All banks adopt new loan pricing formula for Kenyan shilling loans

Kenya’s inflation slips to 4.5pc in November

Kenya's inflation rate experienced a marginal decrease in November, settling at 4.5 percent from October's 4.6 percent. This figure remains within the Central Bank of Kenya's target range, primarily attributed to reduced prices of staple household goods.

Absa joins race to adopt new loan pricing model

Absa Bank Kenya is the latest major lender to adopt the Central Bank of Kenya's (CBK) Revised Risk-Based Credit Pricing Model (RBCPM), effective December 1 for new loans. This move aligns with the CBK's push for greater transparency in loan pricing and comes as financial institutions race to meet a year-end deadline.

Talanta Sports City paves the way for first-world urban mobility

The construction of Talanta Sports City is significantly transforming Nairobi's urban mobility, with extensive infrastructure upgrades driven by Kenya's first-world stadium project. These developments include new access roads, railway links, and major highway improvements to accommodate increased traffic and host the 2027 Africa Cup of Nations.