The Central Bank of Kenya (CBK) has cut its base lending rate by 75 basis points to 11.25 percent. In a Thursday evening statement, the CBK said there was still room for looser policy to aid economic growth despite inflation being at a low of 2.8 percent. “The Committee decided to lower the Central Bank...
Trending
- Kenyan startup raises $4.5 million toward sustainable tourism
- World Bank suspends disbursements to Gabon on $27 million loan arrears
- Mozambique swears-in new president amid disputed polls
- Kenya, East Africa leads in startup funding received in 2024
- US President-elect Trump taps Kenya Dusit attack hero
- Ethiopia Accelerates Its Shift Towards a Market Economy with the Stock Exchange (ESX)
- Companies Exit Zambia and Zimbabwe Amid Economic Instability
- AGRA Names Alice Ruhweza as New President