Hotels in Nairobi have been hit the hardest as the hospitality sector struggles to crawl out of effects resulting from the COVID-19 pandemic. This ...
Activity by Kenya’s private sector hit a three-month high in January as players continue to profit from a further ease to COVID-19 restrictions. ...
The Central Bank of Kenya (CBK) has left the benchmark lending rate at seven per cent at its sixth straight policy meeting on Wednesday. In a state...
The Central Bank of Kenya (CBK) is expected to largely retain the benchmark lending rate at seven per cent for most of 2021. The reserve bank whose...
Local hotels are effectively scheduled for a reset as the end of the Christmas festivities cut off domestic tourism. Kenyans travelling domesticall...
Commercial banks have held back funds released from the lowering of the Cash Reserve Ratio (CRR) in March by the Central Bank of Kenya (CBK). Accor...
The Kenyan shilling has remained in a free fall as it crosses a new confidence marker to trade past Ksh.111 mark against the US dollar. The local u...
The Kenya shilling slipped past another crucial confidence marker on Friday as it breached the Ksh.110 mark in its valuation against the US dollar. ...
The Central Bank of Kenya (CBK) has left the benchmark lending rate unchanged at seven percent for the fifth straight time following its policy meetin...
Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...
As the majority of countries fall into recession this year, Kenya has been tipped to escape contraction this year from its broad based economic struct...
The Central Bank of Kenya (CBK) has left the benchmark lending rate at seven percent for the fourth consecutive time noting its recent accommodative s...
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at seven percent for the third straight month. The CBK Monetary Policy Comm...
Local enterprises foresee a potential economic rebound should government further ease restriction measures to contain the COVID-19 pandemic. As the...
The Central Bank of Kenya (CBK) has held its benchmark lending rate for the second time at seven percent, noting continued policy transmission on rece...
Over 90 percent of hotel staff were laid off in April as hotels closed their doors as a result of the COVID-19 pandemic. April’s Monetary Policy ...
A majority 60 percent of local firms will cut jobs this year owing to the hardships brought forward by the COVID-19 pandemic. According to the Cent...
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at seven percent breaking the recent cycle of cuts to support the economy. ...
The Central Bank of Kenya (CBK) says it is working with member banks on a scheme to cushion micro, small and medium enterprises (MSMEs) against shocks...
The Central Bank of Kenya (CBK) has cut the base lending rate to 7 percent from 7.25 percent in a bid to support further liquidity in the wake of a we...