Seems like translation issue (incorrect values in translation file). What's your language settings?
Alternatively try to uninstall, wipe waze folder and do clean installation.
if it looks strange, it's my phone's fault
SK Country Coordinator, SK Country Manager, Global Champ, Android Beta Tester
Waze 22.214.171.124 on HTC One, Android 5.0.2 @ white Škoda Octavia RS Combi