to a quarter of the country's $2 billion Eurobond ...
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