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Consumers lobby sues Commercial Bank of Africa (CBA) over Mshwari mobile loan charges

NAIROBI, KENYA: The Consumers lobby group has finally sued Commercial Bank of Africa (CBA) over the controversial mobile loan rates.

Through a class action suit filed on Tuesday, the Consumer Federation of Kenya (Cofek) also sued the market regulator, the Central Bank of Kenya (CBK) for what it terms as non-compliance with the lending rates on Mshwari service.

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