He will never ever cut his own profit. Kenya is a capitalist state and in capital state the economy decides it's equilibrium. You can't force an economic equilibrium by set laws. Works well in communist state like Ethiopia .so hii kitu hakuna Mahali inaenda

This is not about uhunye protecting his interests in CBA but it's common sense......It is a bad idea to cap interest rates-they are beter ways to reduce the rates if the govt is keen to.

freedom,freedom,freedom as a shareholder i want to see my bank with the independence in lending so that when it goes under they don't give excuses ,this is a very bad and dangerous law when combined with the current NPL's within the banking sector it can wipeout bank profits by a quarter or even half and cause unrest and public panic

Adverse selection. Wanjiku can say goodbye to access to credit.

Which are this other methods everyone keeps talking about and why has Treasury/CBK not applied them to the sector.

It is this failure by the CBK/Treasury to tame rates that has now forced the legislature to come up with this law

By the way interest rates caps of one form or another do exist in South Africa, India, Bangladesh.

In the US, France and even UK, caps do exist to check Usurious and predatory lenders. Our entire financial system is predatory and need to be checked through such caps.