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Bolt launches in Zimbabwe with six-month waiver on driver commissions

Daba Finance/Bolt launches in Zimbabwe
AFRICAN BUSINESS AND ECONOMYFebruary 3, 2024 at 9:01 PM UTC

TLDR

  • Bolt, the Estonian e-taxi company, has launched its services in Harare, Zimbabwe, waiving driver commissions for six months to encourage driver participation.
  • Bolt expands into Zimbabwe as its twelfth country, demonstrating its commitment to the African market.
  • The company previously conducted pilot operations in Zambia in October 2023 before the recent expansion.

Bolt, the Estonian e-taxi company operating across Europe and Africa, has launched its services in Harare, Zimbabwe. Bolt has decided to waive any commission from drivers for a minimum period of six months to stimulate driver participation.

This move mirrors the strategy applied during the platform's launch in Zambia. In contrast, in countries like Kenya, Bolt typically imposes a standard 18% commission and no longer mandates a booking fee.

The expansion into Zimbabwe marks Bolt's presence in its twelfth country, following its initial launch in South Africa in 2016. Before this latest expansion, Bolt had conducted pilot operations in Zambia in October 2023, showcasing its commitment to extending its footprint in the African market.

Key Takeaways

At the beginning of 2023, Bolt unveiled an ambitious plan to invest over €500 million in the African market, including an initiative to provide job opportunities for more than 300,000 driver partners. Operating in 45 countries globally, Bolt serves over 150 million customers and collaborates with a network of over 3 million drivers. As part of its commitment to safety, the platform has undertaken measures to enhance the well-being of both riders and drivers. Addressing safety concerns, Bolt took decisive action by suspending over 10,000 drivers in Nigeria and Kenya during the last six months of 2023. This proactive step underscores the company's dedication to maintaining a secure and reliable environment for its users, aligning with its broader vision for sustainable growth and positive impact in the African market.

Bolt
Zimbabwe
Mobility
Harare
Transportation

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