Companies, including East African Breweries Plc (EABL) and Crown Paints, are looking at lower financing costs on loans whose charges are pegged to government benchmark rates following the recent fall in domestic Treasury bill rates and the decision by the US Federal Reserve to resume its base rate cuts from this month.
Treasury bill rates have halved from a range of 15.8 to 16.9 percent a year ago to the current 7.94 percent to 9.53 percent across the three to 12-month tenors.
