CBK News
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Chinese Firm Plans Sh2 Billion Copper Processing Plant in Makueni
A Chinese investment firm has unveiled plans to construct a Sh2 billion copper processing plant in Makueni County, marking a significant step toward value …
FinanceOnly 7 Million Kenyans Pay Taxes Out of 22 Million Registered PIN Holders
Kenya Revenue Authority has disclosed that only about 7 million individuals and businesses are actively paying taxes out of more than 22 million registered …
BusinessKenya Raises Sh290.6 Billion in New Eurobond Issuances
Kenya has successfully raised Sh290.6 billion through two new Eurobond issuances in international capital markets, marking one of the largest sovereign debt raises by …
FinanceHELB Launches Mandatory Salary Deductions for Private Sector Loan Defaulters, Partners with KRA to Notify Employers
The Higher Education Loans Board has launched a nationwide enforcement drive mandating automatic salary deductions for private sector employees who have defaulted on their …
BusinessWorld Bank Blames CA Delay for High Call Rates, Pushes for Cost-Based Pricing to Lower Tariffs
The World Bank has attributed Kenya's high mobile call rates to delays by the Communications Authority in reducing mobile termination charges, urging the regulator …
BusinessKiharu MP Ndindi Nyoro Offloads 3.08 Million Kenya Power Shares Worth KSh 37.8 Million
Kiharu Member of Parliament Ndindi Nyoro has disposed of 3.08 million shares in Kenya Power and Lighting Company valued at KSh 37.8 million in …
BusinessBar Owners and Retailers Petition Senate to Halt Tobacco Control Amendment Bill Over Rushed Process and Job Loss Fears
Bar owners and retailers have filed an urgent petition at the Senate urging the House to suspend debate on the Tobacco Control (Amendment) Bill, …
FinanceWorld Bank Warns Kenya’s Heavy Domestic Borrowing Crowding Out Private Sector Credit
The glass-fronted conference room on the fourteenth floor of the World Bank offices in Nairobi’s Upper Hill, where the late-morning light filtered through half-open …
BusinessKenya's Mobile Money Transactions Plunge by Sh345 Billion in Nine Months Amid Economic Squeeze
The vibrant chaos of Gikomba Market in Nairobi, where vendors in colorful kitenges haggle over sacks of tomatoes and bolts of kitenge fabric while …
FinanceTreasury CS John Mbadi Vows Criminal Charges for Employers Withholding Pension Deductions, Proposes Payroll Integration
The marbled corridors of the National Treasury building on Harambee Avenue, where the air hums with the quiet intensity of fiscal calculations and policy …