CBK licenses 42 more digital credit providers, total now 195

The Central Bank of Kenya (CBK) has licensed an additional 42 Digital Credit Providers (DCPs), bringing the total number of regulated digital lenders in the country to 195 as of January 1, 2024. This ongoing regulation aims to curb predatory practices and protect consumers in the rapidly expanding digital lending sector.

CEOs see Trump tariffs, high taxes hurting growth in 2026

Kenyan business leaders anticipate that external pressures, specifically from potential changes in US policy, alongside persistent domestic issues like high taxes, will impede economic growth in 2026. This outlook comes from a recent survey conducted by the Central Bank of Kenya (CBK), even as firms plan to leverage technology and efficiency to stabilize the economy.

CS John Mbadi signals potential lower rates in 2026

CBK Issues Update on Changes in All Bank Loans

The Central Bank of Kenya (CBK) has updated on the adoption of the risk-based loan pricing model, revealing that nearly half of all banks still use the old interest rate reference. This comes three months after the regulator officially adopted the new model to enhance transparency in lending.

Thugge dismisses claims of forex intervention as shilling holds at Sh129

Kenya's Central Bank Governor Kamau Thugge has refuted claims of intervening in the foreign exchange market, asserting that the shilling's recent stability against the US dollar is a result of improved economic fundamentals.

Why CBK has cut key rate ahead of festive season

The Central Bank of Kenya (CBK) has reduced its benchmark lending rate ahead of the festive season to stimulate credit growth and support the economy. This decision was made during the Monetary Policy Committee (MPC) meeting.