Bolt will increase the base fares by 10% across all its fleeting categories, as the company seeks to offer fair compensation to its drivers.
The development follows the firm’s engagement with its drivers, which indicates the challenge they face. In a statement by its General Manager, Bolt stated the price increase demonstrates its acknowledgment of the value of its drivers.
“We believe that the 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,” Linda Ndung’u, Bolt’s manager said.
Following the price adjustment, Kenyans will have to pay 10% more for all rides booked via the Bolt platform. Consequently, the base price for the economy category will move up to Kshs 220 from Kshs 200.
The price increase will not only boost the drivers’ earnings but will also motivate all drivers to deliver high-quality services to riders on the platform.
Over the past months, Kenyan ride-hailing drivers have held protests against firms like Uber and Bolt demanding improved rates to sustain their livelihood. The unfair rates forced drivers to print their price rates.
The continued pressure from drivers forced the firms to reconsider their position and raise prices. Last week, Uber announced a similar rate hike in all its rides.
