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Treasury News

M-Akiba listed today at Nairobi Securities Exchange

The National Treasury Cabinet Secretary Henry Rotich has today launched the World’s first Mobile-based Government bond, M-Akibatrading which marks the start of the Secondary Market in this Special Limited Offer by “Ringing the Bell” at the Nairobi Securities Exchange Trading floor.

Press Release - M-Akiba Closure of Special Limited Offer

By the Cabinet Secretary / The National Treasury - Mr Henry Rotich’s on occasion of the Closure of the M-AKIBA Special Limited Offer at the National Treasury –5th April 2017
Good Afternoon,
The Special Limited Offer M-Akiba Bond has now been closed.

Cost of maize flour to cost Sh115 by next week

The price of a 2 kg packet maize meal is expected ease gradually from the current retail price of Sh153 to Sh115 after the National Treasury Cabinet Secretary Henry Rotich zero-rated the grain last week during the reading of the budget statement in the National Assembly.
A sustained price stabilization is expected once the National Cereals and Produce Board (NCPB) start releasing I million bags of maize today to address the current high maize prices in the country.

Budget day 2017

Nairobi, March 30, 2017

Cabinet Secretary for The National Treasury Henry Rotich arrives at the National Assembly today, March 30, 2017 to read the Budget Proposals for the year 2017/2018.

Mini Launch of the Special Limited Offer of M-AKIBA Bond

Nairobi Thursday, March 23, 2017

The National Treasury Cabinet Secretary, Henry Rotich flanked by Lands Cabinet Secretary, Prof Jacob Kaimenyi (Left) and Principal Secretary, Dr Kamau Thugge,  speaks today, March 23, 2017 when he officiated the mini launch of the Special Limited Offer of M-AKIBA Bond at the National Treasury in Nairobi. This is ahead of the main Bond which will be launched by the President in June this year.


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