Topic: CBK
IMF Details Gov't Offices and Policies to Be Audited
Mar 03, 2025 at 03:33 PM
The official governance assessment has been scheduled for June, however, the team will be undertaking the pre-assessment work starting this month....
CBK's New Banknotes Recognised at International Award
Feb 11, 2025 at 03:07 PM
CBK Governor Kamau Thugge expressed that the award was a sign of confidence in the currency notes, adding that the latest technology was used in the new banknotes...
Cooperative Bank Drops Base Lending Rate
Feb 10, 2025 at 10:27 AM
The new base lending rate takes effect immediately....
Cost-Saving Techniques for Food During Festivities
Dec 25, 2024 at 04:00 PM
More often than not, the fun fair surrounding the festive season comes with extreme financial demands....
Food Items That Have Seen Kenyans Spend More in 2024
Dec 25, 2024 at 01:00 PM
As revealed in the year-on-year November report by the KNBS comparing the changes in food prices, 6 food items witnessed price growth....
Employers Give Projections for Job Recruitment and Layoffs for 2025
Dec 12, 2024 at 10:51 AM
189 CEOs indicated that they would be reducing their current workforce in the 2025 Q1....
Why Kenyans Will Pay More for Cooking Oil in Coming Days
Dec 09, 2024 at 02:06 PM
Currently, one litre of cooking oil retails between Ksh280 and Ksh320 across various supermarkets....
Banks Announce Cheaper Loans Following CBK Rate Reduction
Dec 09, 2024 at 09:56 AM
On December 5, the Central Bank of Kenya (CBK) reduced the Central Bank Rate (CBR) from 12 percent to 11.25 percent....
CBK Announces Reduction of Interest Rate on Loans
Dec 06, 2024 at 08:53 AM
The Central Bank of Kenya (CBK) has reduced its base lending rate....
CBK Issues Update on Release of New Kenyan Currency Banknotes
Nov 20, 2024 at 10:03 AM
The Central Bank of Kenya (CBK) has issued an update on the release of the new banknotes....
Kenya’s Annual Inflation Rate Drops to 2.7% – Report
Oct 31, 2024 at 12:39 PM
Kenya's inflation rate has dropped from 6.9 percent in October 2023 to 2.7 percent in October 2024 - Survey....
Banks Provided KSh783 Billion in Loans to MSMEs in 2023 - CBK
Oct 16, 2024 at 12:26 PM
President William Ruto said this new development represented an increase of about Ksh 75 billion....
CBK Directive to Banks After Transitioning to New Payment System
Oct 15, 2024 at 11:01 AM
The Central Bank of Kenya (CBK) has issued a directive to banks after transitioning to a new payment system....
CBK Gives US-Based JP Morgan Chase Bank Permit to Establish Office in Kenya
Oct 14, 2024 at 04:53 PM
Apart from banking services, JP Morgan Chase Bank also undertakes wealth and asset management on behalf of individuals and companies....
183 CEOs Reveal Plans to Lay Off Employees By December
Oct 14, 2024 at 04:17 PM
Only 121 CEOs out of 1,00O plan to undertake recruitment in their companies....
Sugar and 4 Food Items Expected to Drop in Prices This Month
Oct 14, 2024 at 01:20 PM
Meanwhile, other food items such as vegetables are expected to witness a spike in prices....
Why Prices of Vegetables Will Increase in October - CBK Report
Oct 09, 2024 at 02:40 PM
Some of the fresh vegetables that Kenyans use frequently include kales, sukumawiki, and spinach among others....
CBK Licences 27 Additional Digital Loan Providers
Oct 01, 2024 at 10:55 AM
The Central Bank of Kenya (CBK) has licensed an additional 27 Digital Credit Providers (DCPs), bringing the total number of licensed DCPs to 85....
CBK Governor Thugge: Why We Had to Procure New Currency
Aug 22, 2024 at 08:43 AM
The Central Bank of Kenya (CBK) governor has disclosed why the bank had to procure new Kenyan banknotes....
CBK Governor Kamau Thugge Reveals Company Printing New Kenyan Banknotes
Aug 07, 2024 at 11:48 AM
On Wednesday, CBK announced four changes to all Kenyan currency banknotes....