CBK Warns on Banknote Misuse as Spotify Hikes Premium Prices in Kenya

The Central Bank of Kenya (CBK) issued a strict warning on February 2, 2026, against the misuse of banknotes for decorative purposes, specifically targeting practices like creating “cash flower bouquets.” The CBK emphasized that such actions deface legal tender and have significant legal and economic ramifications. In other news related to Kenya, Spotify has announced a significant increase in its Premium subscription prices for users in the country. This is the second price hike from the company in just over a year and aligns with similar increases in other markets. Concurrently, Kenyan brands are increasingly leveraging TikTok for Business to boost brand awareness and achieve measurable business results, with significant growth in the past year.