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Kenyan MP Ndindi Nyoro Pushes to Bar Foreign Takeover of Local Banks
Kenyan Member of Parliament Ndindi Nyoro has called for restrictions on foreign acquisitions of Kenyan banks, citing concerns about ceding strategic financial sector control to international investors. The proposal is yet to gain formal legislative traction.
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- Ndindi Nyoro wants Kenya to keep local banks in Kenyan hands as foreign takeover pressure grows · techtrendske.co.ke · T2