CBK lowers the lending rate to 7.25 per cent, releases Sh35.2bn to banks
CBK also reduced the cash reserve ratio from 5.25 per cent to 4.25 per cent, which saw the bank release Sh35.2 billion back to banks.
Expensive loans back as House team throws borrowers under the bus
Despite agreeing with the President’s reservations, House team says there is stil need to protect borrowers until they clear existing loans.