Saturday, October 24, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
  • Deals
  • Investments
  • Real Estate
  • Economy
  • OpEds
  • Lifestyle
  • Sustainability
  • Women in Business
  • Technology
    • Phones
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » Featured » Watu Credit lauds police authorities for smashing a boda boda theft syndicate

Watu Credit lauds police authorities for smashing a boda boda theft syndicate

Queen Amber by Queen Amber
2 years ago
in Featured
Reading Time: 2 mins read
A A
Watu Credit

Watu Credit

Share on FacebookShare on TwitterShare on WhatsApp

A local asset financing firm, Watu Credit, has lauded national security agencies in Kenya for making headway in the efforts to curb motorbike theft in the region.

The firm noted that National Police Service officers have made good headway in cracking a suspected cross-border syndicate targeting boda boda operators. The operators have been losing their bikes to organized criminals who smuggle the assets to the neighbouring countries of Tanzania and Uganda.

Also Read

No Content Available
Load More

Speaking while commending the national security agencies for their support, Watu Kenya Country Manager, Erick Massawe stated that DCI authorities acting on credible information have managed to recover three earlier stolen bikes with suspects already arraigned in court this week alone. Police Officers recovered the motorbikes in Nakuru, Ndhiwa (Homabay County), and Nairobi en route to their final destinations.

“Motorbike theft remains an ongoing challenge in Kenya. To support our customers, we have introduced advanced tracking systems to help locate any stolen bikes. We also thank the police for their cooperation in recovering these stolen bikes and apprehending the suspects,” Watu Kenya, Country Manager Erick Massawe, said.      

In Nairobi, one of the notorious suspects, a boda boda rider, pleaded guilty to stealing a motorbike worth Kshs.261 612 and selling it at a throwaway price. Joseph Korir Maema, who operates under multiple aliases known by different names, admitted at the Makadara law courts on January 10, 2025, that he stole the motorbike belonging to Ernest Biwott on June 23, 2023, in Nairobi.

Biwott acquired the motorcycle on a hire purchase from Watu Kenya and, after using it for a year, employed Maema to operate it. However, Maema disappeared after a few months. He was charged alongside Baraka Mose, who allegedly purchased the stolen motorbike. Mose, an official of a boda boda Sacco in Embakasi, denied the charges and is currently out on bail pending a hearing.

To combat rising motorbike theft in the country, Watu has introduced advanced tracking systems and security devices for all motorbikes. The company also works closely with various law enforcement agencies to facilitate rapid response and recovery efforts whenever an incident occurs.  

The police also arrested three suspects with a stolen motorbike (registration KMFY 395K) that had been reported stolen in Mudete (Vihiga County). The rightful owner has been contacted and will soon be reunited with his asset.

In Ndhiwa, the police arrested a suspect with a stolen motorbike (registration KMFU631J). The suspect has been arraigned and is out on bail pending a hearing.

Motorbike theft remains a significant challenge across the country, mainly targeting bikes financed by asset financing companies like Watu Kenya. Reports indicate that over 10,000 motorcycles were stolen across the country in 2024, highlighting the growing trend of organized crime related to motorcycle theft. This trend mainly affects the boda boda (motorcycle taxi) industry, a vital livelihood source for many Kenyans.

Tags: Watu Credit
Previous Post

NCBA Group Sets Benchmark with First Sustainable Development Impact Disclosure Report

Next Post

Protect civilians trapped in crisis in South Kordofan and Blue Nile – Statement by the United Nations Resident and Humanitarian Coordinator in Sudan, Clementine Nkweta-Salami

Related Posts

No Content Available
Glovo

Glovo Eyes Expansion Beyond Nairobi with KSh 10 Billion Investment as Online Orders Surge 40%

23 October 2026
Naivas TVET

Naivas Partners with Seven TVET Institutions, Offers Jobs to Over 300 Kenyan Youths

23 October 2026
NCBA Bank

NCBA Urges Western & Nyanza Professionals to Turn Career Success into Lasting Wealth

23 October 2026
Portable and Affordable Designed classroom by Georgia Fernandes, founder of Untamed Architecture and a student at Columbia University

Scholarship Providers Join Forces to Simplify Access to Education Opportunities for Learners with Disabilities

23 October 2026
Pink Polo Tournament

Mercedes-Benz Announced Official Car Sponsor of the Pink Polo Tournament

22 October 2026
ImpalaRugbyFloodlit

Safaricom sends KES 1 Million Sponsorship for 2026 Impala Floodlit Tournament

23 October 2026
NewsTrendsKE

NewsTrendsKE

NewsTrendsKE: the business intelligence read for Kenya's decision-makers.

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
  • Deals
  • Investments
  • Real Estate
  • Economy
  • OpEds
  • Lifestyle
  • Sustainability
  • Women in Business
  • Technology
    • Phones

©2026 NewsTrendsKE.

Go to mobile version