Kamau Thugge - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Banks urged to prioritise impact over loan volume in MSME lending

Sacco ReviewSeptember 26, 202604 mins

Banks are urged to measure MSME lending by its impact on jobs, businesses and livelihoods Fresh MSME lending reaches Ksh246 billion as banks target Ksh500 billion by year-end Lenders call for stronger data, smarter guarantees and more green financing for agriculture Commercial banks have been challenged to shift focus from the size of the loans…

MPs raise alarm over CBK’s proposed new bank levy

Sacco ReviewJuly 31, 202609 mins

MPs have raised concerns that a proposed Central Bank of Kenya levy on banks could lead to higher banking charges and loan costs for customers. The proposal would replace the current fixed annual fee with a levy of 0.15 per cent of a bank’s gross annual revenue. Lawmakers questioned the levy’s legal basis, penalty provisions…

CBK holds lending rate at 8.75% to anchor inflation amid global price shocks

Sacco ReviewJune 10, 202604 mins

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…

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

Sacco ReviewAugust 14, 202504 mins

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…

President Ruto nominates former PS Kamau Thugge for CBK governor

Sacco ReviewMay 16, 2023May 16, 202303 mins

President William Ruto has nominated the former National Treasury Permanent Secretary (PS) Dr Kamau Thugge as Governor of the Central Bank of Kenya (CBK). If approved Dr Thuge will take over from Dr Patrick Njoroge who has been CBK governor since 2015. Thuge’s nomination comes after recruitment exercise that was carried out by the Public…