logo

Kenya’s ratings caps have stifled the economy – Analyst

PUBLISHED: Tue, 26 Feb 2019 10:29:27 GMT

Share

Member of Parliament Moses Kuria argues that the amendments to the banking act of 2016 so banks withdrawing from lending to the private sector and individuals and this might drive Kenya’s economy into recession. Seth Marks, Regional Director for Africa at Credit Info joins CNBC Africa for more.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.