The Treasury will not invoke the law that allows the government to control the prices of essential goods in reaction to the surge in inflation. Treasury Principal Secretary Julius Muia …
Tag:
CBK
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Banking, Finance & InvestmentBuildingBusinessEconomy
CBK Floats 18-Yr Infrastructure Bond Worth KSh 20B
The Central Bank of Kenya(CBK) has floated an 18-year Infrastructure bond worth KSh 20 billion that has been on sale between 28th June 2022 and 7th July 2022 or upon …
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BusinessEconomyEntrepreneurship
Kenya Shilling Weakens against the August upcoming Polls
by Omolaraby OmolaraThe Kenya Shilling traded at 117.57 per US dollar on June 23th, compared to 117.29 per US dollar on June 16th 2022, a weekly bulletin from the Central Bank of Kenya(CBK) …
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Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%. …
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Banking, Finance & InvestmentEastern AfricaKenyaWestern Africa
Central Bank of Kenya denies dollar shortage
The Central Bank of Kenya Governor Dr. Patrick Njoroge has said there is sufficient foreign currency to meet demand, brushing off manufacturers who warned a shortage of dollars affects their …
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