{"id":33191,"date":"2021-08-09T16:30:28","date_gmt":"2021-08-09T16:30:28","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=33191"},"modified":"2021-08-09T14:05:38","modified_gmt":"2021-08-09T14:05:38","slug":"safaricom-customers-to-invest-on-nse-using-bonga-points","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points","title":{"rendered":"Safaricom customers to invest on NSE using Bonga points"},"content":{"rendered":"

Africa-Press<\/a> – Kenya<\/a>. <\/strong><\/span>Safaricom and Nairobi Securities Exchange have announced a partnership to enable Kenyans invest in shares using their accrued Bonga points.<\/p>\n

The service is available to all Safaricom customers, who can redeem their points through licensed Trading Participants, with 10 already activated.<\/p>\n

To invest, customers will redeem their points at a rate of Sh1 for every 5 points via the \u2018Lipa Na Bonga\u2019 menu on USSD *126# or MySafaricom App.<\/p>\n

Customers will then key in the Trading Participant\u2019s Paybill number followed by their CDSC (Central Depository and Settlement Corporation) account number.<\/p>\n

\u201cThrough this partnership, we seek to give our customers more value and utility for their Bonga Points while creating more avenues for driving economic empowerment,\u201d Safaricom CEO Peter Ndegwa said.<\/p>\n

NSE CEO Geoffrey Odundo said they intend to unlock more investment opportunities to investors using convenient and innovative solutions.<\/p>\n

“It further provides an avenue for retail investors to participate in the NSE and is coming on the backdrop of the stock market\u2019s recovery following the COVID-19 pandemic,\u201d Odundo said.<\/p>\n

The Bonga loyalty scheme, which was introduced in 2007 to reward customers for using Safaricom\u2019s products and services, has seen both retail and corporate customers accumulate 16 billion points, valued at over Sh4 billion.<\/p>\n

Customers accumulate a point for every Sh10 spent on voice, data, SMS and M-PESA charges.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Safaricom and Nairobi Securities Exchange have announced a partnership to enable Kenyans invest in shares using their accrued Bonga points. The service is available to all Safaricom customers, who can redeem their points through licensed Trading Participants, with 10 already activated. To invest, customers will redeem their points at a rate of […]<\/p>\n","protected":false},"author":84,"featured_media":33190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-33191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nSafaricom customers to invest on NSE using Bonga points - kenya<\/title>\n<meta name=\"description\" content=\"Safaricom and Nairobi Securities Exchange have announced a partnership to enable Kenyans invest in shares using their ac ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Safaricom customers to invest on NSE using Bonga points\" \/>\n<meta property=\"og:description\" content=\"Safaricom and Nairobi Securities Exchange have announced a partnership to enable Kenyans invest in shares using their ac ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-09T16:30:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/08\/img-6111361d8661d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Safaricom customers to invest on NSE using Bonga points\",\"datePublished\":\"2021-08-09T16:30:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points\"},\"wordCount\":228,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/08\/img-6111361d8661d.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/safaricom-customers-to-invest-on-nse-using-bonga-points\",\"name\":\"Safaricom customers to invest on NSE using Bonga points - 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