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CBK cuts policy rate further to 7%, the lowest Since 2011

Central Bank of Kenya (CBK) Governor, Dr Patrick Njoroge the newly launched banknotes in Nairobi

The Central Bank of Kenya’s top think tank, the Monetary Policy Committee has lowered the policy rate once again to 7 per cent, in a space of a month, the lowest level in 9 years. This is as the CBK eases monetary controls to boost credit levels in an already slowing economy. READ MORE..

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COVID-19 dampens Kenya’s Economic growth prospects

COVID-19 dampens Kenya’s Economic growth prospects

Growth of Kenya’s economy in 2020, like most economies all over the world, will largely be depend on how it manages to cushion life and economic activities from disruptions posed by the COVID-19 pandemic. READ MORE..

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Kenya’s GDP to grow below 2.5% if COVID-19 persists, says Treasury

AMB Ukur Yatani, Kenya's Treasury and Planning Cabinet Secretary

Kenya’s economic growth rate is expected to drop further to 2.5% from an earlier projection of 3.0%. This is if extreme shocks associated with COVID-19 pandemic persist and global demand remains weak. READ MORE..

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