City loses money after a Jambo pay“divorce”

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City loses money after a “divorce” Nairobi County have received a major blowafter they parted ways with JamboPay in June.

In the three months that followed the parting of ways with the online payment platform, City Hall posted a fall of Sh336 million.

Nairobi County collected Sh1.539 billion in the three months from over 130 revenue streams compared with Sh1.875 billion collected in a similar period last year.

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According to data from City Hall’s revenue department, the county government recorded Sh502 million in June.

The revenue slightly improved to Sh587 million in July, only to dip to a low of Sh450 million in August.

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In a similar period last year, City Hall posted Sh720 million in June.

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