Kenya News » Central News Kenya » Central: Kenya central bank cuts interest rate for first time in four years
Kenya’s central bank trimmed Tuesday its main interest rate for the first time in four years, citing easing inflationary pressures, as the government struggles to raise revenue and service its public ...
News Kenya » Central: Ruto signs law allowing Kenya’s central bank to provide emergency funding to troubled banks
Kenya has strengthened its financial crisis response framework after President William Ruto signed legislation giving the Central Bank of Kenya (CBK) formal powers to provide emergency funding to ...
News Kenya » Central: Rhinos are returned to a plateau in central Kenya, decades after poachers wiped them out
Conservationists in Kenya are celebrating as rhinos were returned to a grassy plateau that hasn't seen them in decades. The successful move of 21 eastern black rhinos to a new home will give them ...
News Kenya » Central: Kenya central bank cuts policy rate as inflation well within target
NAIROBI (Reuters) -Kenya's central bank cut its benchmark lending rate for the eighth meeting in a row on Tuesday, saying there was room to ease monetary policy further as inflation remains well ...
News Kenya » Central: Back On Strong Footing: Q&A With Kenya Central Bank Governor Kamau Thugge
Kamau Thugge, governor of the Central Bank of Kenya (CBK) speaks to Global Finance about renewed investor interest and re-engineering the economy. Global Finance: What is the economic outlook for ...
News Kenya » Central: Kenya central bank cuts main lending rate by 25 basis points
Kenya's central bank cut its benchmark lending rate by 25 basis points to 12.75% on Tuesday. The rate cut comes after two monetary policy meetings at which the Central Bank Rate was left unchanged.
News Kenya » Central: Kenya central bank cuts rates for seventh time with inflation in target
Kenya's central bank lowered its benchmark lending rate by 25 basis points on Tuesday, saying there was room to ease monetary policy further as inflation remains well within target. The Central Bank ...
News Kenya » Central: Kenya’s Central Bank Cuts Key Lending Rate to 11.25% From 12%
KAMPALA, Uganda—Kenya’s central bank slashed its interest rate by 75 basis points to 11.25% as east Africa’s largest economy seeks to rev up sluggish growth amid easing inflation. Kenya’s economy grew ...
News Kenya » Central: Kenya central bank trims 2023 GDP growth forecast to 5.8%
NAIROBI, March 30 (Reuters) - Kenya's economy is expected to expand by 5.8% in 2023, a slower pace than the previously forecast 6.1% because of lower growth in the agricultural sector, Central Bank ...