The Central Bank of Kenya (CBK) has reduced its benchmark lending rate by 25 basis points to 9 percent, aiming to boost credit uptake and economic activity. This marks the second consecutive rate cut as Kenya's economy shows signs of stabilization.

• The new lending rate is 9 percent, down from 9.25 percent.
• The Monetary Policy Committee (MPC) announced the decision, citing easing inflation and improved private-sector credit.
• Kenya's overall inflation fell to 4.5 percent in November, remaining within the CBK's target range.

Kenyans are increasingly using cryptocurrency, especially Stablecoins, for remittances and cross-border payments due to lower transaction costs and faster settlement, according to a new report by Bybit.

• Stablecoins, particularly dollar-pegged tokens like USDT, USDC, and DAI, are preferred for faster and cheaper transfers compared to traditional methods.
• The trend reflects a broader shift across Africa, where inflation and currency volatility drive users to digital dollars for preserving value and navigating FX restrictions.
• Kenya's crypto user base grew from 10,400 in 2017 to about 733,300 in 2025, with approximately 10.7% of the population owning cryptocurrencies.
• Kenya is poised to accelerate adoption further with its new Virtual Assets Service Providers Bill, gazzeted in October 2025, introducing a licensing and regulatory framework.
• Stablecoins account for roughly 43 percent of all crypto transaction volume in Sub-Saharan Africa.
• Spurt Group projects the number of cryptocurrency users in Africa will reach 55.47 million by 2028.

NCBA Group recently honored top performers in Asset Finance, Insurance Premium Finance (IPF), and Bancassurance at its 2025 Johari Awards grand finale in Nairobi, recognizing excellence across various regions of Kenya.

• A total of 154 outstanding performers were celebrated, including 75 regional winners and 79 national winners.
• James Gossip, Managing Director of NCBA Group, emphasized the power of partnership and resilience in driving their leadership in these sectors.
• Key winners included Isuzu East Africa Limited in the New Market Best Brands segment, Liaison Group (Insurance Brokers) Limited for IPF contributions, and individuals such as Patrick Wangombe and Rosemary Manyara for their outstanding performance.