Kenya News » Central News Kenya » Central » Economy: Kenya central bank holds rate at 8.75% amid Middle East conflict
Kenya’s central bank maintained its benchmark interest rate at 8.75% on Wednesday, pausing an easing cycle that lasted nearly two years as policymakers assess t ...
News Kenya » Central » Economy: Kenya central bank pauses rate cuts to monitor effects of oil price surge
By George Obulutsa NAIROBI, April 8 (Reuters) - Kenya's central bank paused its rate-cutting cycle on Wednesday, keeping its benchmark lending rate at 8.75% to monitor second-round effects from a ...
News Kenya » Central » Economy: Kenya leaves benchmark lending rate unchanged on inflation jitters
The Central Bank of Kenya (CBK) has maintained its benchmark lending rate to commercial banks at 8.75 percent, marking 10 consecutive cuts and signalling the regulator’s shift in policy to rein in ...
News Kenya » Central » Economy: List of 32 new digital credit providers licensed by Central Bank of Kenya
The Central Bank of Kenya (CBK) has approved an additional 32 Digital Credit Providers (DCPs), pushing the total number of licensed operators in the sector to 227.
News Kenya » Central » Economy: Kenya's central bank cuts key rate again to spur bank lending
Ninth rate cut in a row Inflation well within target range Economy growing steadily but drought a risk NAIROBI, Dec 9 (Reuters) - Kenya's central bank reduced its benchmark lending rate (KECBIR=ECI), ...
News Kenya » Central » Economy: Kenya Shifts to Economic Diplomacy to Drive Trade and Investment
Kenya is shifting toward results-driven economic diplomacy focused on trade, investment and regional integration Diplomatic missions will be evaluated based on measurable outcomes such as trade ...
News Kenya » Central » Economy: Kenya's foreign exchange reserves drop 5th week in a row but enough for months of imports
Foreign exchange reserves in Kenya declined to USD 13.316 billion but cover 5.7 months of imports, ensuring stability in the shilling despite external pressures.
News Kenya » Central » Economy: Kenya risks losing over $480 million yearly in remittances as Middle East war hits economy
Kenya risks losing more than $480 million in yearly remittances from Gulf countries, particularly Saudi Arabia and the United Arab Emirates, as tensions in the Middle East begin to weigh on economic ...
News Kenya » Central » Economy: Kenya's economy exhibits unique traits and magic
Kenya is a magical country, not because of the wildlife and landscape. It’s magical because of our economic model. We can add the co-existence and adherence to two contradicting beliefs: we were ...
News Kenya » Central » Economy: Why Kenya's manufacturing sector is underperforming and how to fix it
Kenya’s manufacturing sector is underperforming despite its potential. KAM chief executive Tobias Alando shares the structural barriers holding it back.
News Kenya » Central » Economy: Expanding tax base key to Kenya's economic prosperity
Sustainable prosperity for Kenya cannot be secured through ambition alone; it must be financed, structured, and intentionally built. A resilient economy depends on a tax system that is fair, ...
News Kenya » Central » Economy: Kenya's Central Bank Cuts Key Lending Rate
Kenya's central bank cut its key lending rate as East Africa's largest economy continues a policy-loosening cycle to boost private-sector lending and economic growth amid receding inflation. The bank ...