Capping of interest rates will be catastrophic

[Omollo]

I don't think banks have anywhere to run to. The perfected the art of thievery so well that there is limited competition in the region.

Argentina----------------28.75   
Malawi-------------------27.00   
Ghana-------------------26.00   
Gambia------------------23.00   
Venezuela----------------21.54   
Haiti   --------------------20.00   
Iran----------------------20.00   
Belarus------------------18.00   
Mozambique-------------17.25   
Angola-------------------16.00   
Ukraine-------------------15.50   
Zambia-------------------15.50   
Afghanistan--------------15.00   
Mongolia------------------15.00   
Yemen--------------------15.00   
Brazil----------------------14.25   
Nigeria---------------------14.00   
Uganda---------------------14.00   
Liberia----------------------13.55   
Kazakhstan----------------13.00   
Djibouti--------------------12.70   
Guinea---------------------12.50   
Suriname------------------12.50   
Sudan---------------------12.40   
Seychelles-----------------12.28   
Tanzania-------------------12.00   
Egypt----------------------11.75   
Zimbabwe-----------------11.44   
Tajikistan   -----------------11.00   
Kenya----------------------10.50   
http://www.tradingeconomics.com/country-list/interest-rate