The National Assembly has now passed proposed laws to combat money laundering and terrorism.
The Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025, seeks to align the country's laws with the global standards.
Once signed into law, Saccos, NGOs, betting firms and mining organisations will be required to comply with stricter regulations.
The civil society organisations will be expected to be fully declare their financial sources or face closure.
