HomeTagsCentral Bank of Kenya (Amendment) Bill of 2020

Tag: Central Bank of Kenya (Amendment) Bill of 2020

Mobile Loans: New Bill Changes Lenders’ Playbook

The ease of sending and receiving funds via mobile money in Kenya, as well as the country's relatively high internet penetration rate have contributed to their rise. These factors, combined with Kenya's youth unemployment rate (39% according to 2019 Census data) has created a monster that has left financial services regulators scratching their heads.