CBK Keeps Benchmark Rate Unchanged Amid Economic Headwinds

The Central Bank of Kenya (CBK) has decided to keep its benchmark interest rate at 8.75 percent, as announced on August 12, 2026.

This decision comes amidst concerns over wheat price hikes due to imports impasse and the growing share of energy supplied from wind and solar sources, which is affecting the quality of electricity supply.

The CBK's move may be seen as a cautious approach given the current economic situation in Kenya.