The Central Bank of Kenya (CBK) slashed the key lending rate by the largest margin since the onset of the Covid-19 pandemic but banks are tightening their lending standards amid concerns over availability of credit. On Tuesday the CBK cut the benchmark interest rate by 75 basis points from 12.75 percent to 12 percent, after…...
Trending
- Burkina Faso raises 40 billion CFA francs from UMOA financial market investors
- Tony Elumelu: African Entrepreneurs Need Capital, Not Charity
- Shelter Afrique raises 60 billion CFA francs on the WAEMU market to finance affordable housing
- Lighthouse Capital aims to raise $50 million for mid-sized African businesses
- FAGACE: Bloomfield confirms financial strength with long-term A+ rating
- UMOA Securities Market: Ivory Coast signs the first 20-year issuance in history
- Banks: 8.5% Increase in Saham Bank’s Consolidated Net Banking Income in the first half of 2026
- Banks: 8.5% increase in Saham Bank’s consolidated net banking income in the first half of 2026
Kenya’s Central Bank cuts rate by biggest margin since the Covid-19 pandemic
A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi. © DR
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com