Kenya
Kenya cuts benchmark rate to 10%
Central bank says easing necessary to boost lending to private sector and stimulate growth
Central Bank of Kenya upgrades nowcasting platform
Package of forecasting reforms is part of ongoing policy “modernisation”
Central Bank of Kenya cuts rates by 25bp
First reduction in more than four years comes as inflation declines and CBK issues new banknotes
Central Banking Awards 2024: third group of winners revealed
Climate model wins economics award; DNB, Fed and Central Bank of Kenya also recognised
Kenya increases policy rate by 200bp to strengthen shilling
Governor says equilibrium rate has been ‘overshot’
People: South Africa deputy governor plans to resign
BCIE presidential race; Chile general manager leaving; and more
Kenya to buy back $500 million in Eurobonds
Central bank governor says country will seek ‘exceptional’ IMF funding
People: Former MAS managing director Hu dies
New chair for Kenya central bank’s board; new member of BoE court; and more
Kenya revives interest rate corridor
Controversial 2016 law capping rates undermined earlier attempt at corridor
Kenya hikes 100 basis points at unplanned meeting
New governor says unexpected rise in inflation made rate increase necessary
Thugge confirmed as next Kenya governor
President’s adviser gets parliamentary approval and calls for dollar bonds to boost reserves
Kenyan president nominates ally as governor despite scandal
Former IMF official Thugge likely to succeed Njoroge, despite 2019 arrest over dam allegations
Ethiopia’s central bank issues first foreign mobile money licence
Central bank says there is strong public demand for fintech services
Kenya commission publishes shortlist to succeed Njoroge
Six candidates on list to succeed governor, whose final term ends in June
Central bankers cast doubt on utility of CBDC
“Element of Fomo” drives projects on even when purpose is unclear and resources lacking
Rates round-up: Kenya raises rates to highest since 2018
Sarb adds 50bp more as economy struggles; Zimbabwe cuts 1,000bp; Mozambique holds
People: France appoints deputy governor
New deputy governors in Indonesia and Kenya; Dilma Rousseff to lead Brics bank
Kenya central bank restores mobile money transfer fees
Move will reverse anti-Covid measure, but cut fees from 2020 rates
Rates round-up: Pakistan adds 100bp to main rate
Central banks raise rates in Kenya, Congo and Iceland
African governors face multiple financial ‘floods’
Kenyan governor says a “doubling, tripling” of access to IMF resources is needed
Central Bank of Kenya raises rate and denies FX shortage
New president nominates former governor Ndung’u to become finance minister