Consumer protection

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CBK headquarters with banner announcing 32 new digital credit provider licenses, officials holding certificates and smartphones.
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CBK licenses 32 additional digital credit providers

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The Central Bank of Kenya (CBK) has licensed 32 additional Digital Credit Providers (DCPs), bringing the total to 227. CBK issued the announcement on April 14 pursuant to section 59(2) of the CBK Act. The move seeks to ensure adherence to laws protecting customers.

The government is launching an inquiry to tighten rules on telephone sales. Civil minister Erik Slottner (KD) leaves open the possibility of a total ban.

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Starting today more products in Germany may be labeled as marmalade. A new regulation from the Federal Ministry of Agriculture implements an EU directive and also brings changes to honey labeling.

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