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Kenya's Safaricom small investors barred from bond offer

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Safaricom CEO Michael Joseph. Photo/FILE

Safaricom CEO Michael Joseph. Photo/FILE 

By JOSEPH BONYO
Posted  Wednesday, October 7  2009 at  13:40

Interest will be paid semi annually, she said.

The bond is also expected to commence trading at the Nairobi Stock Exchange at the end of November 2009.

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Add a comment (1 comments so far)

  1. Submitted by feistyfeline

    It's actually a good thing so that its more efficient to trade in bonds, its better to have institutions buy bonds and retail can invest through institutions.

    Posted  October 08, 2009 12:31 PM