CBK boss denies alleged shortage of Ksh200 notes amid voter bribery claims
Central Bank of Kenya (CBK) governor Patrick Njoroge has reacted to the alleged shortage of Ksh200 banknotes in the country. This is following claims by Interior CS Fred Matiang’i that there was a shortage of the notes in circulation. Enough supply Reacting to the claims, the CBK boss said he was not aware of the […]
NGATIA: Demonetisation plan to reinvigorate economy
Richard Ngatia The Central Bank of Kenya’s bold move to introduce new generation currency and withdraw Sh1,000 banknotes from circulation in the next four months is commendable. The decision will help in the war on corruption, money laundering and illicit trade, which threaten to cripple the economy. Demonetisation has been used in many countries to […]