The Central Bank of Kenya (CBK) has announced the commencement of the Virtual Assets Service Providers Act, 2025. In a notice, CBK said the Virtual Assets Service Providers Act, 2025 (Act No. 20 of 2025), which was gazetted on October 21, 2025, became effective on November 4, 2025. The Act provides the legislative framework for
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
Popular Posts
