i just hope treasury reigns in the high interest rates on loans. i really am fed up with the banks boasting that they are able to post great returns because they have got cheap money(read customer deposits) which they pay zero interest rates for, money which, they in turn lend at very high interest rates. and they are not ashamed to say this when they announce their billion shillings profits.

In the event controls are set then we will hail banks with regional presence as we do KK over Total Ke.. !! youcan'tstopusnow !!

Hee hee... I might as well sell ALL my Financials then load up on KK!!! I would not mind 'price controls' on Lending Rates since other sectors are being 'controlled' too!

...and just like KK is pissing on the price controls, I see a couple of banks doing the same and reporting what Impunity likes to call STELLAR results.
Cheaper credit will men more people taking up loans. The sheer volumes will be a boost to the banks.
Lakini I hope haitakuwa as cheap kama ile ya America where the 'average' household has 13 credit cards!!!

Eish! 13 cards is too much. Hapana taka. Infact Obaks has vested interests..anataka tukope toka Deacons

It won't be long before debtor's prison is brought back to the US.

http://www.nakedcapitali...ult-pushback-watch.html

Best,

Hill

Price controls are Necessary. Our revenues are declining due to low rainfall, while spending, on stuff such as MPs salaries is on the increase, not to mention a bloated cabinet. Can't see a better way to economic ruin. Vision 2030 seems so distant.