Kenya Ferry posts 46pc rise in revenue on cashless fees

Commuters alight from Mv Kwale at the Likoni Ferry crossing. FILE PHOTO | NMG

The Kenya Ferry Services (KFS) has posted a 46.42 percent revenue growth in the past year following the introduction of cashless payments for services at the Likoni Channel.

The Kenya Ports Authority (KPA), which took over operations of the ferries, said its monthly collections have shot up to a million a month.

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Note: The results are not exact but very close to the actual.