FARAS | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
FARAS is a ride-hailing and on-demand services provider company based in Kampala, Uganda. It offers services such as car hiring,...
FARAS is a ride-hailing and on-demand services provider company based in Kampala, Uganda. It offers services such as car hiring, food delivery, and package delivery.
Website
Headquarters
Kampala, Kampala
Size
51-200 employees
Industry
Travel Arrangements
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- FARAS has added 'Code Review' and 'Code Search' features to their GitHub page.
- FARAS raised its base fare from 200 to 240 shillings and adjusted its commission to 18 percent to comply with National Transport and Safety Authority regulations.
- FARAS set the minimum ride cost at Ksh.240 following protests by local digital taxi drivers over low prices and high fuel costs.
- FARAS is currently under investigation regarding a safety incident involving a driver, who allegedly threatened a client with a firearm.
- FARAS will require drivers to pay an annual fee for affiliation starting in 2024.
- Last week, Organisation of Online Drivers Kenya demanded that Uber, Bolt, and FARAS temporarily suspend their operations to address current concerns.
- FARAS Cabs raised its fares by up to a fifth this month to accommodate drivers’ demands, according to Chief Commercial Officer Osman Abdi.
- FARAS will be participating in the MakBazaar2024 event.
👔 FARAS CEO, Management and Leadership Team
⚔️ FARAS Alternatives and Competitors
💼 FARAS Hiring and Layoffs
🤖 FARAS Developer, Integration and Automation News
📈 FARAS Financials, Fundraising and Valuation News
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