×

The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.

Standard Group Plc HQ Office,
The Standard Group Center,Mombasa Road.
P.O Box 30080-00100,Nairobi, Kenya.
Telephone number: 0203222111, 0719012111
Email: [email protected]

NEWS & CURRENT AFFAIRS

Digital News

Who benefits from CBK's low lending rates?

By Graham Kajilwa | 5h ago

Central Bank Governor Kamau Thugge when he appeared before the National Assembly Finance and National Planning Committee on the printing of new currency notes at Parliament on August 21, 2024. [Boniface Okendo, Standard]

Two days after the Central Bank of Kenya (CBK) Governor Kamau Thugge slashed the base lending rate by 0.25 per cent, National Treasury and Economic Planning Cabinet Secretary John Mbadi announced the government’s plan to borrow Sh635.5 billion from the domestic market to fund the 2025/2026 budget.

However, with an economy reeling from high taxes and a huge debt burden that has left businesses gasping for survival, who then stands to benefit from the low interest rate? Is it the government or the private sector? Previously, the plan by the government was to borrow Sh591.9 billion from the domestic market and Sh284.2 billion externally, as contained in the Budget Policy Statement.

Support Bold Journalism — Subscribe to The Standard & Hold Power Accountable

Get Trusted News for Only Ksh99 a Week

Subscribe Today & Save!

Unlimited access to all premium content
Uninterrupted ad-free browsing experience
Mobile-optimized reading experience
Weekly Newsletters

Already a subscriber? Log in

Related Topics

Central Bank of Kenya Lending Rates Interest Rates Public Debt

.

Similar Articles

KQ searches for new partner to set up regional airline after S Africa bolts out

KQ searches for new partner to set up regional airline after S Africa bolts out

KQ and SAA in 2021 signed a partnership framework that was expected to form the Pan African Airline Group.

Financial Standard

By Macharia Kamau

5 hrs ago

Firm opposes DPP plan to withdraw Sh918m case against businessman

Firm opposes DPP plan to withdraw Sh918m case against businessman

Before the lower court, Kumar and Midland Hauliers are accused of conspiracy to defraud.

Financial Standard

By Kamau Muthoni

5 hrs ago

IFC disburses Sh2.6b to Centum Re's 2,000 affordable houses

IFC disburses Sh2.6b to Centum Re's 2,000 affordable houses

IFC has disbursed Sh2.6 billion Centum RE to finance the construction of 1,940 affordable, energy-efficient homes in Nairobi’s Two Rivers Development.

By Brian Ngugi

16 hrs ago

WhatsApp introduces first major advertising features

WhatsApp introduces first major advertising features

WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift for the messaging platform that has largely remained ad-free since its launch.

By AFP

18 hrs ago

State contractors to wait longer for payment as pending bills audit drags

State contractors to wait longer for payment as pending bills audit drags

The large sums of money that the government owes to businesses continue to be a thorny issue despite the National Treasury having committed to resolving it.

Financial Standard

By Macharia Kamau

20 hrs ago

Lake Turkana Wind Power spent Sh2.6b on taxes

Lake Turkana Wind Power spent Sh2.6b on taxes

According to the 2024 sustainability report dubbed 'Beyond Turbines: Impacting Kenya, Empowering People', the farm spent some Sh117 billion on energy cost savings.

By Teresia Karanja

23 hrs ago

Safaricom valuation hits Sh1tr mark

Safaricom valuation hits Sh1tr mark

Safaricom Plc’s valuation at the Nairobi Securities Exchange (NSE) crossed the psychological barrier of the Sh1 trillion mark on Thursday last week.

By Macharia Kamau

1 day ago

Tanzania firm refutes Keb's safety concerns over its gas imports

Tanzania firm refutes Keb's safety concerns over its gas imports

Cooking gas firm Lake Gas has defended the quality of its first bulk consignment of imported cooking gas, insisting it meets the required quality and safety standards.

By Macharia Kamau

1 day ago

Manufacturers warn new rules on alcohol will hurt production

Manufacturers warn new rules on alcohol will hurt production

Firms say regulations could undermine their competitiveness and inadvertently fuel the illicit alcohol market.

By Brian Ngugi

1 day ago

New used car tax model could backfire

New used car tax model could backfire

History offers invaluable lessons in policymaking, particularly on the consequences of failing to align the intended and unintended consequences of laws.

By Kevin Safari and Bruno Otiato

1 day ago

.

Latest Stories

Firm opposes DPP plan to withdraw Sh918m case against businessman

Firm opposes DPP plan to withdraw Sh918m case against businessman

Financial Standard

By Kamau Muthoni

5 hrs ago

Who benefits from CBK's low lending rates?

Financial Standard

By Graham Kajilwa

5 hrs ago

KQ searches for new partner to set up regional airline after S Africa bolts out

Financial Standard

By Macharia Kamau

5 hrs ago

IFC disburses Sh2.6b to Centum Re's 2,000 affordable houses

16 hrs ago

WhatsApp introduces first major advertising features

By AFP

18 hrs ago

.

The Standard Insider

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel

© 2025. The Standard Group PLC. All rights reserved