Kenya Minute.
Tuesday, 29 September 2026
Kenya’s news, on the hour · Est. 2026
Tuesday, 29 September 2026
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Kenyan press · Organization

Central Bank of Kenya

Also known as: CBK

Central Bank of Kenya — Kenya's banking regulator and monetary policy authority, overseeing financial institutions and economic monitoring.

2026-04-292026-09-29

In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. The Standard

    … Central Bank of Kenya (CBK) governor Kamau Thugge said on Tuesday the Safaricom transaction proceeds, totaling Sh244.5 billion, are expected to hit the state's accounts soon, providing a significant boost to Kenya's external buffers."We've seen the money from the Safaricom transa …

    Safaricom, KPC receipts to push Kenya's forex reserves to 7-month high - CBK
  3. The Standard

    … Can you imagine the governor of the Central Bank of Kenya or the CEO of any Kenyan parastatal commuting to work on a motorbike? …

    Lesson for Kenya from Norway's sovereign wealth fund
  4. The Standard

    … Inflation, meanwhile, has kept within the Central Bank of Kenya’s target range of 5 per cent, plus or minus 2.5 percentage points. …

    After avoiding loan default, Kenya must deliver growth
  5. Citizen Digital

    CBK approves 25 more digital lenders By Roy Ouma July 14, 2026 01:31 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter File image of the Central Bank of Kenya (CBK) buildings in Nairobi. …

    CBK approves 25 more digital lenders
  6. Capital News

    … Benedict Oramah, Kenya Commercial Bank Group Chief Executive Officer Paul Russo, senior banking executive Richard James, Kenya Pipeline Company Board Chairperson Faith Boinett, Attorney General Dorcas Oduor, Central Bank of Kenya Governor Kamau Thugge and the chairperson of the s …

    CS Mbadi Defends National Infrastructure Fund Appointments, Says Selection Was Merit-Based
  7. The Standard

    … According to data from the Central Bank of Kenya (CBK), small and medium enterprises (SMEs) constitute the vast majority of all businesses in the country, contributing to about 24 per cent of GDP and accounting for approximately 14 million jobs, nearly 30 per cent of total employ …

    Regional lender banks on communities in new entrepreneurship drive
  8. The Standard

    President William Ruto has signed into law legislation granting the Central Bank of Kenya (CBK) explicit legal authority to buy, sell, and hold gold and other precious metals, positioning the country as a regional gold hub. …

    Ruto clears the way for CBK to buy gold locally, flags surge in demand
  9. The Standard

    … The learners demonstrated confidence, creativity, teamwork and excellent stage presence, making every performance both educational and enjoyable," she said.The school participated in numerous sponsored classes, including those by Equity Bank, the Central Bank of Kenya, KICD, Keny …

    Learners use Music festival to champion conservation, peace
  10. The Standard

    Audio By VocalizePresident William Ruto on Monday signed into law the Central Bank of Kenya (Amendment) Bill, 2026, reforms aimed at strengthening the Central Bank of Kenya's ability to safeguard financial stability, improve banking oversight and modernise the country's monetary …

    Ruto signs CBK Reform Law, Parliamentary Pension Bill
  11. Citizen Digital

    … Kimuyu added that the government was also working with the Central Bank of Kenya to develop regulations governing virtual assets as part of efforts to create a safer digital ecosystem. …

    Gov't seeks tougher cyber laws to combat AI-enabled threats
Business

Mobile money transactions drop 30% as banks gain ground

The News

Mobile money transaction volumes fell 30 per cent in 2025, with the average monthly transactions declining to 217.6 million from 309.3 million in 2024, according to the Central Bank of Kenya, as Kenyans shift to alternative payment channels.

15 hours ago · The Standard →

Today

  1. Mobile money transactions drop 30% as banks gain ground

    Mobile money transaction volumes fell 30 per cent in 2025, with the average monthly transactions declining to 217.6 million from 309.3 million in 2024, according to the Central Bank of Kenya, as Kenyans shift to alternative payment channels.

