The Monetary Policy Committee decided to raise the Central Bank Rate (CBR) from 8.25 per cent to 8.75 per cent.
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An interim dividend of Ksh.6 per share declared.
• This was largely attributable to a 32% and 25.6% uptick in Non-Funded Income (NFI) and Total Interest Income.
Bonga points is a loyalty scheme that lets Safaricom Prepay and Postpay subscribers earn points immediately once registered to the programme. You earn 1 Bonga point for every 10 Ksh spent on voice calls, SMS, or data.
Liquidity in the money markets tightened, with the average interbank rate increasing to 4.4% from 4.2%
Remittances represent an important source of foreign exchange and support many livelihoods.