Central Bank Rate - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

MP Buyu proposes microfinance bill to cap interest rates

Sacco ReviewAugust 14, 202605 mins

Rozaah Buyu proposes a bill to protect borrowers from predatory microfinance lending. The bill seeks to cap interest rates and curb unfair debt recovery practices. Non-compliant lenders could face penalties or licence revocation. Kisumu West MP Rozaah Buyu has written to the Speaker of the National Assembly proposing a bill that would tighten protections for…

CBK holds benchmark rate at 8.75% for third straight meeting

Sacco ReviewAugust 12, 202603 mins

CBK has retained the benchmark rate at 8.75% for the third consecutive meeting. Inflation stood at 6.5% in July, while the economy grew 5.3% in Q1 2026. The unchanged rate is expected to keep borrowing costs stable for businesses and households. The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at…

Farmers shift to family and digital lenders as bank, SACCO credit drops despite CBK easing

Sacco ReviewDecember 19, 202504 mins

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….