Economists love Uber’s surge pricing. But it is doomed, because customers hate it. Why? Surge pricing occurs when the supply and demand for Uber vehicles becomes unbalanced, for example, due to inclement weather, a public holiday such as New Year’s Eve
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Internet ride-sharing service Uber has added Port Elizabeth to its list of South African cities. Port Elizabeth joins Johannesburg, Cape Town, Durban and Pretoria in having the service. Port
Thousands of revellers descending on Durban for the Rage Festival have fuelled simmering tensions between Uber taxi drivers and minibus taxis contracted by the organisers. A video purportedly showing “Rage Rides” taxi drivers assaulting an Uber driver
Driver-partners of Internet ride-sharing service Uber will have easier access to cars following a R200m agreement with vehicle finance provider WesBank and FirstRand’s enterprise development fund Vumela. The companies announced on Tuesday in Johannesburg that
The transition to fully driverless cars is still several years away, but vehicle automation has already started to change the way we are thinking about transportation, and it is set to disrupt business
Internet ride-sharing service Uber is exploring expansion out of Johannesburg, Pretoria, Cape Town and Durban into smaller South African cities. This is according to Uber head of sub-Saharan Africa Alon Lits
Internet ride-sharing service Uber wants government to formally introduce a category that would cater to transporters who use technology. On Tuesday, Uber headed to parliament to present
For all the attention garnered by Uber, with given cars being impounded, drivers being attacked and politicians being confused at how to regulate, there’s another disruptor rapidly – but quietly – being embraced in South Africa: Airbnb. And here there aren’t
An angry crowd has attacked Uber cars with bars and stones outside Mexico City airport, the latest in a series of worldwide protests against the ride-hailing app. More than a thousand taxi drivers blocked streets in Rio de Janeiro a few days ago, and the service has
Uber wants metered taxi drivers to join the ride-hailing platform that has seen some success in South Africa. “Our technology is open and pro-choice and we are keen to offer it to a broad number of taxi drivers to boost their occupancy rates and chances for