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The bank had earlier notified customers that all its services were experiencing intermittent downtime and asked them to bear with its technical team as it worked to restore normal operations
County governments are required to maintain their main bank accounts at the Central Bank of Kenya (CBK). Commercial accounts are allowed for specific purposes, but the County Treasury must first issue written authorisation.
By December 2025, Kenya had 788,853 deposit accounts holding Sh500,000 or more
Data contained in the Central Bank of Kenya (CBK) Bank Supervision Annual Report 2025 shows that 788,853 deposit accounts had balances of Sh500,000 or more by December last year.
The proposed requirement is contained in the National Payment System Bill, 2026, prepared by the National Treasury and the Central Bank of Kenya (CBK) as the two institutions seek to replace the existing payments law with a broader framework for the sector.
According to the President, the Government and the Central Bank were forced to tighten monetary policy and introduce fiscal measures in response to those challenges.
The President the push for closer cooperation among African central banks has been under way for decades, with African leaders beginning efforts towards greater coordination in 1963.
The former chairman of the National Assembly Budget and Appropriations Committee, said the latest move by the United States Federal Reserve could add to the financial pressure facing the country.
About 220 million migrants and members of the diaspora are estimated to support 1.1 billion relatives through remittances, making the funds an important source of income for families across developing countries.
Figures from the Kenya Motor Industry Association (KMIA) show that 9,757 vehicles had been sold between January and July 2026. Isuzu East Africa remained firmly ahead of its competitors, accounting for almost half of the total market.
At the international level, the Islamic Financial Services Board has also placed Sharia governance at the centre of confidence and financial stability in the sector. In 2025, it adopted principles aimed at strengthening supervisory oversight of Sharia governance across Islamic banks, takaful institutions and Islamic capital-market institutions
Speaking at the Islamic Finance Forum and Dialogue Conference 2026 at the Radisson Blu Arboretum in Nairobi on Thursday, Sheikh Rashid called for reforms to create a stronger legal and regulatory environment for Sharia-compliant financial services