THE Kenyan parliament has approved a bill capping interest rates commercial banks can charge, which until this week were as high as 30%. Once signed into law by President Daniel arap Moi, the bill, tabled by opposition MP Joe Akech Donde, will cap interest rates at three points above that of the central bank’s 90-day treasury bills. The draft law won support from across the political spectrum. Donde this week accused Finance Minister Chrysanthus Okemo and Vice President George Saitoti of having taken bribes to block the bill. – AFP