Kenya ferry services plans to increase motor vehicle charges by the end of this year as it seeks to generate more revenue to improve its service,
Kenya ferry services managing director Hassan Musa said the charges for motor vehicles are expected to rise by between 15 and 50 per cent if the proposed rates are ratified by stakeholders and gazette by the government.
Speaking during a stake stakeholders forum , Musa confirmed that a review of tariffs is ongoing and soon the new charges will be announced .
The move which will enable KFS hit a target of over ksh 500 million revenue per year is however expected to elicit sharp uproar from motorists using the channel on a daily basis since they will have to dig deep into their pockets to pay for services.
The review will see the rates jump by 20 percent as it seeks to ensure efficiency and good service delivery to commuters and motorists.
Musa said the increased cost of operations has pushed the facility management to find new strategies of generating revenue.
Only loaded bicycle have been exempted from the new rates due to public outcry retaining the 40 shilling rates
Speaking in Mombasa ahead of the forum, Kenya Ferry Managing Director Musa Hassan Musa said the decision to review rates was informed by the increasing financial constraints faced by the company as a result of rising cost of operation and surge in passenger numbers.
“The toll charges paid up by the motorists are government controlled and were last reviewed in the year 2012. The objective of this meeting is