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 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 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'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,
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Emotional Moment as Wife of Man Who’s Body Was Sneaked Into Kenya from US Views His Body
It was an emtional moment as the wife of Boaz Ogeto got to view her partner's lifeless body. According to reports, the family ...
The Star58m
Kenya is seeking new markets for its meat, and livestock products
Kenya has traditionally been reliant on UAE and broader Middle East but is now targeting African nations. Nicholas Ngahu, CEO ...
Kenya has begun talks with IMF for new lending program, finance minister says
Kenya has already started talks with International Monetary Fund officials to secure a new lending program when the current ...
Tuko on MSN1h
North Eastern Kenya Disability Groups Applaud William Ruto's Landmark Visit
Ruto concluded his four-day tour of the North Eastern counties Mandera, Garissa and Wajir. Disability groups have lauded the ...
The Star Worldwide (English) on MSN4h
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.
Mongabay on MSN14h
Kenya revives poisoning campaign to curb invasive Indian house crows
NAIROBI ― Introduced to East Africa in 1891, in Zanzibar, to deal with domestic food waste, Indian house crows are now ...
U of Manitoba-led program tackling HIV in Kenya in jeopardy after Trump's cuts to USAID
The Trump administration's freeze on American foreign aid is sending a chill into the Manitoba non-profit space, with some ...
U.S. supports the Kenya-led mission in Haiti, Rubio says as more troops arrive
The United States is committed to working with the Kenya-led multinational security support mission in Haiti, but its numbers ...
Digital Camera World on MSN2d
"I traveled to Kenya and captured this powerful image to convey the plight of the southern white rhino"
Rahul Sachdev’s golden silhouette of a southern white rhino earned him gold in the prestigious HIPA photography competition's ...
The Africa Report2d
Kenya: Renewed pressure on Ruto to probe abductions after two missing people found dead
The opposition has warned that unless the government investigates the surge in abductions and extrajudicial killings, it will ...
The Star1h
State considering listing Kenya Pipeline at NSE
NSE Last recorded an IPO in 2015, when Stanlib Investments issued the first ever Real Estate Investment Trust.