Tag: Central Bank of Kenya
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Kenya starts regulating digital credit operators, requiring them to register for service
Kenya on Monday effected new regulations on digital lending in a bid to control the fast-growing sector, whose operators have been accused of exploiting...
Kenya’s mobile money usage falls in January
After hitting a peak of 605.7 billion shillings (about 5.5 billion U.S. dollars) in December 2020, Kenya's monthly mobile money use declined in January...
African central banks join global forces to buffer COVID-19 impact
by Xinhua Writer Ding Lei
The Central Bank of Kenya (CBK) on Wednesday advised commercial banks to provide relief to borrowers, and the Central Bank...
Kenyan investors’ lobby praises government launch of new banknotes
The Kenyan Private Sector Alliance (KEPSA) on Monday hailed the introduction of new banknotes and withdrawal of the old 1,000-shilling note, saying the move...
Kenya’s forex reserves hit US$10.1 billion on Eurobond proceeds
Kenya's foreign exchange reserves surged 26 percent last week as the country received proceeds from the 2.1 billion U.S. dollars Eurobond sales, the apex...
