Market News

  • Mobius Motors to launch a new Robust SUV in the African market

    Posted on :Monday , 20th November 2017

    The Kenyan car manufacturer, Mobius Motors, is looking to present an affordable but powerful and classy SUV for the African market.

    The Mobius II is set to be on the road by next year. Orders are being accepted by the company. This model is aiming to be an upgrade of the inaugural car released in 2014.
     
    Will it pave the way for a new homegrown car industr. . .

  • New Distribution Deal Signed Between Subaru and Kingsway

    Posted on :Friday , 6th October 2017

     This new agreement will provide genuine parts and services to all things Subaru at all outlets of Kingsway Tyres Services Centres in the major cities of Nairobi, Mombasa, Thika and Kericho.

     
    The agreement will see Kingsway Tyres Service Centres sell and stock original Subaru parts and provide warranties as per Subaru’s Global terms and conditions. Kingswa. . .

  • Kenya Remains Uber's Second Largest Market in Africa

    Posted on :Wednesday , 4th October 2017

     There are 363,000 active Uber users in Kenya according to the newest statistics released by the company to mark its fourth year on the African continent.

     
    South Africa is supposedly, Uber’s main market in Africa with an estimated 969,000 active users, while Kenya remains a distant second.
     
    The data also revealed that there ar. . .

  • Kansai Plascon acquires Sadolin Paints Kenya in a deal worth over $100m

    Posted on :Tuesday , 12th September 2017

     Kansai Paint is a global company with major operations in Japan, China, Asia, the Middle East, Europe and Africa. Its product offering covers the decorative, industrial, protective coatings and automotive segment. It has research and development facilities in Japan, India and South Africa.

     
    Speaking during a press briefing, Kansai Plascon Kenya Managing Directo. . .

  • VW SA mobilises team to drive sales elsewhere in Africa

    Posted on :Tuesday , 12th September 2017

     Thomas Schaefer, the chairman and managing director of Volkswagen Group South Africa, said a team was established last month that would go from country to country to assess opportunities.

     
    The establishment of the team follows Volkswagen South Africa earlier this year assuming responsibility for developing and networking 49 states to form the new sub-Saharan Af. . .

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