As Kenyans wait anxiously for the president ruling on the Banking Amendment Bill, mixed reactions by legislators and bankers continue to be witnessed.
At least, seven commercial banks have already issued notices to customers on their intention to cut interest rates in a bid to persuade President Uhuru Kenyatta not to assent to the banking amendment bill, however, that move has since been criticised by legislators.
It now emerges that the bill, seen to offer hope to thousands of Kenyans reeling under the weight of expensive loans, has not reached the president's desk.
Addressing the press on Sunday, Statehouse spokesperson, Manoah Esipisu noted that the president was aware of the proposed legislation and was expected to pronounce his decision this week.
He further noted that the president has 14 days from Monday within which to sign the bill into law or send it back to Parliament with a memorandum underlining his reasons for rejecting it.
Meanwhile, State House is expected to hold a third summit this week the summit that will focus on agriculture will see stakeholders discussing the way forward to a thriving a dynamic agricultural sector.
The State House summits are expected to continue over the weeks as the government leverages on lessons learned from the past as a way to enhance efficiency in the present and future projects.