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Cabinet secretary for National Treasury, Henry Rotich (left) and the Chairman of Nairobi Securities Exchange, Eddy Njoroge (right), are taken through the process of buying the new M-Akiba bond during a media briefing at Kenyatta International Conference Centre, Nairobi.
NAIROBI: Ordinary citizens will now be able to lend the government money after the State yesterday announce plans to rollout M-Akiba bond, Kenya’s first mobile-based Treasury bond that targets small investors.
According to National Treasury Cabinet Secretary, Henry Rotich, Kenyans could take part in a Sh5 billion borrowing programme by the State to be unveiled by President Uhuru Kenyatta by mid next month.
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