BDC ban: A step in the right direction but… - By: .

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BDC ban: A step in the right direction but… - By: .
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OPINION The ban is one of the long-awaited, best, and bravest policy moves by the Central Bank in recent times. It is therefore worthy of commendation.

The ban is one of the long-awaited, best, and bravest policy moves by the Central Bank in recent times. It is therefore worthy of commendation. The move will likely yield two outcomes. First, it will vanquish existing ill-driven political interest that has been thriving at the expense of the local currency , and consequently the nation’s economic progress.

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