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HomeDaily NewsWednesday, June 10, 2026CBK Maintains 8.75pc Rate, Cuts 2026 Growth Forecast - June 2026
Business & Economy3 stories from 2 sources

CBK Maintains 8.75pc Rate, Cuts 2026 Growth Forecast - June 2026

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.

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Tuesday 9:39 PMCapital BusinessFirst

CBK maintains 8.75pc rate, cuts 2026 growth forecast

CBK maintains 8.75pc rate, cuts 2026 growth forecast

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.

Read Story

Key Highlights

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.

  • CBK will keep the benchmark lending rate at 8.75%.
  • The Monetary Policy Committee (MPC) made the decision on June 9.
  • Kenya’s economic growth forecast for 2026 has been revised downwards to 4.9 percent from 5.3 percent.
Wednesday 2:00 PMCapital Business

CBK ties next interest rate decision to inflation trends

CBK ties next interest rate decision to inflation trends

The Central Bank of Kenya (CBK) has announced that its next interest rate decision will be contingent upon upcoming inflation data, with a particular focus on food and energy price trends.

Read Story

Key Highlights

The Central Bank of Kenya (CBK) has announced that its next interest rate decision will be contingent upon upcoming inflation data, with a particular focus on food and energy price trends.

  • Kenya's inflation reached 6.7 percent in May, up from 5.6 percent in April.
  • The CBK, led by Governor Kamau Thugge, will monitor inflation closely before its next Monetary Policy Committee meeting.
  • Factors influencing the decision include volatile food prices and global oil prices affected by Middle East tensions.
Wednesday 6:34 PMNation Business

KRA targets employers over Sh100bn Affordable Housing Levy default

KRA targets employers over Sh100bn Affordable Housing Levy default

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.

Read Story

Key Highlights

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.

  • Estimated Sh100 billion in unremitted Affordable Housing Levy.
  • The KRA and the State Department for Housing are involved in this enforcement push.
  • Parliament is being asked to amend the Finance Bill, 2026, to empower the KRA to recover these funds as a civil debt.
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