The Kenyan shilling has appreciated by 17% year-to-date against the US dollar, as the Central Bank of Kenya (CBK) reduced its benchmark interest rate for the second time in a row, following a significant decline in inflation.
In recent weeks, a series of monetary policy decisions have seen central banks across Africa hold benchmark interest rates, as inflationary pressures ease across the continent.
Our attention has been drawn to reports with regards to our operating licence in Kenya. Like many other...
The Central Bank of Kenya says Flutterwave and Chipper Cash are not licensed to operate remittances or payment services in the East African country.
For the first time in almost seven years, Kenya has raised its interest rate to curb inflation expectations as concerns about commodity prices build.
The Central Bank of Kenya is currently considering the adoption of digital currency in the country.
Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from CBK.
