DP Prof. Kithure Kindiki/photo file
DP Kindiki hails CBK rate cut as signal of economic recovery
Deputy President Kithure Kindiki has welcomed the Central Bank of Kenya’s (CBK) latest move to lower its base lending rate, describing it as a clear indication that Kenya’s economy is regaining stability after years of depression. The CBK reduced its benchmark lending rate by 25 basis points, bringing it down to 9.5 percent. This is…
