Clear up uncertainty on digital lenders’ licences

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Central Bank of Kenya Governor Patrick Njoroge on December 1, 2022. PHOTO | LUCY WANJIRU | NMG

Reports that the Central Bank of Kenya (CBK) has delayed giving some of the micro-lenders the licences to operate in the country bodes ill for the country's business environment.

Getting a regulatory nod ranks top among the metrics used to measure a country's ease of doing business.

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