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CBK Governor defends Equity Bank takeover of Spire Bank

Friday, December 2, 2022 - Central Bank of Kenya Governor, Dr. Patrick Njoroge has come to the defence of Equity Bank after it controversially acquired Spire Bank. The National Assembly’s Finance and National Administration Committee on Thursday accused Njoroge of sleeping on his job after failing to rescue the bank which is owned by Mwalimu…

CBK calls early monetary policy meeting as shilling sinks

Kenyan Shilling Depreciates by 18% Against Ugandan Currency Within 1 Year

The Kenyan shilling has continued to weaken against the US dollar and East African currencies including the Ugandan shilling. KSh depreciated by 18% against USh

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