9 h. ago Grim Outlook for Kenyan Job Market as CEOs Plan Job Cuts From July

Kenya’s job market is bracing for more turbulence as a new survey by the Central Bank of Kenya (CBK) reveals that 127 CEOs are preparing to cut jobs between July and September this year. The findings paint a bleak outlook for employment, with executives blaming the rising cost of doing business and declining sales for their decision. Released on Tuesday, June 17, the report highlights growing pressure on companies to scale down operations. Many CEOs said that a surge in operational costs coupled with reduced revenue has made it difficult to maintain current staffing levels. For job seekers, the situation The post Grim Outlook for Kenyan Job Market as CEOs Plan Job Cuts From July appeared first on Nairobi Wire.

Society

27 h. ago Central Bank of Kenya extends operational hours for national payment system

Central Bank of Kenya extends operational hours for national payment system  MSN

Economics

53 h. ago Access Bank Kenya Secures Ksh129.3 Million Funding for Expansion

Access Bank Kenya Secures Ksh129.3 Million Funding for Expansion  MSN

Economics

58 h. ago Embattled Kenya police deputy 'steps aside' after death in custody

Embattled Kenya police deputy 'steps aside' after death in custody  Bangladesh Sangbad Sangstha (BSS)

Events

3 d. ago Tanzania, Uganda among 36 other countries in Trump’s travel ban watchlist

Tanzania and Uganda are among thirty-six other countries added to the United States travel ban watchlist. Among the reasons cited include questionable security and lack of a cooperative government. Other African countries in the list include Angola, Ethiopia, Egypt, Gabon, Gambia, Djibouti, Mauritania and the Democratic Republic of Congo. The entry of people from seven […] The post Tanzania, Uganda among 36 other countries in Trump’s travel ban watchlist appeared first on The DailyMail- Kenya.

Politics

3 d. ago Trump mulls expanding US travel ban to 36 countries, including Tanzania and Uganda

Trump mulls expanding US travel ban to 36 countries, including Tanzania and Uganda  NTV Kenya

Politics

6 d. ago Govt Eyes Fresh IMF Financing to Stabilize Economy as Ksh465B Programme Nears Expiry

Kenya has formally approached the International Monetary Fund (IMF) to negotiate a new financing agreement as its current IMF-supported programmes approach their end. The government has relied heavily on the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), which have provided over Ksh388 billion in funding during a time of severe debt strain. The IMF acknowledged receiving Kenya’s request and announced plans to send a mission team to Nairobi in September 2025 to begin formal negotiations. Speaking at a press briefing on June 11, 2025, Central Bank of Kenya (CBK) Governor Kamau Thugge confirmed that the government had already The post Govt Eyes Fresh IMF Financing to Stabilize Economy as Ksh465B Programme Nears Expiry appeared first on Nairobi Wire.

Politics

6 d. ago CBK Cuts Lending Rate to 9.75%, First Time Below 10% in Two Years

The Central Bank of Kenya (CBK) has lowered its benchmark lending rate to 9.75 percent, stepping up efforts to make loans more affordable and energize the economy. This is the first time in two years that the rate has returned to single digits, signaling a turning point in the country’s monetary policy. Announced on June 10, 2025, the 25 basis point cut – down from 10 percent – comes as part of CBK’s broader strategy to support private sector lending and ease the cost of credit. It also marks the sixth consecutive reduction by the bank’s Monetary Policy Committee (MPC), The post CBK Cuts Lending Rate to 9.75%, First Time Below 10% in Two Years appeared first on Nairobi Wire.

Politics

7 d. ago Ruto: Terrorists used banks from Kenya, Somalia and South Africa to fund DusitD2 terror attack

Ruto: Terrorists used banks from Kenya, Somalia and South Africa to fund DusitD2 terror attack  Daily Nation

Events

7 d. ago World Bank cuts Kenya's economic growth to 4.5% on costly food

World Bank cuts Kenya's economic growth to 4.5% on costly food  MSN

Economics

7 d. ago Uganda's boon is Kenya's bane as EU reshuffles financial crime blacklist

Uganda's boon is Kenya's bane as EU reshuffles financial crime blacklist  Nilepost News

Events

8 d. ago World Bank downgrades Kenya's GDP growth to 4.5 per cent in June projection

World Bank downgrades Kenya's GDP growth to 4.5 per cent in June projection  The Eastleigh Voice

Politics

8 d. ago How Higher Capitalisation Will Reshape Kenya’s Banks, Economy

How Higher Capitalisation Will Reshape Kenya’s Banks, Economy  The Kenyan Wall Street

Politics

8 d. ago Kenya central bank lowers 2026 growth forecast to 5.4% By Reuters

Kenya central bank lowers 2026 growth forecast to 5.4% By Reuters  Investing.com

Politics

8 d. ago CBK, World Bank Trim Kenya’s Economic Growth Forecast Amid Trade Headwinds

CBK, World Bank Trim Kenya’s Economic Growth Forecast Amid Trade Headwinds  The Kenyan Wall Street

Economics

8 d. ago Kenya central bank cuts key rate again but by smaller margin

Kenya central bank cuts key rate again but by smaller margin  marketscreener.com

Politics

1 week ago Gachagua pressures Atwoli to speak up on diversion of NSSF funds to bankroll Govt mega

NAIROBI, Kenya, June 8 – Former Deputy President Rigathi Gachagua has called on Central Organization of Trade Unions (COTU-Kenya) Secretary General Francis Atwoli to expose the alleged misuse of National Social Security Fund (NSSF) resources. Speaking during a Sunday service at Jesus Celebration Centre Malindi, Gachagua expressed regret that funds meant for workers’ retirement are […] The post Gachagua pressures Atwoli to speak up on diversion of NSSF funds to bankroll Govt mega-projects appeared first on The DailyMail- Kenya.

Events

1 week ago Kenya's Apex Bank (CBK) Approves 41 Additional Digital Credit Providers, Total Now At 126

Kenya's Apex Bank (CBK) Approves 41 Additional Digital Credit Providers, Total Now At 126  Tech Build Africa

Politics

1 week ago REGULATION | The Central Bank of Kenya (CBK) Licenses 41 New Digital Lenders – Full List Inside

REGULATION | The Central Bank of Kenya (CBK) Licenses 41 New Digital Lenders – Full List Inside  BitKE

Politics

1 week ago Kenya may miss out on Sh96.9bn World Bank loan over key anti

Kenya may miss out on Sh96.9bn World Bank loan over key anti-corruption law  Business Insider Africa

Politics