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,
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 ...
The Star1h
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.
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 ...
AFP on MSN4h
Kenya deploys additional 144 police to Haiti
A new contingent of Kenyan police officers arrived in Haiti on Thursday to bolster a UN-backed security mission, AFP ...
The Star2h
Inside the big scramble for Western Kenya vote bloc
Western Kenya is promising to be crucial vote-bloc in the next elections with top contenders literally camping in the area ...
COLlive News11h
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, ...
Mongabay on MSN10h
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 ...
Old photo used to claim ex-sect leader attacked in 2025 amid rift with Kenya ex-deputy leader
Amid tensions with Kenya’s ex-deputy president Rigathi Gachagua, the former leader of the outlawed Mungiki sect and his ...
Flightglobal10h
AALTO ready to accelerate Zephyr testing after 13-day debut over Kenya
AALTO plans to launch several additional test flights of its ultra-long-endurance Zephyr from a new facility in Kenya this ...
Kenya Electricity posts jump in first-half pretax profit
Kenya Electricity Generating Company posted on Thursday a jump in pretax profit for its half year to end December to 7.95 ...
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 ...