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The Brief

The week's business and markets stories that matter to Kenya — each one run through the same four steps, each one ending with something you could say in an interview.

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Free Markets

CBK is holding. Inflation isn't.

The Central Bank Rate was 8.75% in April. It is 8.75% now. Inflation has gone from 4.4% to 6.6% in between. The gap between those two numbers is the most important thing in Kenyan finance right now, and almost nobody is explaining what it actually does to you.

21 Sept 2026 7 min read

Where Kenya stands

as of 22 September 2026
Central Bank Rate
8.75%
Held since 11 Aug
Next MPC meeting 7 October 2026
Inflation (12-month)
6.59%
Up from 6.49% in July
Was 4.39% in March. Sixth month of climbing.
Real policy rate
2.16pts
Was 4.36 pts in March
CBR minus 12-month inflation. Our calculation, not an official series.

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Also from us

Two other places the same thinking shows up

The Brief is the product — researched, structured, sourced, every Monday. These two are the looser end of the same brain: one written, one spoken, both more personal and more argumentative than anything we would put a source line under.

The Brief What happened in Kenyan business and markets, why Kenya cares, what to watch, and how to say it in an interview. Every Monday, every number sourced.
Finance Fridays Personal finance from the founder's own seat — decisions, arguments and things learned the hard way. Fridays, on Substack.
Outside The Box KE The conversation version. Money, business and careers, plus whatever else is worth an hour. On Spotify.
Newsletter · Fridays

Finance Fridays

Rytahi · on Substack

One person thinking out loud about money — their own decisions, mistakes and arguments.

Podcast · Spotify

Outside The Box KE

Rytahi · on Spotify

Finance, money, business and careers — and a wide range of things that are not any of those.