Banks should cut lending rates in tandem with Central Bank Rate

The economy is gradually waking up to good tidings. The overwhelming approval of the new constitution in a vote that was largely peaceful has left all sectors of the economy looking up.

Already, players in the tourism sector are buoyant the result should see more tourist arrivals. The business community, which had singularly pegged the economy’s complete turnaround to the approval of the new constitution, is agreed the investment environment is set for a revolution.