Why Investment Clubs in Zambia Should Invest in BodaBoda Business- Motorcycle Delivery Business
Globally transportation of both human and goods is one of the most active activity
that has significant effects on the economic growth and development of every nation.
In general public transportation systems in the word provide movement and access
of both goods and people to areas of interest (Fasakin, 2011). Notably, globally
people participate in transportation system to access areas of interests such as
employment, retail, health, education, farms, and market among other areas
depending with interest at a given time (Malmberg, 2014).Subsequently, the
mobility of people and goods must occur on daily basis in an active economy, as
such certain transportation systems are very crucial for the livelihood of a nation and
its people. Due to the importance of transport sector, it attracts a lot of investment
inform of resources and time to reap the guaranteed returns.
According to Miller & Friesen (2003), bicycle and motorcycle based transportation
system in the world occupies a very important position in the transport sector,
particularly being a technology leap in movement of people and goods by walking,
head loading and use of animals.This mode of transport is common and has been
given local names in specific countries where they are in operation. This mode of
transport using motorcycle taxis began in London cityin early 1950s (Howe, 2003),
and they were considered to offer faster transportation throughout the city because
they were easily accessible and they could get through traffic congestions without
wasting time (Torres Martinez, 2011).Since the some local authorities such as Mole
valley district council approved bicycletaxi in 1960s, but due to vulnerability and
large number of bicycle taxi‟s by then stringent measures were imposed (Howe,
2003).
The use of motorcycle transport was first done by Pierre Michaux in Paris way back
in 1860s by. Nevertheless, the developments of motorized two wheeler cycles later
found its footing in most of European countries by 1960s, before being adopted in
United States of America and by 1960 it was the most notable form of transport in
China and India (Hitt, Ireland, Camp& Sexton, 2011). According to Hitt et al
(2011), in a global perspective, motorbikes are the primary means of motorized
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transport. In some countries such as Taiwan, the number of automobile is ten
thousandper 5000 peoples which translate to over five million motorcycles in the
country. In Thailand the story is similar to that of Taiwan particularly in Bangalore,
where over 100,000 fleet of motorcycles are in operation per hour (Runyan, 2015).
According toTorres Martinez (2011), in Vietnam use of motorbikes is extremely
high due to lack of alternative public transport system and the state of low income of
the people puting automobiles out of reach for many. In Vietnam, motorized traffic
consists of mostly motorbikes(Howe, 2003).
In Africa, motorcycles can be traced way back to 1960‟s, however its
commercialization can be traced clearly after the Structural Adjustment Programme
by World Bank in early 1980‟s(O‟Sullivan, 2010). The global economic recession
and the fall-out of the structural adjustment programme between 1987 and 1993
greatly affected the purchasing power of the governments in - 440 - developing
nations and the populace to replace existing public transport fleets of buses and taxis
(Kumar, 2011). In Rwanda these motorcycles are known as “moto” and are majorly
operated by the youth aged between 18-35 years (Malmberg, 2014). While in
Nigeria motorcycle taxis are called “Okada” and are used to ferry passengers in most
cities(Oluwaseyi, 2014). Uganda is a home of motorcycle taxis commonly known as
“Bodaboda” and is believed to have originated in Busia county of Tororo district,
Eastern Uganda in the mid-1960(Masanga, 2010;Ajowi&Kokwaro, 2013).
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