Patrick Njoroge
Central Bank Retains Benchmark Rate at 9%
Committee says it will continue to closely monitor developments in the global and domestic economy, including any perverse response to its previous decisions,...
BT Reporter3 Mins read
Kenyans Transfer Sh25bn From Mattresses to Banks as Deadline Nears for Old Notes
With just one month before the old Ksh 1,000 become valueless, the Central Bank of Kenya says Ksh 25 billion were returned to...
BT Reporter2 Mins read
CBK Governor Allays Fears of Economic Disruption From New Generation Currency
The inflation rate stood at 5.7% in June and there have been fears that the switch from old to the new generation currency...
BT Reporter1 Mins read
Banks, Safaricom commit money to Afro-Asia Fintech Festival 2019
Banks and other fintech companies have committed funds to the Afro-Asia Fintech Festival 2019, a first of its kind in the region which will...
BT Correspondent2 Mins read
How to tell genuine new banknotes from fake ones
It is 12 days since Central Bank of Kenya (CBK) Governor Patrick Njoroge unveiled new generation bank notes, in a move he said...
BT Reporter1 Mins read
Dar, Kampala move to curb dumping of Sh1,000 notes
The Bank of Tanzania has suspended the Kenya Currency Collection Account in the wake of the introduction of new banknotes by the Central...
BT Reporter1 Mins read
CBK: Only very few Kenyans hold more than Sh5m
Commercial banks, deposit taking microfinance institutions and foreign exchange bureaus are obligated by law to report any suspicious transactions
BT Reporter2 Mins read
EX-journalist wins Sh1 million from Stanbic for wrongful CRB listing
The High Court in Nairobi has awarded former journalist Mwenda Njoka and his wife Ksh 1 million as damages in a suit in...
BT Correspondent2 Mins read
MPC retains signal rate at 9%
The Monetary Policy Committee (MPC) on Monday voted to retain the Central Bank Rate (CBR) at 9.00, saying inflation expectations remained well anchored...
BT Reporter2 Mins read
