LISTEN: Top in Business – Market-driven interest rates back, Price of petrol up, 4,000 youths graduate from Generation Kenya

LISTEN: Top in Business – Market-driven interest rates back, Price of petrol up, 4,000 youths graduate from Generation Kenya

May 22, 2019 0 By mykenyancareers
HABIL OLAKA 2 - LISTEN: Top in Business – Market-driven interest rates back, Price of petrol up, 4,000 youths graduate from Generation Kenya
Kenya Bankers Association Chief Executive Habil Olaka says banks will be forced to prioritise low risk borrowers/FILE

NAIROBI, Kenya, Mar 15 – These are the business stories making headlines, on the local, regional and international scene.

All eyes are now on Parliament as following Thursday’s High Court ruling effectively giving legislators a year to amend sections of the Banking Act declaring regulating interest rates unconstitutional.

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The price of petrol, diesel and kerosene, which is regulated, has gone up by Sh1.26, 65cts and Sh2.96 respectively.

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US aerospace giant Boeing has suspended deliveries of its top-selling 737 MAX as French investigators took delivery of the black boxes from the Ethiopian Airlines crash that killed all 157 passengers and crew.