Kenyan Shilling appreciates by 17% amid two interest rate cuts in 2024—How much has inflation eased?
The Kenyan shilling has appreciated by 17% year-to-date against the US dollar, as the Central Bank of Kenya (CBK) reduced ...
Tag: Central Bank of Kenya
Major African economies hold rates as inflationary pressure cools across continent
In recent weeks, a series of monetary policy decisions have seen central banks across Africa hold benchmark interest rates, as ...
We submitted application for a licence in Kenya since 2019: Flutterwave
Our attention has been drawn to reports with regards to our operating licence in Kenya. Like many other financial technology ...
Kenyan central bank governor says Flutterwave, Chipper Cash not licensed to operate in Kenya
The Central Bank of Kenya says Flutterwave and Chipper Cash are not licensed to operate remittances or payment services in ...
Kenya raises interest rate to 7.5% in May 2022, first time in 7 years
For the first time in almost seven years, Kenya has raised its interest rate to curb inflation expectations as concerns ...
Kenya set to adopt digital currency
The Central Bank of Kenya is currently considering the adoption of digital currency in the country.
Access Bank finally acquires Kenyan bank, Transnational Bank Plc
Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from ...
