Lending rates are the biggest cause of unhappiness amongst Kenyans, according to the Hanke (by Economist Steve Hanke) Annual Misery Index (HAMI) 2022. While the country is reeling from unprecedented economic pressure, with inflation hitting a high of 9.59% in October 2022, runaway lending rates are what cause Kenyans the most misery. In 2022, a majority of banks saw their overall lending rates increase as the government increased the benchmark rate for the first time in about seven years from 7% to 7.5%. for instance, according to data from the Central Bank of Kenya, popular banks such as Equity, KCB…