Bolt respond to fuel price rise with unpleasing shoot up of fare prices

Bolt respond to fuel price rise with unpleasing shoot up of fare prices
  •    The updated pricing scheme will encompass fare increases in all sectors of Nairobi. This means the basic fare will now range from Sh70 to Sh100, spanning economy, base, boda, and XL categories.
Bolt shoot taxi fare prices high with the increased fuel levy

The ride-hailing service Bolt has modified its pricing structure in response to the recent evaluation carried out by the Energy and Petroleum Regulatory Authority (EPRA).
Bolt clarified that the alterations in fares are a response to the demanding economic circumstances that have impacted the public transportation sector, primarily the recent increase in fuel prices by EPRA.
The updated pricing scheme will encompass fare increases in all sectors of Nairobi. This means the basic fare will now range from Sh70 to Sh100, spanning economy, base, boda, and XL categories.
Furthermore, the minimum fare has also been raised, varying from Sh200 to Sh250 across these different categories.
Bolt’s country manager, Linda Ndungu, noted that the company has also elevated per-kilometer charges and introduced a rate for long-distance trips.
“As such, we have adjusted our pricing to mitigate the rising fuel costs. This adjustment reaffirms our commitment to offering top earnings for drivers on our platform, and to remain the preferred, cost-effective choice for our customers.”
Price adjustments will be put into effect in Mombasa, Kisumu, Kakamega, Nakuru, Naivasha, and the Mount Kenya area for all categories.
The ride-hailing company has initiated a Driver Engagement Centre to facilitate improved relations with its drivers and meet their needs efficiently.
In September, the Kenya Matatu Owners Association also declared increases in fares due to the surge in petrol and diesel prices.

Leave a Reply

Your email address will not be published.