Use of Bonga points to buy NSE shares starts on slow pace

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A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG

Bonga points purchase of Nairobi Securities Exchange (NSE) shares has been off to a slow start with Safaricom customers buying Sh600,000 worth of stocks in seven weeks.

The value of stocks bought is equivalent to 3 million Safaricom loyalty points but is just 0.015 percent of the Sh4 billion outstanding value of tokens that has remained largely unused.

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