Kenya: Relief as Bank Rate Drops

The Central Bank has lowered the lending rate from 18 to 16,5 percent, citing a drop in inflation and a successful policy stance.

Kenya: Relief As Central Bank Rate Drops to 16.5pc

Capital FM, 5 July 2012

Borrowers are likely to breath a sigh of relief after the Central Bank's Monetary Policy Committee (MPC) lowered the benchmark rate from 18 to 16.5 percent, citing a drop in ... read more »

Video

Kenya: Central Bank Expected to Cut Interest Rates

The Star, 5 July 2012

Bankers expect the Central Bank of Kenya to start easing interest rates starting with today's Monetary Policy Committee. Core inflation, which excludes food and fuel, had been ... read more »
Kenya: Central Bank Downplays Barclays Scandal

The Star, 5 July 2012

THE Central Bank of Kenya has downplayed fears that Barclays Bank Kenya will be impacted by a damning interest rate-rigging scandal that has hit its parent company in the United ... read more »
Kenya: World Bank Lauds Kenya's Economic and Governance Reforms

The Star, 3 July 2012

Kenya has improved the policy environment for poverty reduction, according to an assessment released by the World Bank yesterday. read more »
Kenya: Lack of Credit Hits Kenya's GDP Growth

The Star, 2 July 2012

Kenya's Gross Domestic Product in the first quarter of 2012 dropped to 3.5 per cent compared to a similar period last year when it recorded a 5.1 per cent, and the lowest posted ... read more »

Kenyan shilling.

Historic Interest Rate Hike for Kenya

The Central Bank of Kenya increased its key lending rate to 16.5 percent - a 550 basis points increase. This hike is the highest ever since the rate came into being in 2005. Read more »
- Kenya: Central Bank Interest Rate Up to 16.5 Percent
- Kenya: Shilling Strengthens On CBK Benchmark Rate Increase
Kenya's Inflation Rate Drops for First Time This Year

A slight drop in the prices of basic foodstuff and kerosene has slowed down the rate of inflation for the first time in 15 months. Read more »
- Kenya: Inflation Rate Eases From One Year Rally On Lower Food Prices
- Kenya: Inflation Rate Drops for First Time This Year