Kenya is considering a ban on cashless payments for routine consumer transactions under a new amendment to the Central Bank of Kenya Bill 2025. The change will make it mandatory for businesses to accept physical cash for payments below Ksh100,000 ($775). This measure is designed to guarantee that all individuals including those who may lack...
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Cashless transactions face ban in Kenya if new bill passes
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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