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The Central Bank of Kenya (“CBK”) now has powers to regulate the digital lending business granted through amendments to the Central Bank of Kenya Act (Chapter 491 of the Laws of Kenya) (the “Act”) which took effect on 23rd December 2021.   The CBK has published draft regulations, the Central Bank of Kenya (Digital Credit Providers) Regulations (“Regulations”), setting out…

LICENSING OF DIGITAL LENDERS The amendments to the Central Bank of Kenya Act (Chapter 491 of the Laws of Kenya) (the “Act”) to give the Central Bank of Kenya (“CBK”) powers to regulate the digital lending business came into effect on 23rd December 2021.  At the same time, the CBK published draft Central Bank of Kenya (Digital Credit Providers) Regulations…

POLITICAL PARTY INTERNAL DISPUTE RESOLUTIONS To promote democracy during and after party primaries, political parties in Kenya must have internal dispute resolution mechanisms in compliance with the requirements of the law. However, all of them lack the requisite capacity to resolve party disputes.  disputes emanating from party primaries impact negatively on the performance of the party either in the disputed…

 POLITICAL PARTIES MUST ALLOW DEMOCRACY TO BLOSSOM  THROUGH TRANSPARENT PARTY PRIMARIES. The role of political parties in elections cannot be gainsaid; for they provide the most important platforms for access to political office. It therefore goes without saying that strong and sustainable political parties are imperative for the development of an open and democratic state. Such parties represent citizens and…