Hard truths. Bold Insights. Real talk.
On a broader scale, the latest monthly performance pushed the total diaspora inflows for the 12 months ending March 2026 to Sh655.9 billion (USD 5,079 million). This is an increase from Sh642.1 billion (USD 4,972 million) recorded in the same period a year earlier, reflecting a 2.2 per cent year-on-year rise and reinforcing the growing importance of remittances in Kenya’s external earnings.
The central bank noted that it has received more than 800 applications since March 2022, reflecting strong interest in Kenya’s digital lending space.
CBK confirmed that the transaction received regulatory approval on March 9, 2026, under Section 13 (4) of the Banking Act.
Kenya’s inflation remained under control in March, coming in at 4.4 percent. This is below the midpoint of the official target band of 5±2.5 percent. The MPC linked the lower inflation to reduced prices of key processed foods, including sugar and maize flour, which helped ease pressure on households.
Data shows sharp increases in vegetable prices alongside modest changes in fuel and electricity costs, highlighting mixed price movements across essential goods in the Consumer Price Index basket.
Public participation will run through April 10, 2026, with the Treasury encouraging submissions by mail, hand delivery, or email to the Principal Secretary.
The Central Bank of Kenya reported that gross non-performing loans dropped to Sh674.3 billion from Sh720.4 billion in September, a 6.4 percent reduction over three months.
CBK has outlined the bidding terms for interested investors. Non-competitive bids can be submitted from a minimum of Sh50,000 up to Sh50 million. Competitive bids, on the other hand, require a minimum of Sh2 million per Central Depository and Settlement account for each tenor.
The survey, conducted in January among more than 1,000 chief executives spanning sectors such as tourism, real estate, information and communication technology, professional services, agriculture, manufacturing, and trade, shows that companies providing professional services were most affected.
Monthly data indicate that September 2025 registered the strongest expansion, with Sh79.3 billion advanced during the month. However, January, February and August stood out as periods when absolute credit flows dipped into negative territory.
The Central Bank of Kenya reported on February 13 that the January figure was down 3.8 per cent from Sh55.1 billion recorded in January 2025, reflecting a shortfall of roughly Sh2 billion.
Existing Kenya shilling variable-rate loans that are already based on CBR plus a premium will continue under the same pricing structure, with the CBR component adjusting from 9.00% to 8.75% 30 days after the notice.