Kenya Bank Cap = Brexit
I feel we screwed ourselves.
Majority of bank users are not borrowers but investors
Uhuru protected these minority borrowers and forgot majority investors who have lost loads of investment. How much has the govt lost in the process?
I do not know where to start in cleaning my house.
When banks are infected the the virus spreads to other investment arms like Industrial, Agric, commercial etc
Now its time Banks closed most of the offices thereby affecting the boom in housing.
A balance must be sorted out soonest.
If firms are getting cheaper loan, why would a company like Ketepa Kenya sell its third grade tea at that high cost? Why would property in land be such speculative and costly
Everything will be coming down, even Education
I can see Salaries dropping.
Remember, Kenyans should not expect Salary reviews next year, in fact be ready for redundancies.