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How boda boda riders make Sh1bn every day
Motorcycle registrations rose 53 percent in five years, highlighting the growing popularity of boda boda as a means of transport and source of income. FILE PHOTO | NMG
The boda boda sector provides one million direct jobs for riders earning Sh1 billion daily, says a new study, underlining the importance the motorcycle business to Kenya’s economy amid a countrywide crackdown on the operators over indiscipline.
A study of the sector by listed firm Car & General (C&G) #ticker:CGEN -- which sells motorcycles, their spare parts and other engineering equipment -- shows that it also supports six million livelihoods indirectly, about 10 percent of the country’s population.
