Digital lenders call for laws that will spur sector growth

Digital lending is plagued by a lack of transparency. FILE PHOTO | NMG

Digital lenders have asked legislators and the Central Bank of Kenya (CBK) to enact non-restrictive laws that will spur the growth of the sector.

This comes in the wake of the Central Bank of Kenya (Amendment) Bill, 2020 that seeks to curb high digital lending rates.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.