LinkedIn·3 min read·medium
Ministry of Transport Doubles Minimum Fares for Online Taxis
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Money254✦AI Summary
The Kenyan Ministry of Transport is proposing new regulations to set minimum fare floors for ride-hailing services like Uber and Bolt. Simultaneously, Dangote Industries has selected Lamu as the site for a new Ksh2.2 trillion oil refinery project.
Welcome to the Money News Roundup. Today, we break down the Ministry of Transport's proposed regulations that could introduce new minimum fares for ride-hailing taxis. We also look at fresh details on the planned construction of Dangote's Ksh2.2 trillion oil refinery in Kenya.
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