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CBK Eases Lending: MPC Cuts Base Rate to 9.75% in Surprise Move

CBK Eases Lending: MPC Cuts Base Rate to 9.75% in Surprise Move

In a slight but notable shift in monetary policy, the Central Bank of Kenya (CBK)...

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World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt and Credit Woes

World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt and Credit Woes

The World Bank has revised Kenya’s 2025 economic growth forecast downward to 4.5%, from a...

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CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push

CBK Licenses 41 More Digital Lenders, Total Now at 126 Amid Regulatory Push

The Central Bank of Kenya (CBK) has approved 41 additional Digital Credit Providers (DCPs), increasing...

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Govt to Roll Out Automated Pension System in July to Curb Delays, Enhance Efficiency — CS Mbadi

Govt to Roll Out Automated Pension System in July to Curb Delays, Enhance Efficiency — CS Mbadi

The government will from July 2025 implement a fully automated pension processing system, in a...

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MPs Oppose Fertiliser Tax Shift in Finance Bill 2025, Warn of Food Price Surge

MPs Oppose Fertiliser Tax Shift in Finance Bill 2025, Warn of Food Price Surge

A storm is brewing in Parliament over a controversial clause in the Finance Bill 2025...

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Mauritania’s Sidi Ould Tah Elected President of African Development Bank Amid Funding Challenges

Mauritania’s Sidi Ould Tah Elected President of African Development Bank Amid Funding Challenges

Abidjan, Côte d’Ivoire – May 30, 2025 — Mauritanian economist Sidi Ould Tah has been...

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Equity Group Q1 Profit Dips to Sh14.8 Billion on Declining Non-Interest Income

Equity Group Q1 Profit Dips to Sh14.8 Billion on Declining Non-Interest Income

Equity Group has reported a Sh14.8 billion net profit for the quarter ending March 2025,...

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W orld Bank Proposes Overhaul of Kenya’s Income Tax Structure Amid Economic Challenges

W orld Bank Proposes Overhaul of Kenya’s Income Tax Structure Amid Economic Challenges

The World Bank has proposed significant changes to Kenya’s Pay As You Earn (PAYE) income...

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Kenya’s Domestic Debt Surges to Sh6.2 Trillion, Raising Economic Concerns 

Kenya’s Domestic Debt Surges to Sh6.2 Trillion, Raising Economic Concerns 

Kenya’s domestic debt has surpassed Sh6.2 trillion, a significant increase from Sh4.4 trillion when President...

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Isuzu Drives Kenya’s Auto Market with 50% Share in Q1 2025 

Isuzu Drives Kenya’s Auto Market with 50% Share in Q1 2025 

Isuzu East Africa has solidified its dominance in Kenya’s automotive industry, capturing a commanding 50%...