Capping of Interest Rates Unconstitutional – High Court
Headlines
The capping of interest rates imposed to commercial banks has been declared unconstitutional. 3-Judge High Court Bench has ruled that
Headlines
The capping of interest rates imposed to commercial banks has been declared unconstitutional. 3-Judge High Court Bench has ruled that
Market News
With the capping of interest rates at 4 percent above the Central Bank Rate (CBR) came an opportunity for banks
By David Indeje
·Market News
A decision to cap Kenyan interest rates may favor the biggest banks as small lenders will struggle to raise cheap
Investment
If the Bill aimed at capping interest rates in the country signed into law, small banks are going to feel
By Juma
·Government and Policy
The ruling by a three-Judge High Court Bench in Nairobi declared the Banking (Amendment) Act 2016 to be unconstitutional signaling
Headlines
The coming into force of the interest capping law has led to the dipping of active mortgages from 24,458 to
Opinion
The famous banking amendment bill was passed by the parliament in July 2016 and became law September of the same
Headlines
The debate as to whether the interest rate capping law should be amended or totally repealed is raging on with
By Juma
·Headlines
The debate to cap the lending rates by the commercial banks in Kenya kicked off when the rates started moving
By Juma
·Headlines
National Treasury Cabinet Secretary has said that the interest capping rate is unsustainable and that it is causing the economy