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Inside Treasury’s new bold plan to rein in rogue lenders

National Treasury building in Nairobi.

The National Treasury believes it may have found the remedy to the financial sector’s woes that compelled legislators to controversially cap interest rates on loans and savings.

The ministry is set to submit to the National Assembly the Financial Markets Conduct Bill, 2018, a lengthy consumer protection law which spells out harsh punishment for rogue financial service providers.

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