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Competition watchdog fines boda boda lender Sh10m for consumer breaches

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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."

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