CBK Issues Guidance as Businesses Raise Concerns Over Old Banknote Rejections

The Central Bank of Kenya (CBK) has confirmed that older series banknotes, except the Ksh1,000 note, remain legal tender amidst public confusion.

Pension assets in fixed deposits drop 11pc on low interest rates

Pension fund investments in fixed deposits have experienced a significant downturn, dropping by 11.7 per cent in the six months leading up to December 2025.

Central Bank warns Middle East conflict could reignite inflation

The Central Bank of Kenya (CBK) is warning that the escalating conflict in the Middle East could trigger a resurgence of inflation, posing a significant challenge to maintaining price stability ahead of its upcoming April Monetary Policy Committee (MPC) meeting.

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.