Sat, 04-Apr 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    NTSA Renews Little Cab, Bolt Online Taxi License

    Fred
    By Fred Obura
    - October 31, 2023
    - October 31, 2023
    Kenya Business news
    NTSA Renews Little Cab, Bolt Online Taxi License

    The National Transport and Safety Authority (NTSA) has renewed licenses of two ride hailing companies, days after back and forth with one of the operators over unmet demands.

    Bolt which earlier had issues with the regulator in renewing the license got a greenlight to continue operations in the Kenyan market, joining Little which also secured the nod late Monday.

    NTSA had earlier declined to renew Bolt’s operating licence in Kenya until numerous complaints from drivers, including booking fees and illegal commission charges, were ironed out.

    Bolt suspended the booking fee pending clarification with NTSA around the interpretation of the regulation on this particular matter which is currently ongoing, while maintaining its commission structure at 18 per cent.

    “We are happy to receive the renewal of our operating licence from the NTSA, after collaborative dialogue between key stakeholders within the industry. This accomplishment reflects our ongoing commitment to providing viable earning opportunities to drivers on our platform, and providing reliable and cost-efficient services to our customers,” Linda Ndungu, Bolt’s Country Manager, said.

    “It also reaffirms our steadfast commitment to ensuring a secure platform for all users on our platform. We have consistently worked towards meeting the necessary regulatory requirements, and this renewal attests that we continue to be a trusted and compliant player in the ride-hailing sector,” she added.

    The new NTSA rules to acquire license require tax compliance certificates issued by the Kenya Revenue Authority (KRA), certificates of incorporation, policy and procedure for how clients can activate and deactivate the app.

    NTSA has also published regulations to cap commissions charged by digital taxi operators in the country on drivers at 18 per cent per trip.

    “Happy to share that we have received official confirmation and approval of our license to operate in Kenya by our industry regulator, National Transport and Safety Authority,” said Little in its social media Pages.

    Bolt Raises KSh78 Billion, its Valuation Hits $4.7 Billion – Kenyan Wallstreet

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa