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.
monetary policy
Business
CBK accepts Sh42.69bn as Treasury bill demand surges
The auction results show that Sh23.53 billion of the amount accepted comprised competitive bids, while Sh19.16 billion came from non-competitive bids
News
Nyoro warns debt payments could consume 90% of Kenya’s revenue
The former chairman of the National Assembly Budget and Appropriations Committee, said the latest move by the United States Federal Reserve could add to the financial pressure facing the country.
News
Ruto assents to Central Bank of Kenya (Amendment) Act, 2026
The new law creates a separate framework for emergency liquidity assistance, expands the CBK’s mandate and enhances parliamentary oversight in the appointment of deputy governors.
Business
Diaspora remittances drop by Sh3.77 billion as global pressures hit Kenyan workers abroad
The latest performance echoes the trend seen in 2023 when remittance inflows during the review period fell by 1.8 percent. At the time, rising prices across major economies reduced the amount of disposable inco...
Business
KCB sets 8.75 percent base rate as risk-based loan pricing takes hold
KCB Bank Kenya has revised its base lending rate to 8.75% following CBK’s CBR move, affecting new and existing variable-rate loans under the Risk-Based Credit Pricing Model.
Business
Kenyan banks back steady policy as inflation risks linger
The call comes ahead of the Monetary Policy Committee (MPC) meeting scheduled for February 10, 2026, where policymakers are expected to weigh domestic inflation trends, credit growth, exchange rate stability an...