Feature: Treasury Bills in Kenya: A Lucrative Investment or a Controversial Stopgap for Government Funds?

23 April 2025

Kenya’s Treasury Bills (T-bills) have long been a preferred investment for individuals and institutions seeking high, stable returns with minimal risk. However, recent revelations that the government has invested Ksh46 billion from the Affordable Housing Levy into short-term T-bills have reignited debates about their role—both as a profitable investment vehicle and as a temporary parking spot for stalled government projects.