NAIROBI (Reuters) -Kenya's central bank has lowered its 2026 economic growth forecast to 5.4% from a 5.6% forecast given in April, its governor Kamau Thugge said on Wednesday. On Tuesday the Central ...
Kenya’s central bank will hold its next interest rate-setting meeting on June 9, the bank said on its website on Friday. At ...
NAIROBI, April 8 (Reuters) - Kenya's central bank cut its policy rate on Tuesday for the fifth meeting in a row, a surprise move aimed at further stimulating private sector lending. Sign up here. "The ...
Kenya’s hope for monetary easing, and ensuing lower borrowing cost, within the first quarter of 2024 is seemingly slim as the Central bank of Kenya (CBK) governor Kamau Thugge says cooling off ...
The solution is aimed at interbank trading in local foreign exchange market, specifically spot matching for US dollar against the Kenyan shilling. The Central Bank of Kenya has launched Bloomberg’s ...
Kenya’s bank lending rose at the fastest pace in a year in July, spurred by the central bank cutting interest rates seven times in the space of 13 months. Bank lending to the private sector increased ...
NAIROBI, Feb 6 (Reuters) - Kenya's central bank governor said on Thursday that bank officials did not see much effect on the exchange rate from U.S. President Donald Trump's foreign aid freeze. In ...
Editor’s note: In this piece, Nelly Mwaniki, a financial educator, breaks down the differences between Kenya’s Fixed Coupon Treasury Bonds (FXD) and Infrastructure Bonds (IFB). Drawing on recent CBK ...
Kenya’s central bank accepted bids for about three times the amount of infrastructure bonds on offer at an auction, raising 241 billion shillings ($1.58 billion). The weighted average yield on the ...
RightCard Payment Service Limited, trading as LemFi, is pleased to announce that it has received additional approval from the Central Bank of Kenya (CBK) to operate its remittance services in Kenya.
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