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Business Economy Markets
October 1, 2019
Lawrence Baraza
0

SWVL suspended in Kenya after pumping in Ksh1.5 bn in transport sector

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

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Business Economy Markets
October 1, 2019
Lawrence Baraza
1

Little shuttle, SWVL cry foul over pressure to shut down operations in Kenya

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

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Business Economy Markets Travel
August 30, 2019
Lawrence Baraza
0

SWVL invests Ksh1.5 billion into Kenya’s transport system

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

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