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More on Tag: CBK

13 Jan 2023

13th January Trade and Financial Services Round Up

Kenya State bursts recurrent budget forecast by Sh81.7bn President William Ruto’s administration projects expenditure for the day-to-day running of the government is Sh81.7 billion more than what th...

13 Jan 2023

Cytonn’s dilemma in the face of liquidation order

A high court ruling in Kenya this week has ordered the liquidation of two funds owned by Cytonn Real Estate – Cytonn High Yields Solution (CHYS) and the Cytonn Real Estate Project Notes (CPN) &#...

18 Nov 2022

Banks to use Treasury bonds as loan collateral

As part of measures aimed at increasing industry liquidity and relieving the Central Bank of Kenya (CBK) from frequently having to bail out cash-strapped institutions, banks will soon be able to borro...

21 Oct 2022

Financial institutions must build internal capacity to address climate change risks

The effects of climate change have caught up with us, and they pose significant risks to different sectors. The agricultural sector is the worst hit due to changes in weather patterns and extended dro...

7 Oct 2022

Gachagua gaffes his way in

Shortly after midnight last Sunday, the Central Bank of Kenya sent out a press release.It was to correct the assertion by Deputy President Rigathi Gachagua had made a fewhours before, in an interview ...

23 Sep 2022

The future of Digital Credit Providers under new regulations to protect consumers

Kenya has been a home for many digital lending apps, which are popular for their unsecured and instant loans disbursed through mobile phones. Unlike banks and Saccos where one is required to have a gu...

23 Sep 2022

The push to raise cash transaction limit while guarding against money laundering

During President Ruto’s inauguration speech on Tuesday, September 13, 2022, he noted that his campaign team had received complaints from traders about the onerous burden involved in cash transac...

12 Aug 2022

Highlights of the 2022 Kenya Financial Sector Stability Report

The Central Bank of Kenya (CBK) recently released the 2021 Financial Stability Report which discusses developments and risks in Kenya’s economy and financial sector in the post-Covid–19 pandemic r...

29 Jul 2022

Money laundering and terrorism financing: Kenya at medium risk as CBK publishes inaugural report

On Wednesday, July 27, 2022, the Central Bank of Kenya launched the Money Laundering and Terrorism Financing National Risk Assessment Report (NRA). The report identifies and assesses Kenya’s Money L...

20 May 2022

Here is what Digital Credit Providers need to know as licensing deadline approaches

The Central Bank of Kenya on Tuesday, May 17, 2022, issued a press release in relation to licensing of Digital Credit Providers (DCPs). The deadline for licensing of DCPs is September 17, 2022.  ...

18 Mar 2022

New regulations set to tame predatory digital lending practices in Kenya

Digital lenders have up to September 2022 to comply with regulatory requirements, including licensing by the Central Bank of Kenya (CBK). The Central Bank of Kenya (Digital Credit Providers) Regulatio...

11 Mar 2022

Shadow Budget Report casts doubt on economic recovery as rising debt and electoral jitters persist

The 2022/23 Annual National Shadow Budget by IPFK™ for Kenya is the second edition, and it is one of its kind in the country.  The production of the Shadow Budget was supported by the integrate...
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Vellum Kenya is a weekly news publication owned by Oxygene Marketing and Communication Ltd and ran by the Public Policy Department. The publication captures political, socio economic and policy issues that impact on the Public Policy landscape in Kenya and the African region at large.

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