These are pre-rate cap stats. Should be worse for October.

As I have been saying, was always going to happen. The longest UK can hold is up to slightly after the elections. Because the signing was politically motivated, he might just let the economy go to the dogs till after the election - what a high price for Kenyans to pay for some people to get votes!!

But this law doesn't see December 2017. Worst case scenario!!!

UK can't unilaterally void the law. An MP has to introduce a motion to repeal it or scrap it...I will want to see that usually heavily indebted house vote to let banks swing their huge loans back to the mid-twenties interest rate mark, for curiosity's sake.

Kwanza Raila is really giving this lot a good excuse to deflate attention from their performance

Let me be counted among the pro rate cap hoi poloi. I still dont understand why rate cap is bad for business. The sooner banks get over their pity party , double down and get to work lending to those who deserve loans, the better it will be for all of us. No need having registered shylocks masquerading as banks. By June 2017, they will have seen the light and done away with their credit crunch games.

By the way, can someone explain to me slowly what interest rates have to do with weakening kenya shs against the dollar. What is the relationship.