Kenyans to Trade Equities on Safaricom Mobile Phones in 2016

Updated on
  • Residents to use M-Akiba product designed to trade bonds
  • Product to run on Safaricom's mobile-money service M-Pesa

Safaricom Ltd., East Africa’s biggest mobile-phone operator, expects Kenyans to start trading stocks on their mobile phones early next year, using a product it developed to enable customers to buy government bonds, Chief Executive Officer Bob Collymore said.

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