Where to save
Money market fundBeing checked
Mali Money Market Fund (M-PESA)
Safaricom PLC (fund managed by Genghis Capital Ltd) · Regulated by Capital Markets Authority
Status unclear: reported closed to new sign-ups since 2025. Check with Safaricom before saving here.
11.49%effective annual yield for FY2023 (last official figure found)As of 31 Dec 2023May be outdatedWhere this rate came from
- Start with
- KES 100
- Open to
- Individuals
- Getting money out
- To M-PESA (min KES 10; KES 500,000 daily limit) — current processing not confirmed
- Lock-in
- None
- Fees
- Management fee 2% p.a., trustee fee 0.20%, custody fee 0.10% (FY2023 statements). Deposits and withdrawals between M-PESA and Mali free; 15% withholding tax on interest.
How to deposit
Per Safaricom page (last updated July 2024): M-PESA App (GROW section) or USSD *334# option 5. May no longer accept new registrations — see notes.
- M-Pesa Paybills
- 859528, 859551
Always confirm the Paybill and account details with the provider before you pay.
Rate history
- 31 Dec 2023effective annual yield for FY2023 (last official figure found)11.49%