Tag: Dr Patrick Njoroge

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Problem With Kenyans Is Not Money, But How To Manage It

KBA says Knowledge on how to handle their finances in an effective way of building a resilient and prosperous nation.

CBK Takes Baby Steps Towards Launch Of a Digital Currency

The Central Bank of Kenya Governor, Dr Patrick Njoroge, says CBDCs can slash the time needed for cross border payments in addition to cutting costs significantly.

Central Bank Rate Retained At 7% To Keep Stimulating The Economy

The decision to keep the benchmark Central Bank Rate interest rate at 7% after the Monetary Policy Committee (MPC) on 28th July was largely based on the fact that leading indicators for Kenya’s economy point to a relatively strong GDP recovery in the first half of 2021, mainly supported by strong performance of construction, information and communication, education and real estate.

CBK Retains Benchmark Rate At 7%, Signaling Economic Recovery

Central Bank Rate: The Central Bank of Kenya has retained its benchmark rate at 7%, signaling confidence in the prevailing monetary policy as the...

CBK Governor on Harnessing the Promise of Digital Finance

Harnessing digitalization to develop a citizen-centric financial system to accelerate financing for the SDGs requires the development of digital financing ecosystems

CBK Quest for Lower Interest Rates Signals Tough Times Ahead

With the economy slowing further, choked by the Covid-19 pandemic, it will take more than lowering the signal rate to excite credit markets.

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