Kenya
CBK's Ndung'u flouted rules on hotel sale: report
An inquiry into the sale of a Nairobi hotel accuses Njuguna Ndung'u, the governor of the Central Bank of Kenya, of flouting procurement rules, local media has reported.
Kenya's Ndung'u on regional integration efforts
Harmonisation of East African banking supervision and regulation is at the top of the agenda of regional central banks, said Njuguna Ndung'u, the governor of the Central Bank of Kenya.
Kenya governor caught up in hotel probe
Njuguna Ndung'u, the governor of the Central Bank of Kenya, is reportedly facing allegations of defamation and has become embroiled in investigations into the controversial sale of a Nairobi Hotel.
Kenya calls on bankers to disclose loan costs
The Central Bank of Kenya is to ask banks to provide a greater deal of clarity on borrowing costs.
Help at hand for Kenya's bond market
The Central Bank of Kenya is working with International Finance Corporation (IFC), a member of the World Bank Group, and other stakeholders to help the development of the country's bond market and increase long-term financing options for projects in…
Kenya's IFRS and Basel 2 challenges
A practical challenge Kenyan banks challenge in complying with International Financial Reporting Standards and Basel 2 is the use of complex financial models to measure risks in their portfolio, explained Njuguna Ndung'u, the governor of the Central Bank…
Kenya can rise again, says central bank governor
The violence precipitated by elections late last year is a setback from which the Kenyan economy can recover, said Njuguna Ndung'u, the governor of the central bank.
Kenya leaves rates at 8.75%
The Central Bank of Kenya's rate-setting committee voted on Thursday to hold the benchmark Central Bank Rate at 8.75%.
Central Bank of Kenya - Annual Report 2007
Kenya's economy grew by 6.1% in 2006, and this strong performance was sustained in the first half of 2007.
We can escape capital flight loop: Kenya's Ndung'u
Sub-Saharan African countries can escape the "infinite loop" of external indebtedness, corruption and capital flight, according to Njuguna Ndung'u, the governor of the Central Bank of Kenya.
New payments model needed, says RBI
The Reserve Bank of India (RBI) has suggested that a change in its regulatory regime, allowing migration to a new payments model featuring the use of mobile phones and pre-paid cards, could soon be under way.
Kenyan central bank set to monitor telecoms IPO
The Kenyan government has handed the Central Bank of Kenya the task of ensuring that the initial public offering (IPO) of Safaricom, the country's leading mobile phone firm, does not adversely impact the financial system.
Kenya holds rates at 8.75%
The Central Bank of Kenya decided on Thursday to hold its benchmark rate at 8.75%.
Ugandan governor plans for integrated east African
Emmanuel Tumusiime-Mutebile, the governor of the Bank of Uganda, said that stability in the financial and foreign exchange markets is needed for east African states to successfully integrate their financial markets.
Basel II needs risk culture to work - Kenyan chief
Njuguna Ndung'u, the governor of the Central Bank of Kenya, said that east African commercial banks need to adopt sound risk management practices before the region's central banks can implement the Basel II accord.
Kenya raises rates as inflation rises by a quarter
The Central Bank of Kenya looked to combat mounting inflation on Wednesday with a twenty five basis point increase to its central bank rate.
Kenya's central bank cuts key rate to 8.5%
The Central Bank of Kenya cut one of its key interest rates to 8.5 from 10% in an attempt move it further in line with other policy rates.
Uganda's Opiokello on risk management
In the speech 'Business continuity and risk management regional workshop in Uganda' given on 5 February David Opiokello of the Bank of Uganda said regional efforts towards a common monetary and political union of the countries in the region continue.
New governor says CBK not to follow IMF blindly
Kenya's newly appointed central bank governor said Wednesday 7 March that the institution should develop partnerships rather than blindly follow the IMF and World Bank.
Challenges new CBK governor must tackle
According to this editorial published Friday 2 March by The Nation, as he takes office the new governor of the Central Bank of Kenya will be well aware of the circumstances that led to the exit of his predecessor.
Kenya names new head of central bank
Economics professor and think-tank director Njuguna Ndung'u was named as the new head of the Central Bank of Kenya on Thursday 1 March to replace the former governor who was suspended.
CBK says economy to grow 6%
The Central Bank of Kenya said Thursday 18 January in its monthly report that the economy grew at the rate of 5.8 per cent last year and will grow at 6 per cent this year.
IMF paper on Kenya's monetary policy
The IMF Working Paper "A VAR analysis of Kenya's monetary policy transmission mechanism: How does the central bank's REPO rate affect the economy?" examines the impact of a monetary policy shock on output, prices, and the nominal effective exchange rate…
Central Bank of Kenya - Annual Report 2006
According to the Central Bank of Kenya's Annual Report 2006, the economy grew by 5.8 percent in 2005 compared with 4.9 percent in 2004.