×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Bus-hailing service Swvl shuts commuter service, cites tough economic times

Vocalize Pre-Player Loader

Audio By Vocalize

Egyptian bus-hailing service Swvl has announced plans to shut its intra city rides in the country effective Friday, June 3, citing tough economic times.

The company that ventured into the Kenyan market in July 2019 also suspended Swvl Travel from May 30.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • 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
Business
Big win for Ruto as court clears path for sale of key State firms
By Brian Ngugi 23 hrs ago
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified