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Reprieve for Kenyan borrowers as commercial banks lower average lending costs
Central Bank of Kenya (CBK) report indicated that the average lending rate for commercial banks dropped to 16.89% in December ...
businessday10d
Kenya’s central bank governor expect benefits from Trump’s ‘Drill, Baby, Drill’ cry
Kenya's Central Bank Governor Kamau Thugge explained that Trump's emphasis on increasing domestic oil and gas production ...
Business Daily Africa2d
Lending rates decline five months after CBK rate cut
The cut in lending rates comes ahead of next week’s rate-setting meeting by the CBK’s Monetary Policy Committee—the first ...
Kenyans.co.ke3d
Kenya Bankers Association Urges Central Bank to Cut Lending Rates Ahead of MPC Meeting
Kenya’s economy grew by 4.0% in the third quarter of 2024, with slow credit growth and global uncertainties contributing to a ...
Trump Plan to ‘Drill, Baby, Drill’ Aids Kenya, Central Bank Says
US President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer ...
Tuko8d
Tanzania Unveils New Banknotes to Be Circulated from February 2025
Tanzania has introduced new banknotes, which will begin circulating in February 2025. The updated currencies based on the ...