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The central bank has set up a committee to monitor the stability of the financial sector with a strong focus on the pension and insurance sectors

The African Development Bank (AfDB) on Tuesday, July 17, 2012 opened books on its 125 billion Ugandan shilling medium-term note (MTN) programme.

Kenyans are set to start accessing cheaper loans as banks lower their interest rates following the reduction of Central Bank of Kenya (CBK) benchmark lending rate from 18 percent to 16.5 percent.