×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

New law to cap high interest rates in the offing

By JAMES ANYANZWA

NAIROBI, KENYA: The government is to introduce a new law to cap high interest rates charged by commercial banks, President Uhuru Kenyatta has said. Uhuru said high rates have increased the cost of doing business and rendered the country uncompetitive.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in