Central Bank of Kenya
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Business
CBK lifts 10-year moratorium on licensing of new commercial banks
The Central Bank of Kenya (CBK) has announced plans to lift a decade-old moratorium on licensing of new commercial banks.…
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Business
Diaspora remittances took a hit last month as Kenyans in Europe, rest of the world sent less
The diaspora remittances to Kenya in January 2025 declined by nearly US$10.72 million, which translates to about Ksh 1.386 billion,…
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Business
CBK licenses Tendepay to operate as a digital payment service
The Central Bank of Kenya (CBK) has permitted Tendepay Limited – a leading digital payment solution to operate in the…
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Business
CEOs seek key State interventions to boost economic growth in 2025
Chief Executive Officers (CEOs) of companies in Kenya want the government to open skyways to allow more airlines, flights, and…
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Business
Equity Bank reduces interest rate by 3 per cent to 14.39 per cent
Equity Bank (K) Ltd is the latest lender to announce a reduction in interest rates on all new and existing…
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Business
CBK receives award for printing banknotes with high security
The Central Bank of Kenya (CBK) has been awarded the Best New Series of banknotes at the High Security Printing…
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Business
Central Bank MPC meets tomorrow to decide the benchmark lending rates
The Central Bank Monetary Policy Committee (MPC) will meet tomorrow amid claims by many stakeholders that the signal rate would…
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Nairobi Assembly sets aside millions to clear CBK offices rent arrears
Nairobi City County has reallocated KSh 50 million for the purchase of furniture and payment of rent arrears at the…
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Business
KNBS to begin publication of core and non-core inflation data for more insights
The Kenya National Bureau of Statistics (KNBS) shall now be including the core and non-core inflations while determining the headline…
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Business
IMF urges Kenya to align crypto framework with international standards
Kenya’s regulatory and supervisory authorities have been urged to ensure that the framework for crypto assets are aligned with international…
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