Regulation of digital credit providers under Section 44(a) of the Banking Act

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25 Feb 2026 Asked by Munyi Mundigi Cabinet Secretary for National Treasury Oral Pending

Question

I would like to find out from the Cabinet Secretary what measures the National Treasury is taking to ensure that digital credit providers do not violate Section 44 (a) of the Banking Act, which simply states that interest should never exceed the principal.

No response recorded yet.