The monthly chama meetings are the backbone of how millions of Kenyans save, and they happen in living rooms, church halls or rented function rooms. Over the years, Chamas have bought land, rental units, Treasury bills and money market funds from regular contributions by their members. A new agenda item now takes up a large share of discussion time at many of these meetings, and it frequently draws extended debate among members. Young members typically propose testing CFD trading, since many are already accustomed to trading through mobile apps. Their…
CFD Trading Sparks Debate Over Risk Appetite in Kenya’s Investment Chamas
