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Saturday 18 May 2024

2021-02-19

[B] FDA recalls contaminated pet foods from market
[B] Oppong Nkrumah explains why his microfinance firm collapsed

2021-02-18

[B] 'Money-doubling', 'card-loading' schemes illegal; stay away from them – BoG warn
[B] Producer price inflation hits 9.1%
[B] COVID-19 test at KIA: I wasn’t privy to procurement processes
[B] Mahama Ayariga wants retirement age extended from 60 to 65
[B] Alpha Lotto, NLA on collision course over operation
[B] Time to tax MoMo proceeds - Ursula Owusu Ekuful
[B] Is SSNIT top job up for grabs?

2021-02-17

[B] Number of advertised jobs declined sharply in quarter 3 2020 – BoG survey
[B] I’m not responsible for $134 million GCGP judgement debt – Boakye Agyarko
[B] Ursula Owusu ‘sweats’ over Akufo-Addo’s law firm at vetting
[B] OccupyGhana takes on Kan Dapaah over comments on Auditor-General’s independence
[B] Delay in paying contractors was due to impact of Covid-19 – Kwasi Amoako-Atta

2021-02-16

[B] Meet Peter Akwaboah, Morgan Stanley’s new operating chief
[B] I Am Not Behind Closure Of 51 Radio Stations - Ursula Owusu-Ekuful
[B] A ‘higher authority’ than ministers to blame for looming judgement debt
[B] Ken Ofori-Atta put Akufo-Addo’s transformation agenda ahead of his health
[B] NCA not ready to takeover telco revenue monitoring platform from KelniGVG
[B] Government did not pay for COVID-19 Tracker App – Ursula

2021-02-15

[B] Don’t patronise illegal digital short code- National Lottery Authority warns
[B] Don’t patronise illegal digital short code- National Lottery Authority warns
[B] GhIPCON 2021 set for March 10-11
[B] Agyapa Royalties transaction in national interest — Godfred Dame

2021-02-14

[B] CEO of Bluegrass Limited Kwadwo Darko-Mensah ‘Onasis’ arrested, detained
[B] Police advise stricter security at fuel stations
[B] Police in Esiama Foil Robbery Attempt on Ecobank

2021-02-13

[B] Government focused on creating enabling environment for businesses to thrive
[B] I’ll tackle opacity in oil cash utilisation – Napo assures
[B] BESSFA Rural Bank opens two new branches in NER
[B] Kumasi Race Course traders threaten to stop paying tax over neglect

2021-02-12

[B] IGP directs police to protect tomato importers travelling to Burkina Faso
[B] NIC Develops Compulsory Commercial Fire Insurance
[B] Timing of Databank’s withdrawal questionable

2021-02-11

[B] SSNIT declares GH¢512 million in savings since 2017
[B] Chief influences investors to revamp Zuarungu Meat Processing Factory
[B] Data Bank pulls out of Agyapa deal as transaction advisors
[B] Patience Akyianu joins Hubtel as non-executive director

2021-02-10

[B] Stop tagging professionals as politicians – Databank CEO
[B] Growth rate of bank loan advances slows in 2020
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Business

[ 2017-03-20 ]

Uber Kenya hikes fare by 20 percent after strikes
The Kenyan unit of U.S. ride-hailing firm Uber
Technologies Inc has increased its fare by 20
percent, a move that follows protests and strikes
by Uber drivers who said a lower fare made their
service uneconomical.

Uber, which operates in several African countries,
cut its fare in Kenya to 35 shillings ($0.3400)
per kilometre last year, after local rival Little
backed by Kenyan telecoms operator Safaricom Ltd
– introduced a service with a lower price.

Uber drivers have staged regular strikes and
protests in Nairobi in recent weeks over the low
fare, local media reported.

Lawmakers and ministry of transport officials also
supported a higher price.
The company has now raised its fare to 42
shillings per km.

“We believe driver-partners will earn more as a
result of these changes,” Uber Kenya said in a
statement on Thursday.

As in other markets, Uber drivers in Kenya
initially faced opposition and sometimes hostility
from other taxi drivers. In March last year, six
men were charged with attempted murder and
malicious damage to property over an attack on an
Uber driver.

Source - CNBC Africa



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