my brokerage firm sent me this:
The prevailing high interest rates & clearance issue with Nairobi Securities Exchange have been sighted as reason to delay in launching the M-Akiba product.
Kenyan Government had intended to offer the 5 billion, 5 year retail bond at the end of October 2015. With interest rates recording 22.95% last week, the government is waiting to see how the rates in the market behave before setting an appropriate date.
We shall keep you abreast of any new developments
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'