More than 17,000 Kenyans had taken up the mobile phone-based government security in the first 24 hours, raising over Sh16 million as more Kenyans expressed appetite for the low-risk investment option.
The newly launched government bond purchase, M-Akiba was headed towards the 15 per cent subscription by the close of the second day, of trading raising hopes for a new channel for local borrowing to finance infrastructure growth.
