Bolt has increased fares in response to rising fuel costs, as transport operators across South Africa face mounting pressure. Picture Credit: Newnationalstar
By Aisha Zardad
South Africa — E-hailing platform Bolt is raising fares as surging fuel prices push up operating costs for drivers, with the company confirming adjustments will take effect this month.
The move follows the latest fuel price hikes implemented on Wednesday, which saw 95 Unleaded petrol increase by R3.06 per litre and 50ppm diesel rise by R7.51 per litre, driven largely by elevated global oil prices linked to ongoing conflict in the Middle East.
Responding to queries, Bolt South Africa said the fare changes are aimed at cushioning drivers from the sharp increase in fuel costs.
“Bolt South Africa can confirm that it will implement fare adjustments in response to the anticipated fuel price increases taking effect in April 2026, as fuel remains a significant component of driver operating costs. These adjustments are expected to be temporary and responsive to market conditions, and will be reviewed regularly in line with fuel price movements,” said Simo Kalajdzic, Senior Operations Manager at Bolt South Africa.
“The approach is designed to ensure that driver earnings remain sustainable while maintaining the reliability of the platform. Should fuel prices stabilise or decrease, pricing will be adjusted accordingly”.
The company indicated that while commuters may see higher fares, measures will be introduced to soften the impact.
“While riders may see an increase in gross fares, the platform will continue to apply targeted discounts and platform-funded subsidies to keep the effective price competitive and within a familiar range for commuters”.
Kalajdzic said Bolt will continue to monitor fuel trends and adjust pricing where necessary.
“Should fuel prices continue to rise beyond April levels, Bolt will maintain its data-driven and flexible pricing approach, assessing the impact on trip costs and adjusting fares where required”.
“At the same time, the company will continue to deploy rider incentives and driver support mechanisms to minimise the impact on both sides of the marketplace”.
The fare adjustments come amid broader concerns across the transport sector, with the minibus taxi industry also weighing potential increases.
SANTACO spokesperson Rebecca Phala said operators are already under pressure from rising fuel costs.
“Yes, we are. The anticipated fuel price increases, coupled with concerns around supply constraints and early price adjustments at some petrol stations, are already placing significant pressure on the taxi industry. As a result, many taxi associations are being compelled to consider fare adjustments,” Phala said.
