Sweden’s central bank urges households to keep cash reserves amid global uncertainty

Sweden's central bank, the Riksbank, has reissued a recommendation urging households to keep approximately 1,000 Swedish kronor (about 109 U.S. dollars) in cash at home due to global uncertainty and potential disruptions to digital payment systems.

Kenya’s banking sector sees turnaround as loan defaults drop by Sh46 billion

Safaricom Secures CBK Approval to Mask Phone Numbers on M-Pesa Transactions

Safaricom has received approval from the Central Bank of Kenya (CBK) to implement a privacy feature on M-Pesa that will mask customer phone numbers during transactions.

Treasury moves to tame predatory digital lenders

The Kenyan National Treasury is implementing new measures to regulate predatory digital lenders, aiming to protect consumers from exorbitant interest rates and unethical practices.

CEOs upbeat on 2026 growth amid stable economy

Kenyan CEOs are expressing optimism for business growth in 2026, driven by a stable economic environment and declining interest rates.

When fundamentals are stable but the patient is terrified

Despite strong macroeconomic indicators such as a recent Central Bank of Kenya (CBK) rate cut to 8.75 percent and controlled inflation at 4.4 percent, ordinary Kenyans remain deeply concerned about their economic future. This disparity highlights a significant challenge in translating positive economic data into real-world confidence.