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.
The Central Bank of Kenya (CBK) has published commercial bank’s average interest rates for July 2025. CBK announced on Tuesday, September 9, that the average lending interest rate was 15.24 while the average deposit rate was 8.07. According to the latest review, Citibank N.A Bank stands out as the financial institution with the cheapest interest
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