
Government’s interest rate cut aims to boost economic growth and entrepreneurship
In a strategic move to foster business growth and reduce unemployment, the Kenyan government, through the Central Bank of Kenya (CBK), has implemented a reduction in interest rates. From 11.25% in 2024, the rates have been lowered by 75 basis points to 10.75% in 2025, with an additional 50 basis point cut anticipated. This move…