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Kenyan Authorities Mandate 50% Fare Increase for Ridehailing Services

Kenyan Authorities Mandate 50% Fare Increase for Ridehailing Services

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by Andrew Smith

39 minutes ago


In a significant move to enhance driver welfare, Kenyan transport authorities have ordered ride-hailing giants Uber and Bolt to raise their fares by 50%. This decision comes in response to ongoing fare disputes and aims to provide better earnings for drivers. The source reports that this increase is expected to positively impact the livelihoods of many drivers across the country.

New Mandate for Ride-Hailing Drivers

The mandate, issued in collaboration with the Automobile Association of Kenya, seeks to address the persistent challenges faced by drivers in the ride-hailing sector. With the fare increase, drivers are expected to see a notable boost in their earnings, which could improve their overall working conditions.

Impact on Passengers

However, this fare hike is likely to have a mixed impact on passengers. While drivers may benefit from the increased rates, passengers will need to prepare for higher costs when using these services. The authorities believe that this adjustment is necessary to create a more sustainable and equitable environment for all stakeholders involved.

In light of recent fare increases for ride-hailing services in Kenya, the Ethereum ecosystem is also witnessing notable developments as new tokens gain investor interest. For more details, see Little Pepe and other tokens.

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