2 Mins Read BANKING & FINANCE Kenya’s Parliament Scrap Interest Rate Caps on Commercial Lending2019-11-05By David Kenya’s parliament on Tuesday scrapped commercial lending rate caps setting the stage for financial institutions to charge interest rates on…
2 Mins Read MARKETS Kenyan Stocks Close Higher on Repeal of Interest Rate Cut Optimism2019-10-21By David Kenyan stocks ended higher on Friday after President Uhuru Kenyatta declined to assent to the Finance Bill 2019 in an…
4 Mins Read BANKING & FINANCE Kenyan Court Declares Interest Rate Cap Law Unconstitutional2019-03-14By David A three-judge Kenyan High Court bench ruled on Thursday that capping of commercial banks’ lending rates at 4 percentage points…
