Tag: Central Bank of Kenya
New Sh50b infrastructure bond raises eyebrows
Analysts take issue over short tenor period amid questions as to whether the government was motivated by anticipated high demand for the lucrative bond or there is a target investor in mind
CBK transfers Sh800 million to Government Consolidated Fund
The decision has been reached by CBK's board after careful weighing of the authority's monetary needs
Report: Kenyan Shilling has outperformed other East African currencies this year
Lender attributes strength of the Kenyan Shilling to "hawk eyed" regulation by CBK
Government turns to Sh40 billion bond to plug budget deficit
Move geared towards plugging budget deficit occasioned by shortfall in revenue collection.
Transact looted public funds at your own peril, CBK Governor warns banks
CBK Governor Dr. Patrick Njoroge says that he will not hesitate to sanction banks that will transact looted funds again.
Key monetary policy team set to meet as inflation spike looms
Cytton, however, says it expects it to rise in the second half of this year but a lower rate than earlier anticipated due to the halving of the VAT charge on fuel to 8.0% from the earlier 16.0%