Tag Archives: CBK

The Central Bank of Kenya (CBK) has warned the public against using Kenya Shilling banknotes for decorative or celebratory purposes. This advisory follows a rise in cases where cash is incorporated into flower bouquets, ornamental arrangements, and similar displays. Click here to join our WhatsApp Channel CBK noted that folding, …

The Central Bank of Kenya (CBK) has approved 42 more Digital Credit Providers (DCPs), increasing the number of licensed and regulated digital lenders in the country to 195. This latest approval follows the licensing of 27 DCPs announced in September 2025, underscoring the regulator’s ongoing drive to bring order to …

The Central Bank of Kenya (CBK) has withdrawn PayU Kenya Limited’s licence as a Payment Service Provider (PSP) after the firm opted to wind up its operations in the country. In a statement, CBK said PayU, which received its licence on March 23, 2023, chose to exit the Kenyan market …

High transport and labour costs continue to fuel food price instability in Kenya, even as harvests improve and weather conditions remain favourable, according to a new agriculture sector survey by the Central Bank of Kenya (CBK). The report shows that 95 percent of respondents identified transport costs as the main …

The Central Bank of Kenya (CBK) has announced plans to cap charges on person-to-person mobile money transfers, a decision likely to affect the revenues of Safaricom’s M-Pesa and Airtel Money. According to the regulator, most Kenyans continue to use mobile money mainly for simple transfers rather than advanced services like …

The Central Bank of Kenya (CBK) has introduced a new series of banknotes for 2024, featuring enhanced security elements, starting with the Sh1,000 note. In a statement released on Wednesday, CBK detailed that the 2024 series banknotes incorporate color-shifting security threads unique to each denomination. The updated notes cover denominations …