raila abandoned his role

Okiya

Elder Lister
Dear Customer, in line with the Central Bank Rate increase from 7.5% to 8.5%, We have amended interest rates on all Kenya Shilling loans disbursed from 2020 from 13.5% to 14.25% P.a effective 15/11/22. We remain committed to offering you competitive rates on our loans.
 

Othello

Elder Lister
Dear Customer, in line with the Central Bank Rate increase from 7.5% to 8.5%, We have amended interest rates on all Kenya Shilling loans disbursed from 2020 from 13.5% to 14.25% P.a effective 15/11/22. We remain committed to offering you competitive rates on our loans.
Lakni sielewi hawa watu pia.
In US, they are using interest rates to curb inflation after they had printed trillions of $$.
Huku inflation is mainly ju ya kutegemea the dollars...mostly because of loan repayments, na increase in demand for imports.
So our problems could be the same but the causes are different. Sasa itakuwaje they are trying to do the same thing FED is doing?
 

Okiya

Elder Lister
Lakni sielewi hawa watu pia.
In US, they are using interest rates to curb inflation after they had printed trillions of $$.
Huku inflation is mainly ju ya kutegemea the dollars...mostly because of loan repayments, na increase in demand for imports.
So our problems could be the same but the causes are different. Sasa itakuwaje they are trying to do the same thing FED is doing?
US is increasing interest rates to control inflation. Kenya is increasing interest rate to attract foreign investment.
 
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