Trending
- Where is Joseph Kony, the Rebel who sought to destabilise Uganda
- The push and pull: oil and gas producers adamant amid the energy transition pressure
- Africa’s food crisis deepens as one billion people unable to afford healthy diet
- Dangote Refinery breaks ground, set to process one million barrels in debut
- President Ruto’s relentless efforts to boost Kenya’s agricultural productivity
- Africa will need pragmatism, not idealism, to achieve a just energy transition
- AfDB warns of $25 billion drain on Africa with new EU carbon tax
- Shareholders pressure Glencore spin off and disposal of coal business in two years
Browsing: NCBA bank Kenya
The CBK has also issued circulars to local commercial banks warning them against dealing with cryptocurrencies transactions or face penalties for non-compliance.
The last circular was issued in 2018 and has remained in action up until now.
While delivering the monetary policy announcement where the monetary policy committee retained the base lending rate at seven per cent for the 12th time, Dr Patrick said that their position had not changed on any of the crypto products in the market.…