Cab hailing app, Bolt, has revised its prices across all cities in Kenya in response to the increased cost of fuel in the country.
This has resulted in the increment in the per kilometre fares for Bolt rides by an average of Ksh. 2 for each Kilometre completed per trip. The new changes will see the prices go up by Ksh. 1.90 to Ksh. 26.90 per kilometer in Nairobi. Bolt previously charged Ksh. 25 a kilometer on its budget ride category dubbed Bolt Lite.
The changes will be implemented across all Bolt ride categories in all the cities where Bolt currently operates. This will vary from town to town, in line with the Energy Regulatory Commission (ERC) guidelines on fuel prices per city.
“Bolt is a responsible brand that is always trying to do what is best for both drivers and passengers. We acknowledge the huge financial burden on the customers and drivers with respect to the increased fuel prices in the country. We also remain cognizant that we form part of an ecosystem where every part is as important as the other. Our pricing has always been informed by market forces and driver earnings. We trust that our evaluation on fluctuating fuel costs and the action to mitigate the impact, will stabilize the growth and sustainability of driver earnings and cost of doing business,” said Micah Kenneth, Regional Manager, Bolt East Africa.
The Base category will now attract an addition of Ksh. 2.10 per kilometer in Nairobi and Ksh. 1.70 per kilometer in Mombasa. Riders in the Lite category will now pay an additional Ksh. 1.50 per kilometer in Nakuru and Kisumu towns.
Tuk Tuk and Boda boda services in Mombasa attract an increment of Ksh. 0.60 per kilometer each. Boda boda services in Nairobi will increase by Ksh. 0.80 per kilometer, Nakuru Ksh. 0.70 per kilometer and Ksh. 0.60 per kilometer in both Kisumu and Eldoret.