Thu, 05-Mar 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

    SWVL Gets NTSA Approval to Resume Operations

    Mwakaneno
    By Mwakaneno Gakweli
    - May 21, 2020
    - May 21, 2020
    Kenya Business newsStartups
    SWVL Gets NTSA Approval to Resume Operations

    The National Transport and Safety Authority (NTSA) has approved SWVL’s operations in Kenya after an extended legal tussle. The NTSA now has no objections to SWVL’s activities, after disagreements over the company’s licenses. SWVL will continue to engage the regulator to update a regulatory framework for tech-based ride-hailing services in Kenya.

    “We are pleased that we have resolved all issues with the NTSA, and that’s extremely important for us,” Techweez quoted Dip Patel, SWVL General Manager for Kenya. “We have continued to engage with the NTSA to arrive at a framework that will support technology-enabled transport solutions and take Kenya to the next level.”

    SEE ALSO: NTSA Caps Ride-Hailing Companies’ Commission at 15%

    The company will resume full operations after the restriction on movement order is lifted. Meanwhile, the company will continue its corporate ride services.

    Last year November, SWVL suspended its operations over NTSA regulations. According to NTSA, SWVL operated against the law by using a Tours Service License (TSL) instead of a Public Service Vehicle license. Moreover, the regulator insisted that SWVL should register as a Matatu Sacco despite operating on digital platforms.

    The company then promised to engage the regulator to ensure compliance with the set out rules.

    “In our goal to provide commuters with a safe, convenient, and efficient mass transport option. We have had our challenges. We’re still in engagement with NTSA, and we remain committed to finding a way forward. We believe that our solution is transformational,” Shivachi Muleji, former SWVL Kenya General Manager said.

    Read Also: Ride-Hailing App Resumes Operations in Select Routes

    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