The largest e-hailing service in South Africa – Uber has with immediate effect increased its prices by 50c per kilometre, despite fuel prices having dropped by R1.84c last week.
The increase in price is due to additional financial strain felt by its driver-partners.
“It matters to us that driver-partners are able to continue to maintain a sustainable living while using the Uber App,” Uber South Africa said in a statement.
“Accordingly, the change in fare prices will allow driver-partners to earn more in order to make up for the rising cost of business and living expenses that affects their earnings.”
According to a Business Insider news report, South African Uber drivers earn a smaller percentage per trip as opposed to drivers from its competitor Taxify.
In the statement, Uber disclosed that it is busy with an in-depth earnings review.
“For riders, the new fare pricing means that we can invest even more in the technology features that make your Uber experience a seamless one,” Uber said.
