The Central Bank of Kenya (CBK) decided to keep the Central Bank Rate (CBR) steady at 8.75 percent during its Monetary Policy Committee (MPC) meeting on April 8, 2026. This decision reflects the policymakers' careful observation of global trends, particularly the ongoing conflict in the Middle East, which has disrupted
Tag: Kenya economy 2026
Kenya Must Rethink Capital Strategy to Unlock Investment Growth – Experts
Kenya's potential for rapid economic growth and attracting substantial investment depends on its ability to effectively coordinate, structure, and utilize capital. This insight emerges from leading financial experts following the recent Kenya International Investment Conference (KIICO) 2026. Abdi Mohamed, CEO of Absa Bank Kenya, emphasized the need to move away
Kenyan Shilling Holds Steady as Treasury Bill Rates Decline – CBK
The Kenyan shilling demonstrated stability against major international and regional currencies in the week ending March 26, 2026, despite a decline in Treasury bill interest rates, as reported by the Central Bank of Kenya (CBK) in its Weekly Bulletin on March 27.On March 26, the shilling traded at Ksh129.72 per
Kenya Secures $2.9 Billion Investment Deals, Set to Create 63,000 Jobs – Ruto
President William Ruto has unveiled more than $2.9 billion in 20 investment deals that will create 63,000 quality jobs for Kenyans.The investments span across agriculture, manufacturing, ICT, Business Process Outsourcing, healthcare, energy, and real estate.The President said the majority of these investments are already at advanced stages of implementation, with