New Rules for Loan Apps as CBK Sets Compliance Deadline

With the new regulatory framework, they will be required to disclose interest rates, late payment and rollover fees before issuing the loans. The...

What New Mobile Loans Bill Means For You

The bill places digital lenders under the ambit of CBK much like commercial banks, saccos and micro-finance institutions.

The ease of sending and receiving funds via mobile money in Kenya, as well as the country's relatively high internet penetration rate have...