Souhir Mzali: ALL BLOG POSTS

While numerous factors have contributed to Kenya’s declining GDP expansion rate, one of the main reasons is the slowdown in private sector credit growth as a result of the interest rate cap introduced in 2016. In the inaugural OBG Business Barometer: Kenya CEO Survey, 89% of CEOs say that the newly imposed interest
rate cap has made it more difficult or much more difficult to access credit. Despite this, overall sentiment about Kenya’s economic outlook remains positive, with 75% of respondents saying that it is likely or very likely that their company will make a significant investment within the next 12 months.