Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Central Bank of Kenya (CBK) has opened bidding for two reopened fixed-coupon Treasury bonds with a combined value of Ksh60 billion, offering Kenyans, including Sacco members and individual investors, an opportunity to earn stable long-term returns with a minimum investment of Ksh 50,000. The bonds, issued under prospectus numbers FXD1/2018/020 and FXD1/2021/025, carry coupon…
The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 8.75 percent for the second consecutive time, following its Monetary Policy Committee (MPC) meeting on June 9, 2026. The regulator said the move is aimed at anchoring inflation expectations in the face of rising global and domestic price pressures. Kenya’s inflation…
Kenya’s Ksh1,000 note has surged to dominate the country’s cash economy, accounting for nearly 80 percent of all notes in circulation, according to new data from the Central Bank of Kenya (CBK). The CBK report shows that total notes in circulation rose by 7 percent, climbing from Ksh 360.46 billion in 2025 to Ksh 388.41…
The microfinance industry is poised for its most sweeping regulatory overhaul in two decades, with a new Microfinance Bill before the National Assembly proposing tighter oversight, stronger consumer protections and expanded powers for the Central Bank of Kenya (CBK). Legislators say the reforms are necessary to modernise rules governing microfinance banks, which serve millions of…
The Central Bank of Kenya (CBK) has announced the licensing of 32 new Digital Credit Providers (DCPs), bringing the total number of licensed providers to 227. This follows the licensing of 42 DCPs in December 2025, signaling a continued effort to regulate and monitor the digital lending space in Kenya. In a statement released on…
The Kenya Bankers Association (KBA) Centre for Research on Financial Markets and Policy has called on the Central Bank of Kenya (CBK) to maintain the current benchmark policy rate at 8.75%. This recommendation comes in light of rising global risks, including escalating geopolitical tensions and the increasing pressure on inflation and the exchange rate. In…
Coffee farmers have called for the revival of Coffee Board of Kenya (CBK), accusing Agriculture Food Authority (AFA) of being ill-prepared to handle their concerns, as it only operated through the coffee directorate. Speaking during a consultative meeting, Samuel Maina, coffee farmer said the assenting of the coming back of the CBK into law will…
The Central Bank of Kenya (CBK) has cautioned the public against using Kenya Shilling banknotes for decorative or celebratory displays, warning that the growing trend of creating cash flower bouquets and similar arrangements damages currency and disrupts cash processing. In a public notice issued on Monday, the CBK said it has observed increasing use of…
Central Bank of Kenya (CBK) Governor Dr. Kamau Thugge has defended the government’s proposal to sell a 15 per cent stake in Safaricom PLC, describing it as an innovative financing option aimed at supporting infrastructure development without increasing public debt. Appearing before lawmakers, Dr. Thugge said the proposed divestiture would have a positive macroeconomic impact,…
Kenyan farmers are increasingly ditching banks and SACCOs in favour of borrowing from family, friends and digital lending platforms, even as conventional borrowing costs fall. The latest Agriculture Sector Survey by the Central Bank of Kenya (CBK) shows a clear pivot toward informal and tech‑enabled credit, underscoring changing preferences and risk dynamics in agricultural financing….
