The much touted entry of PesaLink to transact M-Akiba’s billions of shillings is yet to leave up to the hype. This is after Treasury collected only Sh23.2 million as at the close of last week’s trading posing doubt if the government will reach its target.
The entry of PesaLink was seen as a game changer and meant to increase the amount a single investor could bid. From Sh140,000 a day, and investor could now bid to as much as Sh1 million per transaction.