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![IMF Managing Director Christine Lagarde (left) and Treasury Cabinet Secretary Henry Rotich when she visited Kenya recently. Rotich said high interest rates are strangling investment in the country. [PHOTO: KIBERA MBUGUA/STANDARD]](https://cdn.standardmedia.co.ke/images/sunday/BIZ--MAIN.jpg) |
| IMF Managing Director Christine Lagarde (left) and Treasury Cabinet Secretary Henry Rotich when she visited Kenya recently. Rotich said high interest rates are strangling investment in the country. [PHOTO: KIBERA MBUGUA/STANDARD] |
By NICHOLAS WAITATHU
Competition Authority of Kenya (CAK) will before the end of this month hire a consultant to conduct a market inquiry into the banking sector. This will be done in conjunction with the Kenya Financial Sector Deepening programme.
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