safeboda.jpg

4000 Workers To Lose Their Jobs In Kenya After Ride-Hailing Startup, SafeBoda Ceases Operations

News

Startups

Nov. 20, 2020, 11:38 a.m.

4000 workers have been affected after ride-hailing startup SafeBoda quit after two years of operation in Kenya.

The Ugandan-funded startup pulled out of Kenya after the business was severely affected by the coronavirus.

Initially launched in Kampala, the motorcycle-hailing company connects passengers with motorcycle taxi drivers, while also offering additional financial services.

According to the company the country is still reeling from the impact of the COVID which has taken a massive toll on the business and as such they cannot sustainably operate in this environment and unfortunately a timeline for a full recovery is not certain.

“This decision is a hard one for SafeBoda to make. We know that this will negatively impact our community of Boda Boda drivers” the startup added

Customers have been asked to exhaust their e-wallet by November 27. The company will however offer refunds to customers with balances beyond the exit day.

Although the firm is leaving the Kenyan market, SafeBoda says it will intensify its operations in Uganda and Nigeria.

Do you have an article that can be relevant to the African Tech space?

Submit your news stories, articles or press releases to editor@digitaltimes.africa


Or

tag: Africa, employment, Youth Development, Nigeria, Uganda, Job Security,

Verny-profile2.jpeg

Verny Joy Author

Verny loves to write poetry, fiction and quotes. Her love for writing landed her in journalism. She loves gadgets and travelling to explore new places.

ADVERTISEMENT