Abstract:
The study assessed youth perception on motorcycle taxi business investment and its effect on
their economic wellbeing. A cross-sectional research design was used whereby data were
collected through a structured questionnaire, key informant interview and documentary review.
Data were analyzed using quantitative approach with the use of descriptive statistics and
qualitative approach using narratives. Youth perception on motorcycle taxi business investment
is attributed through self-employment, secondary source of disposable income, lack of formal
employment opportunity and the need for entrepreneurship skills development. The study found
that, youth motorcycle taxi business investors benefit in the business which enables them to
develop economically through improved wellbeing. The key challenges facing the business
included poor road infrastructure, susceptibility of some riders being robbers by community
members and lack of training on road safety measures. Study concludes that, youth motorcycle
taxi business impacts on operators, owners and users’ well-being or quality of life by providing
affordable, quick, accessibility to remote places and flexible transport. It is therefore
recommended that local authorities and government to improve transport infrastructures like
putting street security lights, setting motorcycle parking stations and improving roads, regular
training on road safety measures to operators, training on road transport safety and training on
entrepreneurship skills to motorcycle taxi operators so as to significantly have positive effect on
their economic wellbeing.