CBK To Regulate Interest Charged by Mobile Lenders in Mooted Changes

The proposal also seeks to have CBK approve increases in digital lending rates alongside other charges

Digital Lenders Waive Late Repayment Penalties For Borrowers

17 major mobile lenders agree to put brakes on micro-loans collection during the Coronavirus outbreak period

Kenyans are more informed and are actively exploring other options that suit their budgets particularly mobile money lenders.

Besides advancing loans at exorbitant rates to Kenyans, Mobile lenders could be commercialising users data

Central Bank of Kenya (CBK) Governor Dr Patrick Njoroge was on Wednesday put on the spot over failure to regulate mobile lenders who...