A shot at restoring order in mobile loans market

MobileLoan

Denis Ogana speaks to Nation Journalists at his workstation at Jua Kali in Kisumu CBD. NMG PHOTO | TONNY OMONDI

Following nearly three years of complaints against some rogue digital lenders, the Central Bank of Kenya(CBK) has moved to regulate the sector and instil discipline.

In a new law aimed at protecting consumers, the regulator has set tough rules that are among other things aimed at safeguarding the privacy and curbing exploitative rates.

PAYE Tax Calculator

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