Tag: Central Bank of Kenya
The Monetary Policy Committee (MPC) has decided to lower the Central Bank Rate (CBR) by 25 basis points to 9.25 percent from 9.50 percent, during its meeting held on October 7, 2025. During its deliberations, the Committee noted that the global growth has remained resilient in 2025. This has been supported by front-loading of exports […]
Treasury Cabinet Secretary (CS) John Mbadi has revealed that Kenya’s public debt has reached Ksh 11.81 trillion, equivalent to 67.8 percent of the country’s Gross Domestic Product (GDP) as of June 2025. Addressing financial journalists in Nairobi on Monday, the CS said the debt, though assessed as sustainable, remains under a heightened risk of distress […]
The Central Bank of Kenya (CBK) has announced the establishment of the Banking Sector Cybersecurity Operations Centre (BS-SOC). The BS-SOC is a key component in the implementation of the Computer Misuse and Cybercrime (Critical Information Infrastructure and Cybercrime Management) Regulations, 2024, and a strategic initiative under the Central Bank of Kenya (CBK) Strategic Plan 2024-2027. […]
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