Sharp Daily
No Result
View All Result
Thursday, July 2, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Faras sets minimum ride cost at KES 240 amid taxi drivers’ protests

Teresiah Ngio by Teresiah Ngio
August 14, 2024
in News
Reading Time: 1 min read

Kenyan online taxi-hailing company Faras has announced a new minimum ride cost of KES 240, following weeks of protests by local digital taxi drivers. The drivers have been vocal about their dissatisfaction with the decreasing per-kilometer rates on ride-hailing apps, despite rising fuel prices and the escalating cost of living.

In response to the drivers’ grievances, Faras has not only increased the minimum ride cost but has also adjusted its general pricing structure.

“After careful consideration, we have decided to increase all our minimum prices to KES 240 and also review our general prices upwards by a significant percentage,” said Faras General Manager Allan Maimbu during a press conference in Nairobi.

Additionally, the company has aligned its commission rates with the maximum allowable by the National Transport and Safety Authority (NTSA), which is capped at 18%. Maimbu emphasized that these changes are aimed at addressing the drivers’ concerns and creating a more sustainable environment for the industry.

RELATEDPOSTS

Kenya power warns of potential electricity price hike over wayleave dispute

March 5, 2025

Passenger outcry as Nairobi taxi drivers reject app-set fares

July 31, 2024

“To ease the impact of the price changes, we’ll continue to offer discounts to our customers, and as always, our drivers will receive the balance for discounted trips immediately after the trip ends, directly in their wallet,” Maimbu added.

Despite the increase, some drivers, particularly those represented by the Organization of Online Drivers Kenya (OOD), have been pushing for a base fare of KES 300. However, Maimbu noted that after discussions with drivers on their platform, they reached an agreement on the new KES 240 minimum.

“We warmly invite our fellow industry players to join us in addressing the drivers’ concerns. By collaborating, we can create a fairer and more sustainable future for drivers and passengers and make Kenya a more welcoming place for the ride-hailing business,” he urged

Previous Post

Role and impact of the Joint Building Council in Kenya’s construction industry

Next Post

Mystery buyer rescues Mobius Motors following liquidation announcement

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Kenya Unveils Kshs 1.1 tn Agricultural Investment Strategy to Accelerate Sector Growth by 2030

July 2, 2026
News

National Infrastructure Fund vs. Sovereign Wealth Fund: Why Kenya Needs Both

July 2, 2026
News

Affordable housing in Kenya is not just a housing problem ; It is a housing finance problem

July 2, 2026
Business

Kenya misses out on billions as safaricom stake sale nears completion

July 2, 2026
Women work at the front desk of the Centum Investment Company Limited in Nairobi, Kenya, file.  REUTERS/Siegfried Modola
Analysis

Centum sells 60% stake in nabo capital to rock investment bank

July 2, 2026
News

Global Economic Shifts in 2026: Implications for Kenya’s Investment Landscape

July 1, 2026

LATEST STORIES

Kenya Unveils Kshs 1.1 tn Agricultural Investment Strategy to Accelerate Sector Growth by 2030

July 2, 2026

National Infrastructure Fund vs. Sovereign Wealth Fund: Why Kenya Needs Both

July 2, 2026

Kenya’s exports to the US rise as AGOA boost masks growing trade uncertainty

July 2, 2026

Affordable housing in Kenya is not just a housing problem ; It is a housing finance problem

July 2, 2026

Diaspora remittances remain a pillar of Kenya’s economy despite moderation in 2026

July 2, 2026

Kenya misses out on billions as safaricom stake sale nears completion

July 2, 2026

Kenya’s inflation eases to 6.4% in June 2026 as cost of living pressures persist

July 2, 2026

Rising medical Loans highlight Kenya’s health insurance gap

July 2, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024