The Central Bank of Kenya (CBK) has revealed why global oil prices decreased in the last week of October. In its weekly bulletin, CBK said the prices of global oil prices decreased from $66.85 (Ksh8637.02) on October 23, to $65.51 (Ksh8463.89) per barrel on October 30. CBK explained that the drop was due to oil […]
The Central Bank of Kenya (CBK) has released the Commercial Banks’ Average Interest Rates Report for September 2025, providing a detailed breakdown of lending and deposit rates across the country’s major financial institutions. The report offers crucial insights for borrowers and savers, showcasing how different banks are pricing credit in the face of economic shifts […]
The Kenya National Bureau of Statistics (KNBS) has released “The Kenya Consumer Price Index and Inflation Report” for October 2025. In the reports, KNBS said prices of several food items recorded mixed movements between September and October 2025. The prices of maize flour (sifted) and fortified maize flour decreased by 2.3 per cent and 2.2 […]