    15 hours ago · The Standard →

Wednesday 23 September

  1. Equity Group's regional workforce exceeds 5,200 staff

    Equity Group has built the largest cross-border workforce of any Kenyan lender, employing 5,245 staff in regional subsidiaries, according to the Central Bank of Kenya's 2025 annual report. The expansion reflects the bank's Pan-African strategy, particularly in the Democratic Republic of Congo, where it employs 2,199 staff.

    23 September 2026 · Citizen Digital →

Thursday 17 September

  1. EBRD launches $100m trade finance facility via Co-op Bank

    The European Bank for Reconstruction and Development (EBRD) has unveiled a $100 million funding programme to provide Kenyan traders and manufacturers with longer-term dollar loans at more predictable costs, executed through Co-operative Bank of Kenya, which has drawn the first $50 million tranche. The transaction is the first dollar-denominated deal arranged by the EBRD for a Kenyan tier-one lender and the first in the country to use Kenya's new benchmark reference rate, KESONIA.

    17 September 2026 · The Standard →

Wednesday 16 September

  1. Financial institutions reluctant to fund Kenya's blue economy sector

    Kenya's banks hesitate to invest in the blue economy despite its potential, citing concerns over market volatility and unclear regulation. A senior government official has called on financial institutions to support maritime and shipping investments, noting the sector's capacity to create jobs and drive economic growth.

    16 September 2026 · The Standard →

Tuesday 15 September

  1. Kenyan politicians visit US ahead of 2027 election

    As the 2027 general election approaches, Kenyan political leaders are traveling to the United States seeking legitimacy, lobbying opportunities, and financial support for their campaigns.

    15 September 2026 · Citizen Digital →

  2. Michael Mutiga appointed CEO of Stanbic Bank Kenya

    Stanbic Bank Kenya has appointed Michael Mutiga as its new Chief Executive Officer, following Central Bank approval. Mutiga, a lawyer and banker with previous roles at Safaricom, Citibank, and Absa, takes over from Abraham Ongenge and will lead the bank's next growth phase.

    15 September 2026 · Citizen Digital →

  3. CBK proposes ban on shell banks to combat money laundering

    The Central Bank of Kenya has published draft guidelines proposing to ban shell banks, closing a regulatory loophole that officials say has enabled paper-only entities to facilitate money laundering and terrorism financing in the country.

    15 September 2026 · The Standard →

  4. Stanbic Bank Kenya appoints Michael Mutiga as CEO

    Stanbic Bank Kenya has appointed Michael Mutiga as chief executive following regulatory approval from the Central Bank of Kenya. Mutiga brings investment banking expertise and telecommunications sector leadership experience to the role as the bank reports a Sh6.6 billion profit after tax for the first half of 2026.

    15 September 2026 · The Standard →

Thursday 10 September

  1. Kenya's mortgage market faces affordability crisis, not supply shortage

    Kenya's housing challenge stems primarily from affordability constraints rather than lack of supply, with high interest rates (14.9% average), short repayment tenors (about 11 years), and limited long-term funding excluding most Kenyans from formal home ownership. With only 30,000 active mortgages and a loan book of Sh279.3 billion, systemic issues including high land costs, costly titling processes, and regulatory frictions compound the problem.

    10 September 2026 · The Standard →

Tuesday 8 September

  1. Ex-Sports PS Kaberia, 12 others charged over CHAN funds

    Former Sports Principal Secretary Peter Kirimi Kaberia and 12 other accused persons have been charged with misappropriation of Sh330.6 million allocated for hosting the 2018 African Nations Championship (CHAN). Those charged include three former senior ministry officials, four businessmen, and five companies; they pleaded not guilty to 17 corruption charges including conspiracy, abuse of office, and financial misconduct.

