×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Competition watchdog fines boda boda lender Sh10m for consumer breaches

Motorbikes belonging to Members of Digital Boda Drivers and delivery Association parked during a security consultative Meeting on the issues affecting the industry at Nairobi Green Park terminus on Sunday, August 04, 2024. [File, Standard]

The Competition Authority of Kenya (CAK) has slapped Mogo Auto Ltd, a digital lender popular among boda boda operators, with a hefty fine for engaging in consumer breaches.

The regulator said the firm's operations were marked by "misleading representations and unconscionable conduct."

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in