V.  East Africa community harmonization of legal and prudential supervisory rules and practices  As part of the ongoing integration of the East African Community (EAC) member states, the EAC Central Banks are in the process of harmonizing their supervisory prudential rules. This will enhance the performance of Kenyan banks covering the EAC region.
Several large scale projects in the country have remained stalled due to lack of environmental clearances, cancellation of coal block allocation, falling through of the fuel supply arrangements, local protests etc. Now, where do you bracket these promoters or the lending banks? Do you brand such promoters as wilful defaulters or such lenders as ill-motivated?