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News
Why Lower Policy Rates Don't Always Mean Cheaper Loans
5+ hour, 30+ min ago (502+ words) When the Central Bank of Kenya, CBK, trims its benchmark rate, the assumption is simple: borrowing gets cheaper. In practice, it’s rarely that straightforward. A policy rate cut sets the tone, but what actually lands on a borrower’s statement depends…...
Second Java House Outlet In Thika Opened
6+ hour, 2+ min ago (173+ words) Java House has opened a new branch in Thika at Shell Makongeni, the second in Kiambu County’s second-largest urban area and 111th in East Africa, expanding its presence in the town on course to become Kenya’s sixth city. The growth of…...
KCB Group's Profits Before Tax Hit 49.3 Billion In 6 Months, Ksh 9.64 Billion Interim Dividend Recommended
1+ week, 5+ day ago (209+ words) KCB Group PLC reported Ksh 49.3 billion in profit before tax for the first half of 2026, a 20.8% rise, on strong income growth and discipline in cost management. Total assets grew by 16.8% to Ksh 2.3 trillion, driven by a 15.1% increase in customer deposits…...
List Of Commodities Whose Price Are Set To Rise
3+ week, 1+ day ago (434+ words) Electricity bills, beef, potatoes and mangoes all cost more last month, and that was enough to push Kenya’s inflation rate to 6.5 percent in July, even though a handful of everyday items, among them tomatoes, maize flour and cooking gas, actually…...
AI Rally Lifts U.S. Markets Despite Middle East Tensions as Investors Eye Inflation Data
1+ mon, 1+ week ago (475+ words) U.S. equities ended the week with mixed results as renewed geopolitical tensions in the Middle East fuelled market volatility early in the week, according to the latest stats from the Standard Investment Bank (SIB). However, a rebound in semiconductor and artificial…...
NCBA Sees Stable Interest Rates as Kenya's Fixed Income Market Holds Firm in Q3
1+ mon, 1+ week ago (434+ words) NCBA Sees Stable Interest Rates as Kenya’s Fixed Income Market Holds Firm in Q3 Soko Directory Kenya’s fixed income market is expected to remain stable in the third quarter of 2026, with limited room for interest rate surprises as inflation remains contained…...
The Economy Is Growing on Paper, but Businesses Are Hurting
2+ mon, 1+ week ago (623+ words) An economy can show positive annual growth while thousands of businesses feel like they are moving backwards. That contradiction is visible in Kenya. Official forecasts still point to economic expansion, yet the Stanbic Bank Kenya Purchasing Managers’ Index fell to…...
CBK Holds Interest Rate at 8.75% As Rising Fuel Costs Push Inflation Higher
2+ mon, 2+ week ago (403+ words) Soko Directory Kenya’s Central Bank has retained its benchmark lending rate at 8.75 percent, opting for caution as rising global oil prices continue to push up inflation and increase pressure on the cost of living. The decision was announced on Monday…...
Why Tax Securitisation Must Be Stopped Before It Becomes The Next Debt Trap
2+ mon, 2+ week ago (467+ words) A government that securitises taxes is not simply borrowing money. It is doing something more dangerous: it is pledging tomorrow’s public revenue to solve today’s cash crisis. It is taking taxes that future citizens have not yet paid, assigning them…...
How Cooking Oil, Sugar, Salt, Bread and Everyday Household Essentials Are Quietly Crushing the Purchasing Power of Kenyans
2+ mon, 2+ week ago (1534+ words) That is why this article focuses on household essentials rather than distant commodities. Maize and beans matter, but so do cooking oil, sugar, salt, bread, wheat flour, milk, cooking fat, eggs, tissue, soap and detergents. These are the small items…...