Kenya's chief executives give rate cap the thumbs up

Nick Nesbitt, IBM Managing Director , Majo Rosa Country Director - Oxford Business Group, Vimal Shah, Chairman Bidco, Corine Mbiaketcha Nana Managing Director Oracle Kenya and Anne Kirima, Chairperson, Kenya Investment Authority at the launch of the OBG Business Barometer Kenya CEO Survey

NAIROBI, KENYA: Capping of interest rates has made credit more affordable, say chief executives in the private sector, even as their confidence on business prospects soars, indicates a recent survey.

This is despite the rate cap making loans harder to get from banks.