Kenya's National Assembly is addressing concerns over exorbitant interest rates on loans after a petition was filed to amend the Consumer Protection Act Cap 501. The petition seeks to enforce the in duplum rule, aiming to protect borrowers from predatory lending practices that see interest charges exceed the original principal.

• The in duplum rule, currently under Section 44A of the Banking Act, limits interest on non-performing loans to the outstanding principal.
• The petition was brought forth by Senior Counsel Allen Waiaki Kishore.
• National Assembly Speaker Moses Wetang'ula confirmed the petition has been committed to the Public Petitions Committee for review.