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Kenya's competition agency comes face to face with banks’ muscle

Wang’ombe Kariuki. PHOTO: FILE

No one better understands how brutal Kenyan banks can be than Francis Kariuki Wang’ombe — the man mandated to protect consumers from cartels.

In the aftermath of the shocks in the banking sector presented by the collapse of three lenders in quick succession, Mr Wang’ombe came face to face with the giant problem many ordinary Kenyans are struggling with, largely in silence.

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