Business & Economy

CBK News

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

71 published stories

Latest Coverage

News

Machakos Court Reinstates Finance CEC Catherine Mutanu Amid Political Strife

A court in Machakos has ordered the reinstatement of Finance and Economic Planning CEC Catherine Mutanu, following her sacking by Governor Wavinya Ndeti. This高s

Economy

The Cost of Survival: Fast Food Becomes a Lifeline for Nairobi’s Office Crowd

With rising living costs in Nairobi, many office workers are turning to inexpensive fast foods such as smokies, boiled eggs, and chapatis for lunch, …

Economy

Lamu Port to Benefit from Dangote’s $700 Million Refinery Project

Discover how Dangote’s $700 million refinery in Lamu is set to boost port activity, strengthen the LAPSSET Corridor, and impact regional trade dynamics.

Business

Shareholders of Savannah Heights Seek to Block Judgment in Ndeta Case

Shareholders of Savannah Heights are challenging the court's pending judgment in the controversial Ndeta case, highlighting governance and legal concerns amidst

Business

Kenya's Tea Exporters Protest 0.8% Levy, Citing Threat to Global Competitiveness

Kenya's tea exporters are protesting the new 0.8% export levy, arguing it undermines their competitiveness and impacts farmers' earnings, amid industry concerns

Business

Heineken Secures Sh250M Bank Guarantee Amid Legal Dispute with Kiuna

Heineken has obtained a Sh250 million bank guarantee as it navigates a legal dispute with Kiuna, intensifying the conflict. Read more on the latest …

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.

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