CBK MPC Meeting

Kenya’s Central Bank will hold its next rate setting meeting on Monday January 22nd 2018. In the last meeting, the bank kept the key rate unchanged at 10%.

The Monetary Policy Committee is the organ of the Central Bank of Kenya responsible for formulating monetary policy. The Committee was formed vide Gazette Notice 3771 on April 30, 2008, replacing the hitherto Monetary Policy Advisory Committee (MPAC)

Membership

The membership of the MPC is as follows:

  • The Governor, who is the chairman.
  • The Deputy Governor.
  • Two members appointed by the Governor from the Bank, one being a person with executive responsibility within the Bank for monetary policy analysis (Director of Research Department) and the other being a person with responsibility within the Bank for monetary policy operations (External Payments and Reserves Management).
  • Four external members who have knowledge, experience and expertise in matters relating to finance, banking and fiscal and monetary policy, who are appointed by the Cabinet Secretary for the National Treasury.
  • The Principal Secretary, National Treasury, or his designated alternate as representing the National Treasury. The National Treasury representative is a non-voting member of the committee.
  • Each external member of the Committee serves for a term of three years, which is renewable once.
Kenyan WallStreet

Kenyan WallStreet

This is a one stop financial platform for Investors, retirement, stock market platform designed to educate and engage small, medium and large business in all 47 Counties of Kenya and the larger African region We focus on advisors, resources and data necessary for successful bilateral trade and investment.

Related Posts

Next Post

Follow Us

Upcoming Events

Apr
24
Tue
all-day East Africa Islamic Economy Summ...
East Africa Islamic Economy Summ...
Apr 24 – Apr 25 all-day
East Africa Islamic Economy Summit 2018 takes place in Nairobi on the 24th and 25th April 2018. Themed around Fintech as a driver for Islamic Economy in East Africa as well as Financial inclusion.
Apr
30
Mon
all-day Barclays Kenya Books Closure
Barclays Kenya Books Closure
Apr 30 all-day
Barclays Bank of Kenya Ltd announced a Final dividend of Kes.0.80 on 28-Feb-2018; Books Closure 30-Apr-2018; Payment Date 25-May-2018
all-day KCB Group Books Closure
KCB Group Books Closure
Apr 30 all-day
KCB Group Plc announced a Final dividend of Kes.2.00 on 08-Mar-2018; Books Closure 30-Apr-2018; Payment 29-Jun-2018
May
4
Fri
all-day Coop Bank Kenya Books Closure
Coop Bank Kenya Books Closure
May 4 all-day
Co-operative Bank of Kenya Ltd announced a First & Final dividend of Kes.0.80 on 15-Mar-2018; Books Closure 04-May-2018; Payment 31-May-2018
May
11
Fri
all-day BAT Kenya Dividend Payment
BAT Kenya Dividend Payment
May 11 all-day
British American Tobacco Plc announced a Final dividend of Kes.22.50 on 16-Feb-2018; Books Closure 16-Mar-2018; Payment Date 11-May-2018.
May
21
Mon
all-day CIC Insurance Books Closure
CIC Insurance Books Closure
May 21 all-day
CIC Insurance Group Ltd announced a First & Final dividend of Kes.0.12 on 15-Mar-2018; Books Closure 21-May-2018; Payment 23-Jun-2018.

Briefs & Press Releases

Login to your account below

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.