Ndungu is just not serious, as he raised the CBR to 18% he has offloadede the cash they have been feverently mopping out of the market in the last few weeks back to the commercial banks.

by last week the overnight lending rate was high as 35% and after the offload the rates have dropped to around 18%.

this guy has created a window for commercial banks to milk the common mwanainchi dry as the bank will continue peddling the rates have been raised while they are enjoying cheap sources of capital however short term it is.

who will save wanjiku,en was supprised to hear james mwangi say rates will come down by june, what factors did he/they concider and not march??

Agree,

Too bad that his earlier success to expand reach of financial services goes down this way.

Hi poor reading of the policy shift demand has proved to be his Achilles’ heel.

The earlier he vacates Haile Selassie Avenue the better

Surely if you are the worst at anything in Africa then automatically you are the worst in the world.
I'm no expert but I remember the good prof assuring us that when it rains the inflation will go down, it's been raining elephants and everything is still going up! But I'm surprised the parliamentary finance committee has not summoned this guy to ask him how he has single-handedly managed to screw the economy of a country.

Frankly, many of us here have built and grown our asset columns under his tenure. Vindicating such a man esp.on items out his control is uncalled for. Ama?

Rated better by what yardstick...Rain maker? Farmer? Oil producer or market maker? Custodian of fiscal policy? (PS Kinyua/UK)