    8 September 2026 · The Standard →

Friday 4 September

  1. Kenya's public workforce reaches 1.07 million employees

    Kenya's public sector employment grew 4.6% in 2025 to 1.07 million workers, with the wage bill rising to an estimated Sh1.287 trillion in the 2025/2026 financial year. The Teachers Service Commission remains the largest public employer with 436,300 employees, followed by ministries with 243,500 and county governments with 239,000.

    4 September 2026 · Capital News →

Monday 31 August

  1. CBK approves Nedbank's majority stake in NCBA Group

    The Central Bank of Kenya has approved South African financial services provider Nedbank Group Limited's acquisition of 66 per cent of NCBA Group PLC, which the CBK approved on August 28, 2026 under the Banking Act. The transaction will take effect upon completion according to the agreement between the two parties.

    31 August 2026 · Citizen Digital →

Sunday 30 August

  1. Kenyan banks boost profits via regional expansion abroad

    Kenyan banks are posting record half-year profits, with growth increasingly driven by their regional units beyond Kenya's borders as a slowing domestic economy and rising living costs squeeze households and businesses at home.

    30 August 2026 · The Standard →

Thursday 27 August

  1. Kenya's business leaders anxious about 2027 election impact

    Kenya's top business leaders are growing increasingly anxious about the 2027 general election, with a Central Bank of Kenya survey indicating major concerns over political instability as a dark cloud over an otherwise cautiously optimistic economic outlook.

    27 August 2026 · The Standard →

Friday 21 August

  1. CBK to inspect bank credit pricing models from March 2027

    Kenya's banks are expected to disburse over Ksh.400 billion to SMEs by end of 2026, as the cost of credit eases following the Central Bank's monetary policy easing cycle. The CBK has signaled it will conduct on-site inspections of banks' credit pricing models starting March 2027.

    21 August 2026 · Citizen Digital →

Thursday 20 August

  1. Ministry proposes separating tourism levy collection from funds management

    The Ministry of Tourism and Wildlife has proposed that the Tourism Fund retain responsibility for collecting levies from hotels and restaurants while the Cabinet Secretary oversees management of the funds, in order to improve efficiency and transparency. The 2% revenue levy currently supports government-owned tourism institutions including the Kenya Tourism Board and Kenya Utalii College.

    20 August 2026 · Capital News →

  2. Ministry proposes separating tourism levy collection from fund management

    The Ministry of Tourism and Wildlife has recommended that the Tourism Fund continue collecting levies while the Cabinet Secretary assumes oversight of fund management and disbursement, to enhance efficiency, transparency and accountability. The two per cent levy is currently collected from regulated hotels and restaurants and disbursed to government-owned tourism institutions.

    20 August 2026 · Citizen Digital →

Tuesday 18 August

  1. Kenya's public debt crosses Sh13 trillion as servicing demands rise

    Kenya's public debt has reached Sh13.011 trillion as of end-June 2026, up from Sh8.7 trillion in September 2022, an increase of Sh4.3 trillion in four years. Debt servicing now consumes nearly three-quarters of government revenue.

    18 August 2026 · The Standard →

  2. Kenya's public debt crosses Sh13 trillion mark

    Kenya's public and publicly guaranteed debt reached Sh13.011 trillion at the end of June 2026, up from Sh8.7 trillion in September 2022, with debt servicing consuming nearly three-quarters of revenue.

    18 August 2026 · The Standard →

Friday 14 August

  1. Kenya's arts sector emerging as significant economic driver

    An opinion piece argues that Kenya's creative economy is becoming a core engine of economic growth, with the arts sector strengthened by global shifts toward valuing human creativity and digital skills in the AI age. The author cites the 98th National Kenya Music Festival and notes that Kenya is demonstrating educational synergy between arts and technology, while developed nations still adjust their policies.

    14 August 2026 · Citizen Digital →

Thursday 13 August

  1. CBK assures Kenya has adequate forex reserves amid shocks

    Kenya's usable foreign exchange reserves provide about 6.2 months of import cover, well above the four-month minimum recommended level, according to CBK Governor Kamau Thugge. The assurance comes as El Niño-related disruptions to domestic production and the Middle East conflict threaten to increase import demands.

