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Interventions in the inter-bank market, tightening of the benchmark interest rate, and the Eurobond buyback helped salvage a battered shilling into one of the best-performing currencies in the world this year, the Central Bank of Kenya(CBK)Governor Kamau Thugge has revealed.
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Salvaging a battered Shilling
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- 10 May 2025 - The Ethics and Anti-Corruption Commission (EACC) has inserted a proviso in the ongoing Ksh.200 million graft probe involving the Busia County Government, prohibiting further transactions in the disputed land pending the completion of investigations.
- 10 May 2025 - The National Police Service (NPS) has restored traffic flow following a 15-hour gridlock along the Nairobi-Nakuru Highway that had forced motorists to spend the night on the road.
- 10 May 2025 - The Ethics and Anti-Corruption Commission (EACC) has reaffirmed its commitment to a proactive and tech-driven approach to intensify the fight against graft.
- 10 May 2025 - West Kenya Sugar Company under the stewardship of Chairman Jaswant Rai has officially taken over operations at Nzoia Sugar Factory in a move expected to breathe new life into the ailing mill.
- 10 May 2025 - Opposition leaders Kalonzo Musyoka and Eugene Wamalwa have slammed President William Ruto for allegedly attempting to control the IEBC ahead of the 2027 elections.
- 10 May 2025 - The stakes are high, and the new IEBC team must navigate a deeply divided political landscape.
- 10 May 2025 - The congestion was mainly witnessed along the highway between Kariandusi and Nakuru city.
- 10 May 2025 - Raila has publicly identified as a Christian, but his specific denomination is not known.
- 10 May 2025 - The free flow of traffic along the Nairobi - Nakuru highway has been fully restored, the National Police Service (NPS) says.
- 10 May 2025 - Kindiki said it's within his mandate to keep a close eye on all ongoing development initiatives.