Kenya: M-Pesa cash limit to go up after Sh3,000 mobile bond opens

Plans are in the offing to raise the daily mobile money transaction ceiling from the current Sh140,000 to accommodate higher purchases for a government bond exclusively sold via mobile phones.Treasury Cabinet Secretary Henry Rotich said the move is aimed at allowing those with a higher ability to buy the mobile phone-based bond, called M-Akiba, as the…

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