Mobile transportation Application, Taxify says it has recorded an increase in income despite slashing fares few weeks ago. According to Shivachi Mulenji, the company’s Manager for East Africa, there has been a 25% growth in earnings for the company but this doesn’t mean higher income for its drivers.
Speaking during a workshop in Nairobi, Mr Shivachi also spoke of measures being taken to caution drivers from the downward review in prices.
He noted that the 16 per cent VAT on petroleum products continues to hurt the business since fuel forms an important component of the drivers earning forcing the group to find ways of cautioning their drivers.
‘’That’s the biggest variable that drivers face, the increase in fuel price is 16 per cent so if you think in terms of drivers earnings of course that reflects. At the same time the categories that has been most affected by the price we have gone ahead and given them a 15 per cent bonus to try and cancel out the VAT.’’
The group is also looking at expansions to other towns like Nakuru, Kisumu and Eldoret as well as launching an SOS service on the riders (passengers) platform in the event of an emergency.
‘’We are awake and alive to the opportunities present in Kenya. We have a very vibrant market such as Nakuru, Kisumu and Eldoret these are potential markets that definitely present a certain need in terms of developing in the transport industry.’’ Said the group’s country manager, Alex Mwaura.
Taxify is one of the many mobile transport applications in Kenya with thousands of drivers and up to 200 of them being women drivers.