We dont intend to borrow. We intend to Invest,through savings!

Stable shilling?
http://news.google.com/n...s-idUSL6N0DO36K20130507

I will never trust this inflation figures dished out to us...they should have just let the rate remain the same...but since they have to borrow cheaply they will do everything in their means to get money (print more)...

Where is our inhouse wazua banker?I don't know the answer to both questions.I can only imagine that banks will try and reap profits before they adjust their rates.For now I can see two scenarios,a rise in bad debts forces them to cut their rates or using lower rates to push more loans.The latter,especially if its by the major players,might spark a rates cut.Although the problem I have with the rates cuts is that people might use this opportunity to consume(import more cars and such) and buy land without developing it waiting for it to sprout cash.Focus should be aggressively shifted to development,otherwise we'll have more government and personal debt and less revenue to pay either.

@maka unfortunately ignorance is the biggest source of scepticism and disbelief

If you checked majority of your shopping basket you will find everything generally costs the same as this time last year!
This is true all the way from bread, motor vehicles to fuel prices...

I love how Kenyans religiously believe in the inflation rate when its at 19% and suddenly demonise once it falls to 4%.. Its as if our brains only comprehend bad news!! NKT...