Central Bank of Kenya (CBK)
News
Private sector feels the pinch as government's domestic borrowing soars
According to the CBK weekly bulletin released this month, the country’s domestic debt stood at Sh6.312 trillion as of July 4, 2025.
Business
CBK flags 15 Kenyan banks in cross-border currency movement probe
The findings, drawn from a survey involving all 38 licensed banks in Kenya, show that 39.4% of them acknowledged regular movement of physical cash out of the country.
Breaking
State borrowing plan raises red flag over jobs, private sector growth
In a report tabled Wednesday, the Budget and Appropriations Committee, led by Samuel Atandi, cautioned that the move could either push up borrowing costs or edge out businesses from the credit market.
Business
US plans 5 percent tax on remittances from non-citizens
The proposed legislation, titled One Great and Beautiful Tax Bill, was introduced in Congress on May 12, 2025.
Business
Habib Bank announces closure of Kenya office
The bank revealed that the decision comes after receiving approval from the Central Bank of Kenya (CBK).