A Kenyan lawmaker, Caroli Omondi, has suggested a new law called the Central Bank of Kenya (Amendment) Bill 2025. This law would make it against the rules for shops and businesses with real locations to refuse cash for payments under $775. If they don’t follow this rule, they could be fined or sued.| Finance in Africa
The Central Bank of Kenya (CBK) has cut its key interest rate to 9.75%, aiming to stimulate private sector lending and boost economic activities.| Finance in Africa