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Unaccounted for mattress money that never returned into circulation
By Kepha Muiruri, 1102, October 5, 2019 (EAT)
The Central Bank of Kenya (CBK) managed to put to waste sums greater than the reported Ksh.7.4 billion worth of the demonetized Ksh.1000 notes, financ...

CBK , demonetization , old notes , patrick njoroge
Here is what will happen to your old Ksh.1000 notes
By Kepha Muiruri, 2125, October 2, 2019 (EAT)
The Central Bank of Kenya (CBK) will shred and package the entire sum of 209.7 million of the collected old series Ksh.1000 notes before destroying th...

CBK , demonetization , old Ksh.1000 notes , patrick njoroge
Old notes worth Ksh7.4B now worthless, CBK says
By Kepha Muiruri, 1650, October 2, 2019 (EAT)
Kenyans returned Ksh.209.7 billion worth of notes in the recently completed demonetization cycle. According to the Central Bank of Kenya (CBK), the...

CBK , patrick njoroge
Kenyans break ‘last minute’ stereotype as deadline for old Ksh.1K notes closes
By Kepha Muiruri, 2016, September 30, 2019 (EAT)
Commercial Banks registered average to routine operations on Monday as the window to change over to the new currency Ksh.1000 notes came to a close. ...

CBK , demonetization , new notes
How to tell a genuine Ksh.1000 note in the new currency
By Citizen Reporter, 1717, September 26, 2019 (EAT)
The deadline for the old Ksh.1000 notes is fast approaching. The Central Bank of Kenya said the old Ksh. 1000 currency will no longer be accepted a...

demonetiszation , How to , New currency
Naivas, Safaricom issue deadlines for old Ksh.1000 notes
By Duncan Mutwiri, 901, September 26, 2019 (EAT)
Safaricom shops will no longer accept the old Ksh. 1000 notes starting Friday. A statement from the mobile telco said the last day to collect the o...

demonetization , mpesa , naivas , Safaricom
Where is the illicit cash? Queries persist on the demonetization success
By Kepha Muiruri, 2112, September 25, 2019 (EAT)
Revelations by the Central Bank of Kenya (CBK) on the collected sums of the old generation Ksh.1000 notes have served to raise more questions than ans...

CBK , demonetization , new notes
CBK raises alarm over huge cash transactions in Narok ahead of Oct. 1 deadline
By Kepha Muiruri, 1926, September 24, 2019 (EAT)
The Central Bank of Kenya (CBK) has underlined the high usage of cash in Narok County as an ongoing concern ahead of the October 1 demonetization dead...

CBK , demonetization , Narok County
CBK reveals only 24 individuals returned over Ksh.2 million in new notes exchange
By Kepha Muiruri, 1913, September 24, 2019 (EAT)
Only 24 transactions were individually valued above Ksh.2 million in the changeover to the new Ksh.1,000 notes in three months to September 1. Acco...

Central Bank of Kenya , patrick njoroge
Businesses break off use of old Ksh.1000 notes days to Oct 1 deadline
By Kepha Muiruri, 1945, September 23, 2019 (EAT)
Consumers looking to transact in the old series Ksh.1000 note face the risk of rejection by businesses as many of the enterprises dissociate themselve...

CBK , demonetization
‘Cucu still has old Ksh.1K bundles from last Christmas’, Mwalimu Churchill on CBK deadline
By Citizen Reporter, 1050, September 13, 2019 (EAT)
The Central Bank of Kenya is advising Kenyans to check on their cucu and advise her to exchange her old Ksh.1000 notes before the deadline date. Go...

CBK , mwalimu churchill , new currency kenya
Loose cash flows wipe off Shilling recent gains
By Kepha Muiruri, 1215, September 7, 2019 (EAT)
The Kenyan shilling closed at Ksh.103.85 against the US dollar in the week to September 6 to edge back closer to a five average low 104.30 reached at ...

Central Bank of Kenya (CBK) , demonetization , Kenya Shilling
Man busted with fake currency worth Ksh.200M in Kileleshwa due in court
By Citizen Reporter, 949, September 6, 2019 (EAT)
A man who was discovered with fake currencies worth Ksh.200 million in Kileleshwa, Nairobi is set to be arraigned in court on Friday. According to ...

demonetization , Fake currency
U.S. Embassy to stop accepting old Ksh.1,000 notes after September 12
By Benjamin Muriuki, 1758, September 5, 2019 (EAT)
The U.S. Embassy in Nairobi has announced it will not accept the old generation 1,000 Kenya shilling notes after September 12, 2019 ahead of the Octob...

US Embassy
Central Bank embarks on public awareness campaign for new currency
By Kepha Muiruri, 1234, August 16, 2019 (EAT)
The Central Bank of Kenya (CBK) has kicked off the consumer-awareness campaign to help the public know how to pick out fake new currency notes. Thi...

CBK governor Patrick Njoroge , Central Bank of Kenya , New currency
‘The print button on my desk is disabled,’ CBK Governor Njoroge says over demonetization
By Kepha Muiruri, 1316, July 27, 2019 (EAT)
The Central Bank of Kenya (CBK) now says that the ongoing circulation of new currency notes will have minimal impact on both inflation and the macroec...

Central Bank of Kenya (CBK) , demonetization , new notes , patrick njoroge
CBK leaves benchmark rate at 9 percent as economy holds steady
By Kepha Muiruri, 1828, July 24, 2019 (EAT)
The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR) , Inflation , kenyan shilling
CBK confirms shortage of new Ksh.1,000 notes
By Kepha Muiruri, 1758, July 22, 2019 (EAT)
The Central Bank of Kenya (CBK) has broken its silence on the reported shortage of the new currency notes that has slowed down the Ksh.1,000 demonetiz...

CBK , demonetization , patrick njoroge
Kenyan banks at pains to offer new currency as shortfall hits
By Kepha Muiruri, 1152, July 20, 2019 (EAT)
Kenyan banks have re-configured their teller machines to churn out old-series notes. A senior banking official told Citizen Digital that lenders ba...

CBK , demonetization , New currency
New currency: Three people busted with Ksh.100K fake notes in Embu
By Anthony Ndwiga, 1902, July 12, 2019 (EAT)
Police in Embu North have arrested three suspects who were found with fake Ksh. 100,000 notes. Embu North Sub County Commander Godfrey Kere said th...

Central Bank of Kenya (CBK) , new currency kenya