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Govt launches Sh1 billion M-Akiba mobile-based bond in second offer

National Treasury CS Henry Rotich(left) and Principal Secretary Kamau Thugge during the launch of the M-Akiba at Treasury building in Nairobi on March 23, 2017. FILE PHOTO | NMG

By  MUTHOKI MUMO

The Treasury has launched the Sh1 billion second phase of the mobile phone-based retail bond M-Akiba.

The government has, however, left the door open to raise Sh3.85 billion more money through M-Akiba should there be demand.

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