CBK Governor Kamau Thugge/photo courtesy

Banks set for new risk-based pricing model as clients with poor credit history to pay more for loans

Central Bank of Kenya (CBK) Governor Kamau Thugge has announced that in the next three months, commercial banks are expected to have transitioned to the new risk-based pricing models with new loans expected to be priced using the new framework beginning December 1, 2025. The model pegged on the Kenya Shilling Overnight Interbank Average (KESONIA),…

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CBK survey projects drop in food prices despite soaring inflation./photo courtesy

CBK survey projects drop in food prices despite soaring inflation

Food prices are expected to decline in the coming months despite a recent rise in inflation. This is according to the Central Bank of Kenya’s (CBK) latest agriculture survey, released in July 2025. The report shows that inflation edged up to 4.1 percent in July compared to the same period last year. However, the majority…

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CBK headquarters Nairobi/photo courtesy

CBK Opens Ksh50 Billion infrastructure bond sale after rejecting majority of August bids

The Central Bank of Kenya (CBK) has launched a fresh infrastructure bond sale worth Ksh50 billion. In a statement released on Tuesday, August 19, the CBK announced that the funds will be raised through the reopening of two infrastructure bonds IFB1/2018/015 and IFB1/2022/019. The sale will run until Thursday, August 21, or until the target…

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President William Ruto/photo courtesy

President Ruto establishes multi-agency team to combat corruption

President William Ruto has announced the formation of a Multi-Agency Team on War against Corruption (MAT) to beef up the fight against graft. In a presidential proclamation issued today, Ruto said the team will operate under a whole-of-government approach, designed to foster synergy, coordination, and impactful interventions across various arms of government. MAT will be…

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Governor of CBK, Kamau Thugge, speaking during the release of the latest Monetary Policy Committee (MPC) decision on August 13, 2025. / Photo CBK

CBK explains shilling’s 11-month stability at KSh129 to the dollar

The Kenyan Shilling has stayed within a narrow range of about Ksh129 to the US dollar for more than 11 months. It has defied global economic turbulence and high debt obligations. The Central Bank of Kenya (CBK) attributes this stability to strong foreign exchange inflows, healthy reserves and prudent economic management. Governor of CBK, Kamau…

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CBK to pump KSh 180m into SafetyNet to protect SACCO cash

The Central Bank of Kenya (CBK) plans to put in an estimated Ksh 180 million into a Deposit Guarantee Fund (DPF), designed to provide a financial safety net for individuals and corporate entities that hold huge deposits in Deposit-Taking Savings and Credit Cooperative Societies (SACCOs). This yet-to-be-established fund is part of the latest reforms in…

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Stanbic Banks Chief Financial Value Officer Dennis Musau. Photo: courtesy

Stanbic Holdings boosts dividend after KSh12 billion profit

Stanbic Holdings reported a KSh12.16 billion profit for 2023, allowing the lender to increase dividend to members. Annual profit was up 34 per cent from the previous year’s record of KSh9.06 billion after the net profit hit the highest in company’s history. READ ALSO: KenGen profit falls 9.2 per cent on weak shilling Therefore, Stanbic…

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Why financial agencies need to invest in professional managers

The financial landscape in Kenya is characterized by a diverse array of institutions like banks, insurance companies and Saccos that cater to the financial needs of individuals and businesses. At the heart of the effective functioning of these organizations lies the crucial element of professional management.  This article explores the unique characteristics of banks, insurance…

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