In recent months, Kenya has seen a steady decline in inflation, creating a potential turning point…
Tag: CBK
Six Candidates Shortlisted for Central Bank of Kenya Deputy Governor Position
The appointment of a Deputy Governor for the Central Bank of Kenya (CBK) is a significant…
CBK Mandates Financial Institutions to Adopt Global ISO 20022 Payment Standard
The financial industry in Kenya is on the cusp of a transformative shift, with the Central…
CBK Defends Ksh 14 Billion New Banknotes Printing Deal
The Central Bank of Kenya (CBK) has come under scrutiny following the revelation that the printing…
Absa Kenya to Expand Agency Services Network to 17,000 Outlets in Two Years
Absa Bank Kenya has unveiled an ambitious plan to significantly expand its agency services network, with…
Retail Food Prices Fall as Exchange Rate Stabilizes and Fuel Costs Decrease
Kenyans are poised to experience a significant decline in food prices over the next three months,…
Unlocking the Potential of Diaspora Investments for Kenya’s Development
Kenyans in the diaspora continue to play a pivotal role in the economic growth of their…
Kenya’s Currency Printing Deal Raises Transparency Concerns Amid Financial Strain
The Central Bank of Kenya (CBK) has stirred a significant debate with its recent decision to…
Risk-Averse Investors Shun Kenyan Local Debt, Deepening Fiscal Woes
Nervousness among investors over Kenya’s economic and political stability is leading to a significant withdrawal from…
Banks to Enhance Surveillance of Customer Transactions Following CBK Directive
Commercial banks in Kenya have embarked on a significant overhaul of their transaction monitoring practices. This…