Redefining Digital Finance: Kenya’s Bold Move to Regulate the Fintech Frontier In a landmark shift, Kenya’s digital lending landscape underwent a seismic transformation in December 2024 with the enactment of the Business Laws (Amendment) Act. This pivotal legislation expanded the Central Bank of Kenya’s (CBK) oversight to encompass digital credit providers, marking a decisive step… Continue reading Redefining Digital Finance: Kenya’s Bold Move to Regulate the Fintech Frontier
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KUSCCO Crisis Exposes Regulatory Gaps: Implications for Kenya’s SACCO Sector and Revival Prospects
KUSCCO Crisis Exposes Regulatory Gaps: Implications for Kenya’s SACCO Sector and Revival Prospects In a shocking revelation that has sent ripples through Kenya’s financial sector, a damning forensic audit by PricewaterhouseCoopers (PwC) has laid bare the extent of mismanagement and fraud at the Kenya Union of Savings and Credit Cooperatives (KUSCCO), the umbrella organization for… Continue reading KUSCCO Crisis Exposes Regulatory Gaps: Implications for Kenya’s SACCO Sector and Revival Prospects
Kenya’s Carbon Credit Market: Navigating Growth, Regulation, and Global Climate Ambitions
Kenya’s Carbon Credit Market: Navigating Growth, Regulation, and Global Climate Ambitions In the fight against climate change, carbon credits have emerged as a critical tool for reducing global greenhouse gas emissions. For Kenya, a nation acutely vulnerable to climate impacts, this market represents both an economic opportunity and a pathway to sustainable development. However, recent… Continue reading Kenya’s Carbon Credit Market: Navigating Growth, Regulation, and Global Climate Ambitions