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CBK Lowers Key Lending Rate to 9.5%

The Central Bank has lowered its base lending rate to 9.5% from 11% with statistics showing dwindling inflation rates currently at 3.20%
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President to Commission the KES 31B Thika Highway

Thika Superhighway will be commissioned on Friday, 8 months off scheduled completion date and KES 4 billion more that it was initially anticipated to cost.
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Dont Take Sweets for Change, Says CBK

There are sufficient coins in circulation, The Central Bank has assured, removing the need for supermarkets and shops giving customers sweets in place of coins for change on shopping.
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The Kenya June Economic Update

Main Messages from the people involved as per the full document… • Kenya will need to navigate through another economic storm in 2011. This will reduce growth to a projected 4.8%, which is still substantially higher than the average of the last decade. • The decade started on…
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