ECONOMIC TURMOIL: Bolt Announces 10% Increase in Minimum Fare
Bolt, a ride-hailing service platform, announced on Monday a 10% fare increase in Kenya to address driver earnings concerns.
Bolt has done this to demonstrate its continued commitment to providing fair compensation and improving working conditions for its drivers.
In a statement issued by General Manager Linda Ndung’u, Bolt stated that it is in communication with their driver community to understand their challenges.
“The feedback received highlighted the need for a fare adjustment to help drivers maintain sustainable earnings while continuing to provide safe, reliable, and high-quality service to riders across Kenya,” noted Ndung’u.
All rides booked through the platform will now have a 10% increase in base fare. For example, a ride that was previously priced at Ksh.200 now costs Ksh.220.
Bolt said the move is aimed at positively impacting drivers’ lives and enabling them to earn more returns on their trips.
It will also ensure that riders on the platform continue to receive high-quality service.
The fare increase comes after digital taxi drivers protested a decrease in prices per kilometer despite rising fuel prices and living costs.
“This fare adjustment is not just a price change but also a step towards acknowledging the value our drivers bring to the platform every day,” said Linda Ndungu, General Manager.
“We believe that this move will help our drivers earn a fair wage, which in turn will allow them to continue providing the reliable and safe transportation our riders depend on.”
Uber recently announced that they will raise their prices to better address driver concerns.
ECONOMIC TURMOIL: Bolt Announces 10% Increase in Minimum Fare
