Tag: digital economy regulation Kenya

Digital Debt and the Law: Why Kenya’s Watchdogs Are Now Paying Attention

The Competition Authority of Kenya (CAK) is set to launch an investigation into the digital sector after receipt of multiple complaints of abuse by digital lenders. The complaints raised include concerns about exorbitant interest rates, non-disclosure of information regarding the loans, requirements to repay the loans in currencies other than the Kenyan shilling, and irregularly […]...