Ride-hailing shuttle SWVL was on Monday suspended by
National Transport and Services Authority (NTSA) just a month after it pumped in
Ksh1.5 billion into Kenya’s transport sector.
The government was quick to confiscate its license over
claims that it was running its operations illegally.
In a statement, NTSA director-general Francis
Ride-hailing tech firm, little shuttle is under immense pressure to close down its business by October 1.
According to the Little shuttle CEO Kamal Budhabhatti, he
received communication from the government to wind up the business over claims
that the shuttle was not dully registered.
“We have been informed
Shuttle-hailing firm SWVL has announced plans to invest Ksh1.5 billion ($15 million) into Kenyan transport operations. The start-up will enable riders to hail shuttles operating on fixed routes and timings from their mobile phones.
SWVL Co-Founder and CEO, Mostafa Kandil, made the
announcement in a press