Tuko News on MSN2h
Kenya Terminates Loan Programme with IMF: What You Should Know, Impact to Economy
Kenya was scheduled to receive a total of KSh 110.04 billion from the International Monetary Fund (IMF) programme which was ...
The Standard1d
Kenya pulls plug on Sh301b IMF deal amid hunt for new bailout
The Kenya Kwanza administration has abruptly terminated its existing Sh301 billion IMF programme, a move that offers ...
Tuko News on MSN2d
Kenya Cancels 9th Review, Requests New Loan Programme from IMF
Kenya has agreed with the IMF to cancel the 9th review under the current EFF and ECF programmes, with plans to engage in ...
Business Daily Africa14d
CBK in talks with banks to overhaul loan pricing models
Commercial banks are in talks with the Central Bank of Kenya (CBK) for an overhaul of their loan pricing models and come up ...
The Standard8d
How Trump's tariff wars might hurt Kenyan shilling and trade
A negative change in diaspora remittances could hurt the shilling whose stability to a bigger extent depends on how much Kenyans send back home.
The East African on MSN9d
Central bank governors change as EAC chases elusive single currency regime
In June 2023, Kenya’s President William Ruto appointed former Treasury Principal Secretary Kamau Thugge as the new Central ...
Sharp Daily6h
Kenya’s import cover hits 5.1 months as forex reserves surge
Kenya’s import cover has reached 5.1 months, its highest level in nearly six years, following a sharp rise in foreign ...
Zawya23d
Kenya: Banks enjoy 12% rise in profits despite decline in lending
According to CBK Governor Kamau Thugge, March was the best-performing month for the banks, with pre-tax prof- its reaching $184m. In contrast, August involved the lowest earnings of $119m, making it ...
The Kenya Times on MSN6d
Kenyan Shilling to Weaken as Foreign Banks Demand Hard Currency
The Kenyan shilling is expected to weaken against major global currencies due to demand for hard currency from foreign-owned ...