C
Originally published by Capital Business
📰 Read Full Article
business
June 5, 2025
1mo ago

Mogo unveils platform to curb rising motorbike, vehicle thefts in Kenya

Mogo unveils platform to curb rising motorbike, vehicle thefts in Kenya

NAIROBI, Kenya, June 5 — Asset financing firm Mogo has unveiled a new digital platform, SAKA, designed to help curb the rising cases of motorbike, Kenya breaking news | Kenya news today |..

✨ Key Highlights

Mogo has launched a new digital platform, SAKA, aimed at reducing the rising theft of motorbikes, tuk-tuks, and vehicles in Kenya.

  • Kenya loses about Sh3 billion annually to vehicle theft, with only 15.92% of stolen vehicles recovered.
  • Branton Mutea, Deputy Country Manager of Mogo, emphasized the platform's importance for supporting livelihoods in the transport sector.
  • Data shows a 28% drop in theft incidents from 419 cases in 2023 to 327 in 2024, despite low recovery rates.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Mogo unveils platform to curb rising motorbike, vehicle thefts in Kenya