CBK
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Economy
CBK retains benchmarking rate at 7%, cites global uncertainties
The Central Bank of Kenya (CBK) has for the umpteenth time retained the Central Bank Rate (CBR) at 7 percent…
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Corporate
New jobs up for grab at CBK; how to apply
The Central Bank of Kenya (CBK) has announced senior job vacancies in its latest job advertisements.The three job positions are;…
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Markets
National Treasury wants Ksh.70 billion from April bonds
The National Treasury is looking to acquire Ksh.70 billion from two bonds that are under the domestic credit market.The two…
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News
Unregistered mobile lenders to cease operation in Kenya by September
The Central Bank of Kenya (CBK) has set September 17, 2022, as the deadline to get rid of Digital Credit…
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Economy
Why banks are phasing out use of cheques
Cheque volumes and values have continued to fail as individuals and businesses make greater use of electronic payment instruments, particularly…
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Economy
MPs seek changes to replace CBK as country’s debt manager
Members of Parliament tabled a Bill seeking changes to replace the Central Bank of Kenya (CBK) as the country’s debt…
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Economy
CBK to tame mobile rate transactions in fresh reforms
The Central Bank of Kenya (CBK) has formulated a set of principles that will help govern costs which come with…
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Economy
Kenya’s January remittance down 3.4 percent to Ksh.38.5 billion
Total remittance from Kenyans living abroad dropped by 3.4 percent to Ksh.38.5 billion in January compared to Ksh.39.5 billion that…
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Corporate
Digital lender Branch acquires 84.89% shareholding of Century Microfinance Bank
Digital lender Branch has successfully acquired 84.89 percent shareholding of Century Microfinance Bank (Century MFB).The acquisition dated January 1, 2022,…
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Markets
Kenyan Shilling to weaken further, experts warn
Experts are now warning that the Kenyan shilling is likely to depreciate even further after it weakened against the US…
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