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