Business & Economy

CBK News

Follow Central Bank of Kenya updates, banking news, exchange rates, the Kenya shilling, monetary policy, and financial sector regulation.

278 published stories

Latest Coverage

Economy

Kenya Pipeline Company to Handle Rwanda's Fuel Imports After New Bilateral Deal

Kenya Pipeline Company will now oversee Rwanda's fuel imports, boosting volumes from 42,000 to over 500,000 cubic meters annually following a new bilateral deal

Business

Vodacom Increases Safaricom Stake to 55% in $2.1 Billion Deal

Vodacom has finalized a $2.1 billion deal to acquire a 55% stake in Safaricom, solidifying its control and impacting the Kenyan telecom landscape.

News

EACC Lists High-Profile Corruption Cases Scheduled for Hearing This Week

EACC lists major corruption cases set for court hearings this week, involving politicians, officials, and business figures. Stay updated on the fight against em

Stories

How the Eastern Region Music Festivals Are Transforming Wote Town's Local Economy

Explore how the Eastern Region Music Festivals are revitalizing Wote Town's economy by attracting visitors and supporting local businesses, and their role in Mâ

Economy

Jabali Towers to Transform Tatu City with Residential, Commercial, and Hospitality Spaces—CRBC to Lead Construction

Discover how Jabali Towers in Tatu City will feature residential, commercial, and hospitality spaces, with CRBC spearheading the construction of this 88,000 sqm

Business

NSSF Unveils Ambitious Smart City Project Near JKIA to Revamp Kenya’s Urban Landscape

Discover details about the NSSF Smart City near JKIA, a transformative urban development project in Kenya.

International

Guo Wengui Sentenced to 30 Years in U.S. Prison Over Billion-Dollar Fraud Scheme

Chinese businessman Guo Wengui sentenced to 30 years in U.S. prison for billion-dollar fraud scheme.

Business

Absa Bank Kenya CEO Abdi Mohamed Resigns, Yusuf Omari to Lead as Interim CEO

Absa Bank Kenya's CEO Abdi Mohamed resigns; Yusuf Omari steps in as interim CEO from July 1, 2026, as leadership transition begins.

Economy

State Unveils New Plans to Boost Rice Production Amid Shortage Fears

Government unveils new plans to enhance rice production and ensure food security amid shortage concerns.

Economy

Kenya Secures KSH 7.8 Billion Funding from Germany for 2026-2028 Development Projects

Kenya has received KSH 7.8 billion from Germany to fund development projects from 2026 to 2028, boosting infrastructural and social initiatives across the East