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 that earlier easing is beginning to filter through.
IMF talks advance: Staff mission in Nairobi through 9 October signals real movement toward a funded programme.
Debt strategy widens: Government preparing a USD1 billion debt-for-food swap and leaning on Samurai financing to ease fiscal strain.
Regulatory tightening: CBK opens consultation on Credit Guarantee Regulations while pressing ahead with NDTCP oversight.
Macro balance: Growth at 5.0% y/y (Q2) and inflation contained - but credit transmission remains weak and debt pressures persistent.
Kenya closed the quarter with quiet resilience. Inflation edged higher but stayed within range, growth held firm and private-sector sentiment fin...
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