What happened, why, and what it means for your money

Daily Brief · 21 Oct 2026

CBK inflation forecasts missed in four of six months: September 6.8% against 6.5%

Business Daily compared the Central Bank of Kenya's inflation forecasts with KNBS's prints and found misses in four of the last six months, the largest in April and May. The CBK now projects 6.9% for October and a 7.2% peak in December. A table of the prints and the dates to watch.

Daily Brief · 13 Oct 2026

Africa's borrowing bill: one-year rates fell up to 4.5 points in a year. Where they head into 2027

Across nine markets in our auction records, the one-year government bill costs less than a year ago in five, more in three and the same in one. Ghana's and Nigeria's bills sit far below their policy rates; South Africa's has risen at every auction since 3 August. Our base case, two alternatives, and the dates that will decide between them.

Daily Brief · 13 Oct 2026

KES 100,000 over the next year: from KES 3,009 in savings to KES 7,680 locked in a T-bill

Kenya's one-year Treasury bill locks in 9.04% today; a money market fund floats with the market. We ran three paths for rates to October 2027 and worked out what each option would leave a saver with KES 100,000 after tax. Scenarios, not advice.

Explainer · 5 Oct 2026

Why lending to one African government pays 6% and another 25%

Ten African governments borrow for a year at rates from 6.29% in Tanzania to 25.67% in Egypt. What sets the price of money in each country — the central bank, inflation, the currency and trust — and what it means for savers and borrowers across the continent.

Explainer · 5 Oct 2026

What the Central Bank Rate is, and why it reaches your pocket

The Central Bank Rate is the price the Central Bank of Kenya sets for money. When it moves, Treasury bill rates, bank loans and savings rates follow, at different speeds. How it works, in plain words.

Explainer · 5 Oct 2026

Inflation and your money: the real return

If prices rise faster than your savings grow, you are getting poorer while your balance goes up. How to work out the real return, and why it decides whether saving is working.

Daily Brief · 8 Sept 2026

How to read a CBK Monetary Policy Committee statement

A desk method for reading an MPC statement as a primary document — rate line, diagnostics, and operations — without treating the headline as the whole decision.