NAIROBI, Oct 8 (Reuters) - Kenya's central bank cut its benchmark lending rate (KECBIR=ECI), opens new tab to 12.00% on Tuesday, from 12.75%, the bank's monetary policy committee (MPC) said, adding that the move was aimed at boosting credit to the private ...

Uganda’s central bank cut its benchmark policy rate by 0.25 percent to 9.75 percent on Monday in a further sign of subdued inflationary pressures and the spillover effects from softening of monetary policy actions undertaken by leading central banks.

The consensus among economists – including those at Kiwibank – is the Reserve Bank (RBNZ) will cut interest rates by 50bps to 4.75% tomorrow. Elliot Smith, Kiwibank’s chief customer officer business banking,

Kenya's central bank slashed its benchmark lending rate to 12.00% from 12.75% on Tuesday, in a move aimed at stimulating credit to the private sector, the bank's monetary policy committee (MPC) said in a statement.

The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by Deven Choksey Research. The report noted that the non-lending financial services like life insurance companies have demonstrated a stronger ability to adapt to changes in

Kenya’s central bank cut its benchmark interest rate for the second consecutive time after inflation eased to a 12-year low on slower food and fuel price increases.

Kenya's central bank rate should start lowering its lending rate due to falling inflation in recent months, Finance Minister John Mbadi said on Wednesday. Kenya's government targets an inflation rate of between 2.