Tag: Central Bank Rate (CBR)

Kenyan Banks to Cut Lending Rates, Making Borrowing More Affordable for Businesses, Individuals

by Joan Aimuengheuwa

December 9, 2024

Kenyan Banks to Cut Lending Rates, Making Borrowing More Affordable for Businesses, Individuals

Finance

This decision follows the CBK’s recent monetary policy changes, including a 75 basis point reduction in its benchmark rate, bringing ...

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The meeting focused on the major lessons for techies in 2024 and projections for 2025, with a discussion on the rapid pace of innovation in the tech industry and the role of AI and digital ecosystems in creating smarter solutions. The panelists emphasized the importance of continuous learning, upskilling, and adapting to new trends, particularly in the context of AI, and highlighted the need for tech professionals to focus on mastering core concepts of programming, developing a business that is sustainable, and being customer-centric. The conversation ended with advice for career growth in the tech industry, emphasizing the importance of patience, finding a mentor, and focusing on strengths.