- 285 views
Great news for borrowers as the Central Bank of Kenya cuts the base lending rate to 10% from 10.75%, marking the fifth consecutive reduction. But there’s a catch – the banking sector’s non-performing loans have spiked to 17.2%. What does this mean for Kenya’s economy?
Relief for borrowers: CBK slashes rates for fifth time in a row!
- 17 Apr 2025 - The victims, who were transporting a cow in a Probox vehicle, were attacked while attempting to replace a burst tire.
- 17 Apr 2025 - Migori Senator Eddy Oketch holds that the National Government Constituency Development Fund (NG-CDF) is a poor financing structure due to the frail oversight of its utilization.
- 17 Apr 2025 - The duo becomes the latest additions to President William Ruto’s Cabinet following recent reshuffles.
- 17 Apr 2025 - There was tension on Friday, during the burial of the late Janet Teyiaa, a former Kajiado women representative, as political differences emerged between Ruto Gachagua allies.
- 17 Apr 2025 - The moves comes days after the government amended a law.
- 17 Apr 2025 - Kiharu MP lectures govt on budget making, debt crisis
- 17 Apr 2025 - “I have just referred back to Parliament the Conflict-of-Interest Bill. We get a piece of law that helps us manage and eliminate, eventually, matters of corruption," he said.
- 17 Apr 2025 - President William Ruto has dismissed criticism of his administration, saying he will continue to make tough decisions—and is prepared to pay the price.
- 17 Apr 2025 - Kitui county to get Sh800M stadium ahead of Mashujaa Day
- 17 Apr 2025 - The two individuals used an unorthodox tactic to rob unsuspecting victims.