JUST IN: MPs Propose Fines for Businesses That Refuse Cash Payments Under New Bill 

  Kenyan businesses could soon face penalties of up to Ksh100,000 if a proposed law requiring them to accept cash payments is passed by Parliament. The Central Bank of Kenya (Amendment) Bill, 2025, currently before the National Assembly, seeks to make it mandatory for all businesses operating in physical locations to accept cash for transactions not exceeding Ksh100,000. The Bill also prohibits businesses from charging higher prices to customers who opt to pay in cash, aiming to promote fairness and inclusivity in how goods and services are paid for. According to the Bill, “Businesses selling goods and services in person must accept cash payments for transactions of up to Sh100,000. Additionally, it
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