The average Ziidi trade size over the period to May 6 was Sh2,872.60, compared with the overall market average deal size of Sh63,950.
By
Kepha Muiruri
Business Reporter
Nation Media Group
About 84,000 small investors bought shares on the Nairobi bourse through the M-Pesa stock-trading platform, Ziidi Trader, between February and March this year, underlining the impact of mobile financial platforms in revitalising retail market participation.
Kenya has already proved that digital payments can bridge the financial inclusion gap. Its next challenge is to build an…
Mobile money emerged as one of the strongest growth drivers.
Sale of stake in Safaricom and M-Pesa, global pioneer of mobile money, will go towards new infrastructure fund
Kenya’s tier-1 banks have largely exhausted the pool of new digital users, and I&M Group’s disclosure that 98% of its customers…
Real estate developer Shivo Tanzania has reported strong early-stage growth, signalling rising investor confidence in Zanzibar’s…
The $150 million financing deal is expected to enable the sale of about 1.4 million solar home systems to Kenyans, most of whom…
Zanzibar real estate firm posts strong early growth as Paje projects gain momentum
