Issues like?
I think 5% would be ok. I know the poorer will not be able to get loans from banks but the economy will grow and put money in their pockets plus it's not like they are even considered for loans by the financial institution even at the current rate.

1st time I've seen the CBK explicitly recognize the economic expansion sweeping SSA in its considerations Na Eurobond tunayo, hatuna?? https://www.centralbank....g_of_January_14_2014.pdf

Increased.

The lending rate can NEVER go below the rate offered to the Kenyan Govt. T-Bill is at circa 9% (depending on tenor). Why would any lender provide funds to 100-1000 small consumers at below this rate when they can make a simple, easy-to-administer loan to govt. at 9-10%. Then of course, a lender has to make an adjustment for risk profile of borrowers, portfolio risk, operational costs, etc.
What I truly feel SHOULD work is an increase in interest paid on deposits. Still ATTROCIOUSLY LOW in my opinion, with no justification.

Maintain and hold pattern at 8.5%

F......... i read most of the posts up there thinking ni za leo, bure mimi

hii ni jokes hawa watu wanacheza.