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Ride-hailing apps rev up investment in taxi cabs

A cab contracted to the Safiri online ride-hailing firm in Nakuru town. [Kipsang Joseph, Standard]

Investment in online taxi services is on the increase, with official data showing a surge in the number of public service vehicle (PSV) licences issued last year.

PSV licences issued between January and December 2019 rose by 10.3 per cent to 63,938 from 57,949 the previous year, according to the Economic Survey 2020 released by the Kenya National Bureau of Statistics (KNBS).

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