December 11, 2023

The governor of the Central Bank of Kenya denied on July 28 that the country was facing a shortage of small denomination banknotes. Patrick Njoroge was responding to an allegation made a day earlier by the interior minister who claimed politicians were monopolizing supplies to bribe voters.

Minister Fred Matiang’i said on July 27 that the bribes explained the scarcity of 100-shilling ($0.84) and 200-shilling ($1.68) notes. Kenya is scheduled to hold general elections on August 9.