Kenya central bank cuts key rate again to support lending
Kenya's central bank cut its main interest rate for the fourth meeting in a row on Wednesday, saying it wanted to do more to support lending and boost economic growth.
Kenya Central Bank Yields Big Stick in Push for Lower Loan Rates
Kenyan central bank officials are moving from bank door to bank door inspecting why commercial interest rates have failed to fall in tandem with the benchmark rate.
CBK puts banks on notice, lowers lending rate to 10.75%
The Central Bank of Kenya has lowered its base lending rate by 50 basis points to 10.75 per cent down from 11.25 per cent, effectively cheapening interest charged on loans. The Monetary Policy Committee (MPC) chaired by CBK Governor Kamau Thugge,
Kenya central bank sees minimal effect on shilling from Trump aid freeze
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 late January, Trump placed a pause on most foreign development assistance pending assessments of efficiencies and consistency with his foreign policy.
Kenya's MPC cuts key rate to 10.75% to spur growth
On Sunday, the Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) decided to lower the Central Bank Rate (CBR) by 50 basis points to 10.75 percent from the previous 11.25 percent. This move is aimed at supporting economic activity and maintaining exchange rate stability.
Cheaper Loans as Central Bank Rate Reduced Again
The Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) has announced a reduction in the Central Bank Rate (CBR) from 12.00 percent to 11.25 percent to stimulate economic growth. This means that Kenyans will be able to enjoy cheaper loans for various items including businesses,
Kenya has begun talks with IMF for new lending program, finance minister says
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Kenya revives poisoning campaign to curb invasive Indian house crows
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Rosh Yeshiva Denied Boarding on Kenya Airways
A respected Chabad Rabbi and Rosh Yeshiva was denied boarding on a Kenya Airways flight from Johannesburg to Nairobi, ...
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Kenya: Renewed pressure on Ruto to probe abductions after two missing people found dead
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U.S. supports the Kenya-led mission in Haiti, Rubio says as more troops arrive
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Kenya deploys additional 144 police to Haiti
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Kenya: Ruto renovates State House despite public outrage
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Believers in tribalism have no space in Kenya, says Ruto
Ruto said his administration is determined to ensure all Kenyans are offered equal treatment without discrimination.