Safaricom opens Sh15 billion Green Notes offer under new Sh40 billion MTN programme
The initial tranche is set at Sh15 billion, with a Sh5 billion greenshoe option to meet additional investor demand, the firm announced Tuesday.
The initial tranche is set at Sh15 billion, with a Sh5 billion greenshoe option to meet additional investor demand, the firm announced Tuesday.
All new local currency variable-rate loans will follow the new framework, with rates determined by the Common Reference Rate plus a customer-specific risk premium. Existing loans will transition by February 28,...
The 15-year bond, now with 8.7 years remaining until maturity, is listed under ISIN KE6000001328 and will mature on July 10, 2034. The 25-year bond, carrying ISIN KE8000005093, has 21.9 years to maturity and wi...
Operating expenses dropped 13 percent as the bank’s lower loan provisions cushioned the impact of falling interest earnings. The decrease in provisions came even as the total stock of non-performing loans rose...
The CBK had offered Sh30 billion for the buyback programme, but the bids received surpassed this amount by over Sh4 billion, underscoring what the Bank indicated as renewed confidence in government securities.
The Banking (Penalties) Regulations, 2025, are now under review by the Parliamentary Committee on Delegated Legislation, as lawmakers prepare to scrutinise their potential impact on the financial sector.
CBK data shows that the gap between loan and deposit rates has widened sharply, reaching a nine-year high of over seven percentage points. This means banks are charging borrowers far more for credit while offer...
The stability was attributed to balanced shifts in food and fuel costs, with sugar, tomatoes, and cabbages showing sharp increases, while wheat flour, milk, and cooking oil recorded marginal price drops.
The survey aims to enhance Kenya’s investment climate, inform policy planning, and attract sustainable foreign investments.
The survey, which included responses from over 1,000 private-sector chief executives, indicates that businesses anticipate higher orders, increased sales, larger production volumes, and more employment opportun...
Only investors with unencumbered holdings in this bond as of November 17, 2025, are eligible to participate. The process is voluntary, allowing investors to sell back part or all of their holdings to the CBK.