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Radio Generation Kenya
Radio Generation Kenya

lower borrowing costs

The Cabinet Secretary for Investments, Trade and Industry Lee Kinyanjui when appeared before the National Assembly Committee on Trade, Industry and Cooperatives on Wednesday in Parliament. PHOTO/David Bogonko Nyokang’i
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CS Kinyanjui explains drop in Bank loan rates from 19% to 12%

The Trade Cabinet Secretary said the reduction had made credit more affordable for individuals and businesses, attributing the change to prudent management of public finances and increased funds available within the banking sector