Money Markets
Githae takes stockbrokerage services to rural investors
Finance minister Njeru Githae. Banks are set to start offering stockbrokerage services in their premises, opening up the capital markets to remote areas that are currently not served by stockbrokers. File
By GEORGE NGIGI
Posted Wednesday, June 20 2012 at 18:51
Posted Wednesday, June 20 2012 at 18:51
CMA pointed out that the merging of equity and government securities accounts would allow transactions of Treasury bills and bonds using mobile phones.
“The first stage of this process being the Treasury bills mobile direct project under development by the Treasury, Central Bank of Kenya and the World Bank,” said Mrs Kilonzo.
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