CBK Gives Update on Banknotes with 4 New Features
The Central Bank of Kenya (CBK) has given an update on the progress of the changes made in the denominations ...
Tag: Central Bank of Kenya
CBK Explains Oil Price Hike Despite Stable Shilling & Increased Foreign Remittances
The Central Bank of Kenya (CBK) has revealed that the prices of oil increased in the week ending October 24 ...
Kenya Shilling Bullish Against the Dollar in Latest Report
The Kenyan shilling has stabilized, according to the latest report from the London Stock Exchange Group on October 14. According ...
Should CBK Introduce Term Limits for Bank CEOs?
Term limits for bank CEOs vary widely across different countries, reflecting diverse regulatory frameworks and cultural norms. While some countries have ...
Kenya Records Spike in Cash from Saudi Arabia
The Central Bank of Kenya (CBK) has revealed that Kenya recorded an increase in remittance inflow from Saudi Arabia in ...
Banking in the Eyes of the Next Generation Consumer
Back in the early 2000s, paying my university fees meant dressing up and making a trip to the bank to ...
Why Kenya with 50M People Has 39 Banks While Nigeria with 200 Million Has Only 24
Only 15 out of the 39 licensed commercial banks in Kenya have a core capital surpassing Ksh10 billion and above ...
CBK Maintains Prediction on Economic Growth Despite World Bank Warning
Central Bank of Kenya (CBK) Governor Kamau Thugge has insisted that Kenya's economy will continue growing in 2024 despite the ...
Oil Prices Rise Ahead of EPRA Review for June
The Central Bank of Kenya (CBK) has announced that the international oil prices increased in the last week of May ...
Central Bank Governor Wins Prestigious International Award
Dr. Kamau Thugge, CBS, the Governor of the Central Bank of Kenya, has been named the Central Bank Governor of ...
Kenya’s Shilling Is Gaining Value, but Don’t Expect It to Last – Expert
Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s main currency for international ...
CBK Reveals Kenyan Banks Offering Low Interest Loans
Data by the Central Bank of Kenya (CBK) has revealed banks offering affordable interest rates to borrowers across the country. ...
Kenyan CEOs Explain Why they Will be Firing Employees in 2024
Kenyan Chief Executive Officers - CEOs have indicated that they will not be hiring new staff or retaining as many ...
Govt Gives Update on Bank That Collapsed with Kenyans’ Billions
The Kenya Deposit Insurance Corporation (KDIC) has issued a notice to depositors of Imperial Bank Limited on payment of protected ...
More Pain as CBK Hikes Loan Interest Rates to Record High
The Central Bank of Kenya (CBK) has increased the benchmark for lending rates for banks across the country by 200 ...
How and Why Kenyan Banks Are Consistently Making Profits
The banking industry is the cornerstone of the global economy, playing a pivotal role in facilitating financial transactions, supporting economic ...
Kenya’s Appetite for Loans and Why we Can’t Do Without Them
Kenya is one of the most indebted countries in sub-Saharan Africa. Our insatiable appetite for loans has seen our current ...
CBK Governor Affirms that the Finance Bill Will Have Minimal to No Impact on Inflationary Pressure
Central Bank of Kenya (CBK) Governor Kamau Thugge now says there will be little to no inflationary pressure on Kenyans ...
What You Need to Know About Kamau Thugge, CBK’s Next Boss
Dr. Kamau Thugge was born in 1960 in Nyeri County He attended the University of Nairobi, where he graduated with ...
Kenya’s New Finance Minister, Njuguna Ndung’u, Has Good Credentials but He Can’t Work Miracles
President William Ruto has nominated Njuguna Ndung'u to head Kenya’s National Treasury. A Central Bank of Kenya governor for eight ...
CBK Boss Denies Alleged Shortage Of Sh200 Bank Notes
The Central Bank of Kenya (CBK) has denied claims of alleged shortage of Ksh 200 bank notes CBK governor Patrick ...
Kenyan Manufacturers Decry Dollar Shortage, Call For Action
The Kenya Association of Manufacturers has warned that the ongoing dollar shortage in the country is likely to have a ...
