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Treasury gets tough on PesaLink over M-Akiba bond

The M-Akiba bond is traded via mobile phone.

Treasury has given Integrated Payment Services Ltd, the owners of PesaLink, an ultimatum to deliver the target for the mobile-based M-Akiba bond by Saturday or be kicked out.

The Standard has learned that a crisis meeting was called Thursday after the Government realised they could not meet the set targets.

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