Money Matters

http://www.ntv.co.ke
Perspective on Money Matter takes a look at growth prospects for Kenya's economy.

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News & Politics

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• ntv
• Kenya
• Money
• Matters
• Steve
• Kimani
• business
• economy
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[shondeshonde]

Thanks.Yes,the emerging financial intitutions like Equity do not have minimum deposit but even this does not release enough money to enable ordinary persons operate in the bond market.Currently bonds are sold in denominations of KShs 50K and considering that Kenyas per capita income is about $300,do the math.Moreover,the fact that bonds are bundled in 50Kdoes not mean you'll necessarily get a 50K bond.Firms may wanna start from say a 20 bundle bond etc.Banking penetration remains a dismal 10%

[Zwizzlezar]

@shondeshonde WRONG!! equity, family finance and a host of other local banks have NO minimum deposit requirements hence their popularity. Also minimum thresholds for purposes of bonds trading have been reduced to 100,000, amongst the lowest in the world. Obviously your out of touch. If your information is outdated, please don't spread misinformation.

[edenskid]

Kill CORRUPTION and economic growth will JUMP...

[akissisalovelytrick]

great news; great job

[shondeshonde]

Balderdash.The truth is,ordinary people whose monies are mopped up by the local banks who in turn invest in gov securities or in the bond market can't participate in these markets due to the denominations of these securities.Moreover monetization of the Kenyan economy is so low monetary tools have little relevance to reality.Few Kenyans are banked and those who are banked are stuck with unrealistic minimum deposit requirements which is then channeled to CBK for gov cheap borrowing.SAD reality

[chaimoto]

thanks to youtube, people around the world can see africa from a different view than that potrait by regular media. people will get to see that countries like kenya is more than huts and slums. thank you ntv for this wonderful piece. nicely done.

[Savai333]

The first good thoughts I have ever heard from the CBK Governor. The NTV Reporter was also looking for the right information one needs to know, from the CBK. Good job.