Reprieve for Uber, Bolt as Tanzania relaxes rates

uber bolt

Tanzania has reviewed tariff guidelines requiring ride-hailing operators to cut their commissions. FILE PHOTO | THE CITIZEN

Tanzania has reviewed tariff guidelines requiring ride-hailing operators to cut their commissions, giving a reprieve to Uber and Bolt, which had threatened to quit the market citing stringent regulatory environment.

The Land Transport Regulatory Authority (Latra), which sets and approves fares for ride-hailing operators, says the companies are now free to charge up to 25 percent on commissions and three percent as the booking fee.