Tag: CBK
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Nedbank Gets CBK Approval to Acquire Up to 66pc Stake in NCBA Group
NAIROBI, Kenya - The Central Bank of Kenya (CBK) has approved Nedbank Group Limited’s acquisition of up to 66 per cent of the issued...
Kenyan Shilling Holds Firm as Forex Reserves Drop by $221 Million
NAIROBI, Kenya - Kenya’s foreign exchange reserves fell by $221 million in the week ending August 27, 2026, but the Kenyan Shilling remained largely...
AI in Kenya: Businesses Under Pressure to Show Measurable Returns
NAIROBI, Kenya - Artificial intelligence is moving deeper into Kenyan businesses, but the next phase of adoption will be defined less by how many...
CBK Warns Inflation Could Hit 8pc if Oil Prices Average $110 a Barrel
NAIROBI, Kenya — Kenya's inflation rate could rise to about 8 per cent if global crude oil prices average $110 per barrel amid a...
Dollar Check: Kenya Shilling Holds Steady at 129.40 as Forex Reserves Remain Strong
NAIROBI, Kenya — The Kenya shilling remained broadly stable against the US dollar on August 10, trading at 129.40, as strong foreign exchange reserves,...