Kenyan stock exchange launches SMS service

Investors at the Nairobi Stock Exchange will now lodge their complaints and queries on shares and transactions at their convenience. Capital Business reports.

The new service will make the stock market more approachable for investors where they will be able to get information of how the bourse operates or even raise issues they may have.

Complaints and queries are lodged by sending a message, via Safaricom and Zain, to 8485 at Sh10 per message.

Before the introduction of the CHU, investors had to shuttle between the NSE, the market regulator Capital Market Authority and Central Depository Settlement Corporation (CDSC) to raise concerns.

The new service is seen as an alternative to the web-based portal, bringing convenience to especially those in the rural areas without access to internet.

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emily | 8:13 AM | New SMS Services, SMS and Banking |
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