Treasury makes third stab at M-Akiba bond

M-Akiba is largely a savings vehicle, with the Government hoping that its uptake will help mobilise savings among Kenyans. [Courtesy]

Treasury intends to borrow Sh500 million from ordinary Kenyans after it re-opened the mobile-based M-Akiba infrastructure bond.

It will be the third time the Government is going for the retail bond that has had mixed results since being unveiled in June 2017.