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CBK allows Safaricom to increase daily transaction limits to Ksh 500,000

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Safaricom is set to increase M-PESA account limits to Ksh 500,000 following approval from the Central Bank of Kenya. The higher account limit will be...

CBK unperturbed by VAT hike on fuel, predicts growth above 5pc

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The Central Bank of Kenya (CBK) new governor Dr Kamau Thugge projects inflation rate to subside to within medium term target by end of...

Central bank hikes interest rates to 10.5pc

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The Central Bank of Kenya has increased the base lending rate by 100 basis points as inflation stayed above medium term target in May. The...

Finance Committee recommends approval of Dr. Kamau Thugge as CBK Governor

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National Assembly’s Departmental Committee on Finance and National Planning has recommended the nomination of Dr. Kamau Thugge to be the next Governor of the...

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