Posts in Kenya

Category: Kenya

  • Kenya Macro Brief: December 2025

    Kenya Macro Brief: December 2025

    Kenya ends the year in better shape than it began it. Activity is accelerating, inflation has edged lower and the system has more breathing room on the external side. Policy remains loose, liquidity is behaving and the Shilling is holding its line. The tone has shifted from stabilisation to something closer to controlled momentum.… Read…

  • Kenya Macro Brief: November 2025

    Kenya Macro Brief: November 2025

    CBR cut again: Eighth consecutive rate reduction - down 25 bp to 9.25% on 7th October as inflation stays at 4.6%. Momentum building: PMI 52.5 (Oct). Fastest expansion since early 2022; output and new orders up sharply. Debt realignment deepens: Kenya converts around USD5 billion of Chinese loans into RMB, easing FX risk and strengthening…

  • Kenya Macro Brief: October 2025

    Kenya Macro Brief: October 2025

    MPC on hold: No move since August’s 25 bp cut; CBR steady at 9.50% ahead of the 7 October meeting. Inflation up, still tame: 4.6% in September, driven by food and transport, but below 5% and within the CBK’s target band. Private sector rebound: PMI back in expansion (51.9) - first since April - hinting…

  • Kenya Macro Brief: September 2025

    Kenya Macro Brief: September 2025

    Kenya is in pause mode. The rate cut cycle is on hold, inflation has ticked higher but remains within target, and the August bounce in business activity already looks short-lived. It is a month defined less by fresh decisions than by the weight of what’s already in motion. Monetary Policy. The CBR holds at 9.50%…

  • Kenya Macro Brief: August 2025

    Kenya Macro Brief: August 2025

    Kenya’s economy is riding a wave of earlier monetary easing, stable exchange rates and a landmark debt issuance on the horizon -  and all eyes are on whether that momentum will hold through the next quarter. Monetary Policy. The CBR stands at 9.75% following the June 10 MPC decision – the sixth straight cut.… Read…