Search

Banking

CBK’s Silent Crisis: Aging Workforce Poses Risk to Financial Stability

2 min Read Time

Behind the Central Bank of Kenya’s (CBK) steady hand on monetary policy lies a ticking time bomb: a rapidly aging workforce that threatens to derail institutional continuity, weaken reform momentum, and expose Kenya’s financial system to operational vulnerabilities. Sources within the banking regulator reveal that a significant number of CBK’s technical staff—especially in policy, supervision, research, and ICT—are nearing retirement, with some already working on extended contracts. The ta.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Kenya Airways in surprise Sh5.4 bn after tax profits, in 11 years history
Banking

Kenya Airways in surprise Sh5.4 bn after tax profits, in 11 years history

Kenya Airways, the pride of Africa, has been a significant player in the aviation industry. Over the past 11 years, the airline has experienced various...

Read article
NSSF Eyes Sh25 Billion Stake in Rironi – Mau Summit Road in PPP Project
Banking

NSSF Eyes Sh25 Billion Stake in Rironi – Mau Summit Road in PPP Project

The National Social Security Fund (NSSF) is poised to invest Ksh25 billion into the Rironi–Mau Summit highway project, partnering with China Road and Bridge Corporation...

Read article
EU Slaps TikTok with $600 Million Fine Over Data Privacy Breaches and China Link
Banking

EU Slaps TikTok with $600 Million Fine Over Data Privacy Breaches and China Link

BRUSSELS, May 5, 2025 — In a landmark enforcement move, the European Union has fined TikTok a staggering $600 million for violating the bloc’s stringent...

Read article
Censorship in the Digital Age: India Orders X to Block 8,000 Accounts
Banking

Censorship in the Digital Age: India Orders X to Block 8,000 Accounts

In a bold show of state control over digital speech, the Indian government has ordered X (formerly Twitter) to block over 8,000 accounts, intensifying the...

Read article
KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB
Banking

KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB

The Kenya National Highways Authority (KeNHA) has officially broken ground on the ambitious 749-kilometre Isiolo–Mandera highway, a transformative infrastructure project expected to cost Sh85 billion....

Read article
Ruto ropped in by Nigerian Investors in Fierce Battle for CBK’s Payment System
Banking

Ruto ropped in by Nigerian Investors in Fierce Battle for CBK’s Payment System

Kenya’s financial sector is heating up as Nigerian investors push to secure a high-stakes contract with the Central Bank of Kenya (CBK), dragging President William...