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Ceilings on lending rates remain a widely used policy tool that is intended to lower the overall cost of credit or protect consumers from exorbitant rates. Interest rate caps come in many forms and scopes and, according to their rationale, ceilings can affect a small segment or the overall...
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This paper discusses the landscape for private equity and venture capital financing in Kenya. It provides an overview …/regulatory/taxation drivers and impediments that affect Kenya's private equity and venture capital industry …
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de facto pursuing a strategy more akin to a Taylor Rule. Estimations of small-scale models for Kenya, Uganda and Tanzania … place in Kenya and Tanzania. In Uganda, these errors are much smaller, in fact similar in size to Taylor Rule deviations …
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