Mr Rotich promised the matter will be dealt with soon. By DAVID MWEREMore by this AuthorNational Treasury Cabinet Secretary Henry Rotich has announced that the government is planning to “revisit” the interest rate capping law in a move that he argues will support economic growth by reviving lending to the private sector. Alego Usonga MP Samuel Atandi triggered the comments by Mr Rotich as he appeared before the Finance and National Planning Committee of the National Assembly on Wednesday. Mr Rotich promised the matter will be dealt with soon. They have argued that they cannot accommodate riskier borrowers within the set maximum interest rate that stands at 13.5 percent.
Source: Daily Nation September 19, 2018 16:07 UTC