Popular ride-hailing company, Bolt could be forced to shut down its services in Tanzania following a controversial 15% fee service order that took effect on Friday, 13 April. The Estonian company is disputing the fee introduced by Land Transport Regulatory Authority (Latra), an entity created in 2020 to regulate the taxi sector. Last week, Uber which charges its partners a 25% commission, suspended its operations in Tanzania over the newly introduced service fee, terming it as unfavourable for business. The company said it would resume operations if its concerns were addressed. Follow us on Telegram, Twitter, and Facebook, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates.

Source: Daily Nation May 02, 2022 06:14 UTC