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President Ruto’s rates cut push heralds new era
President William Ruto shakes the hand of Safaricom CEO Peter Ndegwa after meeting with the telco and banks executives over Fuliza charges review. PHOTO | DIANA NGILA | NMG
President William Ruto has been a proponent of single-digit lending rates.
At a recent tripartite event involving Safaricom, KCB and NCBA, he reiterated the same call. But it’s not the first time he is making the push for single-digit lending rates.
