A new proposal by Kenyan Members of Parliament could soon compel businesses to accept cash payments for goods and services up to Ksh100,000. The Central Bank of Kenya (Amendment) Bill, 2025, approved by the National Assembly’s Finance and Planning Committee, aims to reinforce cash as legal tender and prevent businesses from charging extra for cash transactions.

• Businesses could face a Ksh100,000 fine for refusing cash payments.
• Suba South MP Caroli Omondi sponsored the bill, receiving committee support for its publication.
• Exceptions may include cashless payments for large amounts (Ksh500,000 and above) and continued cashless operations at government offices like Huduma Centres to curb corruption.