Kenya’s monetary policy cycle has entered a defining phase. The Central Bank of Kenya (CBK) has lowered its benchmark rate to 8.75 percent, marking the tenth consecutive easing move since August 2024 and bringing borrowing costs to their lowest level since January 2023. The 25-basis-point reduction reflects a central bank increasingly confident that inflation is […]

In a development that signals a deeper convergence between traditional finance and digital assets, Binance, the world’s largest cryptocurrency exchange by trading volume, has partnered with asset management giant Franklin Templeton to introduce an institutional off-exchange collateral program powered by tokenized money market fund shares. The initiative, developed under a strategic collaboration announced in September […]

Kenya has received a cautiously positive signal from global credit markets after Moody’s Investors Service upgraded the country’s sovereign credit rating, citing stronger external liquidity, reduced near-term refinancing risks, and improved macroeconomic stability. The agency raised Kenya’s rating to B3 from Caa1 and revised the outlook to stable, indicating a lower probability of default in […]

Kenya’s public finance strategy is entering a decisive phase. Facing mounting debt pressures, volatile global markets, and constrained access to foreign financing, the government of William Ruto has signalled a major shift in how it plans to fund its budget deficits over the coming years. According to the latest Medium Term Debt Management Strategy (MTDS), […]

Kenya’s government is preparing for a significant recalibration of its debt-financing strategy, with domestic borrowing set to take centre stage in funding the budget deficit over the medium term. The shift, outlined in the National Treasury of Kenya’s draft Medium Term Debt Strategy (MTDS) for 2026, reflects a deliberate effort to rein in borrowing costs, […]

The transformation of Kenya’s savings culture has reached a critical inflection point, as evidenced by the spectacular growth recorded in the third quarter of 2025. According to the latest quarterly report by the Capital Markets Authority (CMA), Collective Investment Schemes (CIS) experienced an unprecedented surge, with Kenyans pumping an additional KSh 83.2 billion into these […]

The Capital Markets Authority (CMA) has taken a definitive step to deepen Kenya’s financial markets, announcing on November 26, 2025, the official approval for the establishment of eight new Collective Investment Schemes (CIS) and associated sub-funds. These approvals, granted in strict adherence to the Capital Markets Act and the Capital Markets (Collective Investment Schemes) Regulations, […]

In a strategic move that signals the growing sophistication of Kenya’s investment landscape and the increasing appetite for international diversification among local investors, CIC Insurance Group (CIC Group)—a prominent insurance and investment conglomerate partially owned by Kenyan business magnate Gideon Muriuki—has officially entered the global investment market with the launch of an innovative dollar-denominated collective […]

Kenya is poised to establish a transformative national infrastructure fund designed to finance major development projects including roads, dams, and power generation facilities, in a strategic pivot that will substantially reduce the country’s reliance on external borrowing while ensuring sustainable, locally-financed development that addresses critical infrastructure gaps constraining economic growth. This landmark initiative, announced by […]

Kenya’s savings and credit cooperatives (SACCOs) — a backbone of financial inclusion and credit access for millions — are grappling with a deepening crisis as unremitted deductions by employers reached KSh 3.49 billion in 2024, up from KSh 2.59 billion in 2023. The figures, contained in the 2024 SACCO Supervision Annual Report by the Sacco […]