Bolt Revises Fares Due to Increased Fuel Prices

Nairobi, May 2021 Bolt the leading on demand transport platform in Africa has revised its prices across major towns in Kenya in response to the increased cost of fuel in the country.

This has resulted in a slight increment in base fares for Bolt rides by an average of KES 2 per kilometer for each completed trip on the platform. Bolt, previously charged KES 25 a kilometer on its budget ride and the new changes will see the prices go up by KES 1.90 to KES 26.90 per kilometer in Nairobi.

The changes will be implemented across all Bolts ride categories in Nairobi, Mombasa, Nakuru, Eldoret, Kisumu and Mt. Kenya regions.

 “Our pricing has always been informed by market forces and driver earnings. It’s an ecosystem where every part is as important as the other. These changes have been informed by the current socio-economic situation in the country influenced majorly by changes in the cost of fuel that directly affect the growth and sustainability of drivers` earnings and cost of doing business,” said Micah Kenneth, Regional Manager, Bolt East Africa.

Riders taking the premium option, XL category, will pay 5.3% more per kilometer in Nairobi and 3.3% more per kilometer in Mombasa.

The Base category will attract a 6.0% increase per kilometer in Nairobi, 4.6% increase per kilometer (Kisumu), 6.4% increase per kilometer (Eldoret), 7.4% increase per kilometer in Mt Kenya and 4.9% increase per kilometer in both Mombasa and Nakuru towns.

Riders in the low-cost Lite category will pay an additional 7.6% per kilometer in Nairobi, 5.4% per kilometer in Nakuru and 5.0% per kilometer in Kisumu.

Tuk Tuk and Boda boda services in Mombasa, will each attract an increment of 3.0% per kilometer. Boda boda services in other towns will attract percentage increment per kilometer as follows; Nairobi-5.7% per kilometer, Nakuru – 5.0% per kilometer, Kisumu – 4.3% per kilometer and Eldoret – 4.3% per kilometer.

“We are always trying to do what is best for both the drivers and the passengers and we believe that this small increase will still make it possible for riders to access affordable transport whilst providing better earnings for drivers,” added Micah.

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