Ride-hailing app, Bolt, has increased its fares by 4 per cent due to a rise in fuel costs.
Under its light category, it has been increased from KShs 150 to KShs.180 and the start fee from KShs. 55 to KShs. 70.
Bolt previously charged KSh26.90 per kilometre on its budget ride category (dubbed Lite), and the new changes will see the prices go up to KSh27.37 per kilometre in Nairobi.
Bolt Base, Bolt Green and Bolt Women Only will also have similar increases in fare per Km. per Km prices on the XL category will increase by KSh0.66 fare per Km as these are larger engine cars.
Kenneth Micah, Regional Manager, Bolt Eastern Africa, in a statement, said that the new prices will reflect the current market realities expressing confidence that the rates will cushion against rising fuel costs, and therefore contribute to sustained strong earnings on the platform.
“Drivers are at the core of our operations, and we truly believe that happy drivers provide better quality service for customers. As such, we’ve been doing extensive reviews to ensure that we continue to provide the best earnings for drivers on our platform and remain the most affordable and preferred platform by customers,” he said.
The changes will be implemented across all Bolt ride categories in Nairobi as the company undertakes to review fares across other towns in line with the EPRA guidelines on fuel prices per city.