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Tuesday, December 7, 2021

President Kenyatta Signs Into Law the CBK Amendment Bill That Finally Regulates Online Lenders

President Kenyatta has signed into law the Central Bank Amendment Bill, 2021. The development means that the CBK has the power to tame various parts of online lending, including loan apps that have terrorized Kenyans because of their punitive rates and aggressive loan recovery methods. The CBK has also been given powers to determine the […]

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