President Ruto To CBK: Facilitate Diaspora Trade Through DhowCSD

Wilson September 11, 2023

H.E the President William Ruto officially launched the DhowCSD, a new Central Securities Depository (CSD) that offers a simple, efficient, and secure portal by the Central Bank of Kenya (CBK) to enable the public to invest in Government of Kenya securities seamlessly.  In the event that was also attended by the Diaspora Affairs PS Roseline Njogu, the president commended the Central Bank for the innovative approach but challenged its administrators to ensure that the members of the diaspora community aren’t left behind. “DhowCSD has brought about a big component of transparency in our financial market,” said the President. According to the president, DhowCSD should now be made possible for Kenyans in the Diaspora who do not have a Kenyan bank account to be able to purchase Gov’t securities using other convenient means of payment. He added that this will avail the opportunity for majority of Kenyans in the Diaspora to

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admin July 4, 2023