Kenyan investor stirs market with new cab hailing app TaxiNet

TaxiNet managing director Abdirahman Mohamed during the launch in Nairobi, October 2. /COURTESY
TaxiNet managing director Abdirahman Mohamed during the launch in Nairobi, October 2. /COURTESY

A Kenyan-owned taxi hailing app TaxiNet has been launched in the country amid as online taxi competition gathers steam.

Taxi service providers Uber,Taxify, Little Cab, and newly launched An-Nisa for women have taken a lion share of the Kenyan market.

TaxiNet managing director Abdirahman Mohamed said the app will be a game-changer in the industry owing to its fair prices.

It costs Sh100 in base fare, Sh37 per kilometre, and Sh3 per minute for a ride. Others charge an average of Sh200 in base fare and Sh30 per kilometre.

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"We are already receiving many offers for vehicles to join our stable and hope to offer the best services in the market," Abdirahman said on Tuesday.

He said the taxi hailing app is customer-friendly and will compete fairly with other players in the market.

The app was unveiled at a time online taxi drivers are seeking better compensation from the service providers.

But Abdirahman said the firm will

be close to our drivers and customers in a bid to ensure they also get value for their money.

He said the firm will only admit cars manufactured after 2009 and would charge drivers a commission of 10 per cent compared to competitors who charge between 15 and 25 per cent.

Mohammed said they have an efficient fleet management system that will benefit car owners and drivers.

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