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CA to revoke license of Safaricom-backed Courier Operator

By Dominic Omondi | Published Mon, September 4th 2017 at 00:00, Updated September 4th 2017 at 11:51 GMT +3

The Communications Authority of Kenya will revoke the licence of an international courier operator backed by Safaricom.

In a Gazette notice dated September 1, the communications industry regulator gave a seven-day notice to any person wishing to contest the decision to close down Sendy Ltd to come forward.

ALSO READ: What is this driving Safaricom stock's market rally?

The notice, signed by CA Director General Francis Wangusi, did not give a reason for the decision.

“Notice is given, pursuant to the provisions of the Kenya Information and Communications Act, that the Communications Authority of Kenya will revoke the international courier operator licence held by Sendy Ltd within seven days from the date of this Gazette,” read part of the notice.

Mobile technology

Sendy Ltd, which was one of the beneficiaries of Safaricom’s Sh102 million Spark Venture Fund, describes itself as an e-courier platform.

Spark Venture Fund supports local mobile technology start-ups. Other beneficiaries include Little Ride, a taxi-hailing business.

Last year, Sendy ventured into the ride-hailing business that offered boda boda services.

It had created an app that connected independent motorbike riders with clients who need courier services.

ALSO READ: Why Safaricom is betting on big data to rake in billions


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