Kenya's Central Bank Governor Kamau Thugge explained that Trump's emphasis on increasing domestic oil and gas production ...
Kenya’s economy grew by 4.0% in the third quarter of 2024, with slow credit growth and global uncertainties contributing to a ...
Central Bank of Kenya (CBK) report indicated that the average lending rate for commercial banks dropped to 16.89% in December ...
The governor of the Czech National Bank has said he will ask its board this week to consider adding bitcoin to its reserves to diversify the CNB’s portfolio. Speaking to the Financial Times today ...
US President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer ...
The cut in lending rates comes ahead of next week’s rate-setting meeting by the CBK’s Monetary Policy Committee—the first ...
Lesetja Kganyago, the governor of the South African Reserve Bank (SARB), has openly criticized crypto lobbying groups for pushing governments to adopt Bitcoin as a part of their national reserves.
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Banks lower lending rates in wake of Central Bank rate cut
Most commercial banks in the country reduced their lending rates in December 2024 in line with the Central Bank of Kenya’s benchmark rate cut, official data shows, passing benefits to borrowers. This ...