President Uhuru rejects rate cap – how will this impact Kenyan banks?

President Uhuru Kenyatta rejected to approve the Finance Bill and further asked Members of Parliament to scrap commercial lending rate caps that critics say have led to a credit squeeze. To overturn the President’s memorandum, MPs require to marshall a two-thirds majority by 10th of October when they resume their sessions. Reginald Kadzutu, Economic Analyst joins CNBC Africa for more.

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Star Quality Speaker Line-Up at Africa Tech Festival 2020

Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.

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