Lawsuit Targets Mogo, Petition Challenges Cyber Law, and IRA Proposes Crypto Insurance Rules in Kenya - October 2025

Asset financing firm Mogo Auto Limited is facing a representative lawsuit over alleged predatory lending practices, including unfair loan terms and hidden charges, which claimants say have caused hardship for thousands. In a separate legal action, musician Reuben Kigame and the Kenya Human Rights Commission (KHRC) have petitioned the High Court to invalidate the new Computer Misuse and Cyber-crimes law. The law, signed by President William Ruto on October 15, 2025, is argued to grant the state excessive power to surveil and silence critics. Meanwhile, the Insurance Regulatory Authority (IRA) has proposed new draft regulations that would allow Kenyans to insure their cryptocurrencies and other virtual assets.

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Wednesday 3:23 PMCapital Business

Mogo sued over unfair loan terms, hidden charges

Asset financing firm Mogo Auto Limited is facing a representative lawsuit over alleged predatory lending practices, including unfair loan terms and hidden charges, which three Kenyans claim have caused financial hardship for thousands of borrowers.