Kenya’s Central Bank, the guard dog that won’t bite
Since October 2024, CBK Governor Kamau Thugge has led a series of cuts, lowering the central bank rate from 13% last August to 9.5% today. The aim was to make loans cheaper, reinvigorate the economy by encouraging businesses to borrow and invest, and help households breathe a little easier.
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Kenya’s Central Bank, the guard dog that won’t bite
Since October 2024, CBK Governor Kamau Thugge has led a series of cuts, lowering the central bank rate from 13% last August to 9.5% today. The aim was to make loans cheaper, reinvigorate the economy by encouraging businesses to borrow and invest, and help households breathe a little easier.
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