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Uber slashes its prices nearly by a half

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uberPrice war is expected to intensify in the taxi industry from local and foreign firms that have launched e-taxi hailing services, this is after Taxi hailing company, Uber, slashed its charges in Nairobi by nearly half in response to mounting competition from local rivals that have entered the market this year.

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The new charges that are due to take effect on Thursday will see Uber charge its clients at the rate of Sh35 per kilometer down from Sh60.

The taxi firm has also reduced its charges per minute by Sh1 to Sh3 and cut the pricing of short rides by Sh100 to Sh200. Base fare remains unchanged at Sh100.