    13 August 2026 · Citizen Digital →

Wednesday 12 August

  1. CBK maintains benchmark lending rate at 8.75%

    The Central Bank of Kenya has retained the benchmark lending rate at 8.75 per cent for the third consecutive time since February, citing a positive outlook on the country's economic growth.

    12 August 2026 · The Standard →

  2. Court bars KCB from touching Sh145 billion in dispute

    Kenya Commercial Bank has been barred from interfering with Sh145 billion at the centre of a dispute with Fox-Capital Investment Ltd, which sued the lender for withholding funds wired by a Swiss company for six months without explanation. Commercial Court in Nairobi issued the restraining order pending the hearing of the application.

    12 August 2026 · The Standard →

  3. Universities compete at Kenya National Music Festival

    Kenya's universities are competing at the 98th Kenya National Music Festival in Bungoma County, held from August 7 to 14, showcasing musical excellence, cultural heritage and artistic creativity under the theme "Enhancing the Creative Economy through Knowledge, Skills and Artistic Production for Sustainable Development." Institutions including Kabarak University and Mount Kenya University are performing various musical pieces and competing for the national crown.

    12 August 2026 · The Standard →

Thursday 6 August

  1. National Music Festival enters fifth day in Bungoma County

    The National Music Festival in Bungoma County has showcased talent from both established and little-known schools. Standout performers include Utwiini Primary School from Makueni County, which finished second in its category, along with winners in various competitions including Nzoia Sugar School in Choral Music for Junior Schools and Highlands Junior School in the Swahili Choral Verse category for Junior Schools.

    6 August 2026 · The Standard →

  2. Court dismisses Sh3.5 billion claim against CBK in Goldenberg case

    The Court of Appeal has dismissed a long-running dispute involving the Central Bank of Kenya and a company linked to Goldenberg suspected mastermind Kamlesh Pattni, saving taxpayers from a potential payout of more than Sh3.5 billion. The case arose from the sale of the Grand Regency Hotel, which was auctioned to help recover money lost in the 1990s scandal.

    6 August 2026 · The Standard →

  3. Kingdom Bank partners with AWEP Kenya on women-led business support

    Kingdom Bank and the African Women's Entrepreneurship Programme Kenya have launched a partnership to connect women-led SMEs with tailored financial products, business development support and market access through the bank's Faidi Dada women's banking solution. The move addresses data showing women-owned businesses receive only Sh354 for every Sh1,000 extended to male-owned firms.

    6 August 2026 · The Standard →

Wednesday 5 August

  1. eSIM providers target Kenyan diaspora workers abroad

    eSIM providers are exploring Kenya's diaspora market, particularly targeting workers abroad who struggle with expensive roaming charges and connectivity issues. The article notes that slow adoption is hindered by the need for high-end smartphones to support eSIM technology, which many diaspora workers do not possess.

    5 August 2026 · The Standard →

Tuesday 4 August

  1. Government pushes commercialisation of student creative talents for economic growth

    Kenya's government announced plans to commercialise student talents to tap into the global creative economy, aligning educational programmes with national economic priorities. The Basic Education Principal Secretary stated the state aims to turn co-curricular activities into viable economic pathways as part of the Bottom-Up Economic Transformation Agenda.

    4 August 2026 · Citizen Digital →

Monday 3 August

  1. Kenyan Web3 startups raise $14 million in 2025

    Kenyan-founded Web3 startups raised $14 million in disclosed funding in 2025, marking the sector's second-highest annual investment total on record, according to a report by venture capital firm Hashed Emergent. Finance-focused ventures accounted for $10 million of the capital raised this year, driven by demand for stablecoin-powered payments, crypto on- and off-ramps, and digital banking solutions.

    3 August 2026 · Citizen Digital →

Central Bank of Kenya — Kenyan press coverage · Kenya Minute