Central Bank of Kenya (CBK) Amendment Bill

2 Articles

Among other things, digital lenders have been accused of exploitative lending, debt shaming, money laundering and illegal mining of private customer data. [Photo/ Cathryn Virginia | NBC News]

ECONOMY

Digital Loans to Flow Once Again as CBK Backs Apps’ Return to CRBs

Central Bank of Kenya (CBK) Governor Patrick Njoroge has called for digital lenders to be allowed to resume reporting loan defaults to Credit...

MARTIN SIELE2 Mins read

A mobile phone user on their device. Mobile loan apps in Kenya have been accused of numerous unethical practices.

BUSINESS ECONOMY

End of an Era? Loan Apps in Kenya Face Closure Over New Bill

The government-backed Central Bank of Kenya (CBK) Amendment Bill of 2020 has continued to chug along in Parliament, proposing a raft of far-reaching...

MARTIN SIELE2 Mins read

Central Bank of Kenya (CBK) Amendment Bill

Digital Loans to Flow Once Again as CBK Backs Apps’ Return to CRBs

End of an Era? Loan Apps in Kenya Face Closure Over New Bill

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