40 h. 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

40 h. 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

54 h. 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

57 h. 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

3 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

3 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

3 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

3 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

4 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

6 d. 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

7 d. 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

8 d. 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

8 d. 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

8 d. ago Nigerian fintech unicorn Moniepoint expanding into Kenya with microfinance bank acquisition

Nigerian fintech unicorn Moniepoint expanding into Kenya with microfinance bank acquisition  - Disrupt Africa

Economics

9 d. ago Kenya under pressure from World Bank to cut special economic zone incentives

Kenya under pressure from World Bank to cut special economic zone incentives  The Africa Report.com

Economics

9 d. ago Airtel Kenya gives back 50% of fee for bank to Airtel Money Wallet transactions as airtime

Airtel Kenya gives back 50% of fee for bank to Airtel Money Wallet transactions as airtime  Telecompaper

Economics

9 d. ago BANKING | 31% of Kenyan Banks Signal Openness to Facilitate Virtual Assets Transactions, Central Bank of Kenya Survey Shows

BANKING | 31% of Kenyan Banks Signal Openness to Facilitate Virtual Assets Transactions, Central Bank of Kenya Survey Shows  BitKE

Politics

1 week ago Sustainable Banking Gains Momentum in Africa, Led by Kenya and South Africa

Sustainable Banking Gains Momentum in Africa, Led by Kenya and South Africa  The Kenyan Wall Street

Politics

1 week ago KCB Group & Access Bank Complete National Bank of Kenya Transaction

KCB Group & Access Bank Complete National Bank of Kenya Transaction  african markets

Politics

1 week ago Moniepoint Secures Approval to Acquire Majority Stake in Kenya’s Sumac Microfinance Bank

Moniepoint Secures Approval to Acquire Majority Stake in Kenya’s Sumac Microfinance Bank  Tech Build Africa

Economics