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President must protect consumers and sign Banking Bill into law

PHOTO: COURTESY

The President should sign the Banking (Amendment) Bill 2015 that seeks to cap commercial interest rates in the country. He should not think twice on this matter, and must not waver.

 He must be guided by the constitutional obligation to protect ordinary Kenyans from all forms of exploitation. It is a duty and a calling. He must not be dissuaded by the banking sector moguls from standing up to be counted when the nation’s economic interests are threatened.

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