Uber and Bolt are struggling in South Africa — AA CEO

• Uber and Bolt are indeed struggling in South Africa, citing tight profit margins and intense competition.
• The South African e-hailing market is highly competitive, with Uber holding 60-65% of the market share in Johannesburg, and Bolt accounting for the majority of the remaining share.
• The Gautrain's planned e-hailing platform may face challenges due to the struggling ecosystem, with the AA CEO arguing that it is inherently flawed and unlikely to succeed.