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Bolt and Uber having a tough time in SA — AA CEO
E-hailing companies like Uber and Bolt are struggling in South Africa because the ecosystem is constrained by tight profit margins and intense competition.
This is according to the Automobile Association (AA) CEO, Bobby Ramagwede, who cited Uber and Bolt's struggles as an example of why the Gautrain's planned e-hailing platform would likely fail.
E-hailing companies like Uber and Bolt are struggling in South Africa because the ecosystem is constrained by tight profit margins and intense competition.
This is according to the Automobile Association (AA) CEO, Bobby Ramagwede, who cited Uber and Bolt's struggles as an example of why the Gautrain's planned e-hailing platform would likely fail.