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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%

MPC reduces Central Bank Rate to 9%

n a statement issued after the MPC met on Monday, Central Bank of Kenya (CBK) Governor Patrick Njoroge said the committee noted that inflation expectations were well anchored within the target range

Rising global oil prices to increase inflation

CBK Governor Patrick Njoroge, however, noted that the domestic foreign exchange market which remains stable is supported by a narrowing in the current account deficit to 6.1% of GDP in the 12 months to March 2018 from 6.7% in 2017

No more headroom to borrow, CBK warns Treasury

The country’s debt now stands at Ksh 4.6 trillion as of November 2017 with the International Monetary Fund sounding alarm bells on Kenya’s borrowing amidst growing revenue deficit

CBK pledges action on banks linked to NYS scam

Governor Patrick Njoroge says investigations are anchored on a number of legislative guidelines including laws on money laundering, combating of financing of terrorism laws, and proceeds of crime and the Banking Act

Kenyans with loans a worried lot over rate cap removal plan

Analysts noted that with the push from President Uhuru Kenyatta, the International Monetary Fund and backing from the Central Bank of Kenya, it is a matter of time before the law is scrapped