Kenya's biggest telecoms company Safaricom is joining up with a local software firm to launch a ride-hailing company to take on Uber as it seeks new sources of revenue, its chief executive said. In March, authorities charged six men with attempted murder and malicious damage to property over an attack on an Uber taxi driver in February. Safaricom remains focused on its core businesses of offering calls, texts, Internet access and M-Pesa but Collymore said it was seeking new sources of revenue. "When M-Pesa was launched it wasn't launched as a big thing. Uber operates in several African countries, including Kenya where it launched in early 2015, drawing customers by offering lower prices and cutting out haggling over fares.

Source: The Star June 09, 2016 11:25 UTC