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Forum => Kenya Discussion => Topic started by: RV Pundit on October 17, 2019, 11:18:20 AM

Title: Rate cap to go - Uhuru using vetoe powers to make law
Post by: RV Pundit on October 17, 2019, 11:18:20 AM

That is end of Njomo interest rate capping that was declared unconstitutional. Parliament cannot raise 2/3 - to overturn Uhuru move.

https://www.bloomberg.com/news/articles/2019-10-17/kenya-s-president-rejected-rate-cap-bill-central-bank-head-says?fbclid=IwAR0tbyf7kSImDRBKZESMVUBoXKsJnsBxzDHSctX2vuE3Rx3ZCO4mZd6myWE