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Uhuru signs interest rates bill

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STATEMENT BY H.E. UHURU KENYATTA, PRESIDENT OF THE REPUBLIC OF KENYA AND COMMANDER-IN-CHIEF OF THE DEFENCE FORCES, ON THE BANKING (AMENDMENT) ACT 2015 On July 28, 2016, the National Assembly passed the Banking (Amendment) Bill, 2015. The Bill intends to regulate interest rates that are applicable to banks’ loans and deposits, capping the interest rates […]

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