M-Akiba missed the Sh500m target despite gaining 51,461 new accounts. The National Treasury (TNT) reported that the M-Akiba Retail Infrastructure Bond issue “Re-Open 3 of August 2019” raised Sh263 million.
Fitch Ratings-London-04 September 2019: Kenyan banks' earnings and loan growth will stay subdued while the country's lending rate cap remains in place, Fitch Ratings says in a new report.
Kenya Revenue Authority has moved Capital Gain Tax (CGT) administration to a digital system to minimize incidences of tax avoidance. The government agency intends to increase its Capital gains tax collection through the I-tax system.
The Treasury is reopening its ground-breaking mobile-based bond M-Akiba for the third time seeking to raise Sh500 million from investors.
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