The Central Bank of Kenya (CBK) has maintained its benchmark lending rate at 8.75 percent, citing rising inflation primarily driven by increased global energy prices. The CBK has also announced that its next interest rate decision will be contingent upon upcoming inflation data, with a particular focus on food and energy price trends. Separately, the Kenya Revenue Authority (KRA) is preparing to pursue employers who have failed to remit over Sh100 billion in employee deductions for the Affordable Housing Levy.










