Business
Ruto challenges banks over high cost of borrowing
According to the President, the Government and the Central Bank were forced to tighten monetary policy and introduce fiscal measures in response to those challenges.
Lending rates
Business
CBK holds lending rate at 8.75 per cent despite rising inflation pressure
The Central Bank of Kenya said rising global inflation risks, driven mainly by the conflict in the Middle East, continue to influence domestic price trends and justify keeping the rate unchanged.
Business
Vehicle sales climb 12pc as cheaper credit fuels demand for trucks and pickups
Isuzu East Africa led the sector once again, selling 2,521 units, up from 2,0 units in the previous year. The company controlled more than half of the market at 53 per cent, strengthening its lead over competit...
Business
Banks disburse Sh228 billion as lower rates revive private sector credit
Monthly data indicate that September 2025 registered the strongest expansion, with Sh79.3 billion advanced during the month. However, January, February and August stood out as periods when absolute credit flows...
Business
Eight banks defy CBK order to cut lending rates
Fresh data from the central bank shows that DIB Bank Kenya, Consolidated Bank of Kenya, Co-operative Bank of Kenya, Kingdom Bank, UBA Kenya Bank, Diamond Trust Bank Kenya, Premier Bank Kenya, and Access Bank Ke...