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Business/News

Kenyan Shilling Surges Against Major Currencies

March 28, 2024April 3, 2024

The Kenyan shilling has surged against major currencies, with the US dollar trading at Sh131.80 on Wednesday, March 27, 2024. Commercial banks have reported significant gains, quoting the shilling at Sh166.54 against…

Africa/News

Economic Integration: Kenya Joins the Pan African Payment System

September 29, 2023October 4, 2023

Kenyan traders can now trade with their peers from African member states using the shilling after the Central Bank of Kenya on Friday signed the instruments that have finally seen Kenya join…

Business/News

Expensive Credit to low-income earners as CBK hikes Lending rate

September 30, 2022September 30, 2022

Kenyans seeking loans from lending institutions will have to wait longer for affordable credit after the Central Bank of Kenya (CBK) yesterday increased its benchmark lending rate by 75 basis points to…

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