Columns

Banking In East Africa: Recent Trends and Outlook, By Rafiq Raji

...top-of-mind amongst bankers in East Africa is the expectation that the Kenyan government would repeal the law capping interest rates. Since the legislation, credit has slowed. Mr. Mutua lets in on his expectations: “We expect the interest rate caps to be repealed through an act of parliament - sometimes in…
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Opinion

Kenya: Jittery Markets Should Keep Calm, By Rafiq Raji

Considering how high the stakes are, anything short of a credible poll this time around would almost certainly lead to violence. Fellow economists view these developments as short term risks to Kenyan asset, with the shilling likely to be volatile consequently. The political outlook would thus be on the top-of-mind…
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Opinion

Ethnic Politics and the 2017 Kenyan Elections, By Rafiq Raji

Even as ethnic loyalities run deep, however, voting choices may not necessarily be ethnically homogenous. Considering Deputy President William Ruto is a more influential Kalenjin, Mr Isaac Ruto, who has boasted of bringing at least one million Kalenjin votes to the table, cannot be so confident, for instance. And the…
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