President Kenyatta assents to bill capping bank interest rates.

And so it has come to pass as President Uhuru Kenyatta assented to the bill that will see banks forced to cap the interest charged on loans. By signing the banking amendment bill, interest rates are set to drop to 14.5 percent, a move expected to resonate well with millions of borrowers who have accused banks of charging exorbitant interest rates. Hussein Mohammed Has The Details.