Mon, 09-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Ride Hailing Taxi Drivers Strike over Low Fares

    Brian
    By Brian Nzomo
    - July 15, 2024
    - July 15, 2024
    Kenya Business newsTechnology
    Ride Hailing Taxi Drivers Strike over Low Fares

    Thousands of drivers in the ride hailing industry are currently protesting in Nairobi in a bid to push their respective platforms to ramp up fares per mileage.

    • •The drivers on strike have mobilized their peers to turn off all apps and show up for the strike meant to pressurize all major platforms including Uber, Bolt, Little, and Faras.
    • •According to a notice seen by The Kenyan Wall Street, the peaceful demonstrations will be held between 8am-5pm from Monday 15th July to Friday 19th July.
    • •After convening at Green Park Terminus, the striking drivers said that they will match to the governor’s office at City Hall and then proceed to various offices of the ride hailing platforms.

    “We hereby notify you of our above planned peaceful demonstrations and picketing to protest against exploitation by online app companies like Uber, Bolt, Little Cabs, Faras Kenya among others in contravention of the NTSA Regulations 2022,” the striking drivers wrote to the Inspector General.

    Due to the scarcity of rides around the city, some customers have been forced to rely on other transport modes or pay higher fares for the available rides. However, the striking drivers have pledged to deal with those not in solidarity with them – regarding them as traitors of the planned industrial action.

    The strike is meant to paralyze both passenger and delivery services, substantially affecting the ride hailing companies’ revenues and bring them to the negotiating table. It is not the first time taxi app drivers are striking for the same issues being raised currently. In 2019 and 2022, a nationwide strike was called to force the apps to comply with the NTSA-capped 18% commission.

    Some of the companies, like Uber at the time, challenged the cap citing it will constrict the company’s revenues and profit margins thus derailing investment. The taxi drivers argued that if the companies surpassed the capped commission without raising mileage rates, they would be at a disadvantage because of external expenses like fuel costs rising.

    This is a developing story…

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa