BUSINESS TECHNOLOGY MEDIA FOR AFRICA

E-hailing company Bolt expands into Zimbabwe

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 02 Feb 2024
The company stated that more than 300 drivers were ready to begin accepting hire services in Zimbabwe.
The company stated that more than 300 drivers were ready to begin accepting hire services in Zimbabwe.

E-hailing company Bolt is expanding into Zimbabwe after launching a pilot service this week.

The company said that more than 300 drivers were ready to begin accepting its services in Zimbabwe.

Bolt is expanding into Zimbabwe, its third country in Southern Africa, following a successful pilot in Zambia and operations in South Africa.

Bolt's arrival into Zimbabwe comes as Africa grapples with high unemployment, and observers believe the rising mobility industry could open up new avenues for income production for many on the continent.

Zimbabwe has one of the highest unemployment rates in the world, and the country's deteriorating economy has made matters worse for young people.

According to worldwide management, Oliver Wyman, the mobility market is expected to triple by 2030, creating 550,000 new income-generating opportunities.

This week Bolt committed not to charge drivers In Zimbabwe no commission for using the platform as a way of empowering them.

Laurent Koerge, head of expansion at Bolt, said: "Our goal is not only to offer our drivers higher revenues per hire, but also to ensure a high demand due to competitive prices. We have been committed to profitability and fairness towards our drivers from the very beginning, because we firmly believe that happy drivers lead to happy customers."

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