This, therefore, removes the necessity for provisions to regulate a “controlling shareholder”, as obtains for banks and insurance companies. •  Finally, the Draft Credit Union Bill upholds the principle of “service to members”. As such, credit unions can engage in non-financial activities, up to a limit.
Njuguna Ndung’u: Costs of collateral in Kenya Remarks by Prof Njuguna Ndung’u, Governor of the Central Bank of Kenya, at the Launch of the Study Report on “Costs of collateral in Kenya”, Nairobi, 24 March 2010. *  *  *  Hon.