Section 55 of the Banking Act requires the Central Bank of Kenya (CBK) to prescribe in Regulations, penalties for the violation of the Banking Act, Regulations thereunder, the Prudential Guidelines or CBK’s directions. In this regard, CBK has developed the draft...
The Central Bank of Kenya (CBK) undertakes a Market Perceptions Survey, prior to every Monetary Policy Committee (MPC) meeting, to obtain perceptions of banks and non-bank private sector firms on selected economic indicators including inflation, economic growth,...
The Central Bank of Kenya (CBK) has released the report of the January 2024 CEOs Survey. The Survey is conducted every two months, prior to the Monetary Policy Committee (MPC) meeting. The objective of the Survey is to capture information on top firms’ perceptions,...
The agriculture sector continues to play a critical role in Kenya’s economy accounting for about 20 percent of Gross Domestic Product (GDP). The sector also employs over 40 percent of the total population and more than 70 percent of the rural populace. Given the...
The Monetary Policy Committee met on Tuesday, February 6, 2024. Governor and MPC Chairman Dr. Kamau Thugge hosted a press briefing on Wednesday, February...
