Market News | Autoexpo Tanzania 2017

Market News

  • East Africa: Isuzu Buys 57.7 Percent Stake in General Motors East Africa

    Posted on :Friday , 3rd March 2017

    Japanese automaker Isuzu Motors Limited has bought out General Motors’ 57.7 per cent stake in General Motors East Africa (GMEA) for an undisclosed sum.

     
    The transaction will see the motor dealer change its name to Isuzu East Africa in April to reflect the change of control.
     
    Most of the dealer’s sales are bus, pick-ups and tr. . .

  • East Africa: EAC Looking to Assemble Vehicles Locally, Imports to be Hit Hard

    Posted on :Friday , 17th February 2017

    A strategy to promote local assembling of vehicles in East African countries may see Uganda lose heavily in customs duties collected daily.

     
    According to Uganda Revenue Authority (URA) statistics every day Uganda imports about 100 vehicles from countries such as Japan, Germany, UK and United Arab Emirates.
     
    The records mean every month U. . .

  • Expogroup Wins Big at the Tanzania Leadership Awards 2016

    Posted on :Friday , 3rd February 2017

     On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomerates with more than 500 employees, to small start-ups with a staff count of 2 to 4 employees.

    . . .

  • Tanzania: Chinese Bus Company Makes Emphatic Entry into Tanzania Market

    Posted on :Tuesday , 24th January 2017

    Chinese vehicle manufacturer King Long has formally started importation of its buses in the Tanzanian market through an agent Pwani Motors Limited.

     
    Speaking during the launch of the sales at the weekend which was attended by bus operators in Tanzania, the company's marketing manager for the Southern Africa region, Mr Danny Fu, said the entry in to the Tanzanian mark. . .

  • Ethiopia: Addis Ababa-Djibouti Railway Officially Completed, Creating High Speed Link Between Djibouti and Ethiopia

    Posted on :Thursday , 12th January 2017

     The completion of the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia's capital with the Port of Djibouti, was officially marked today at a ceremony at Nagad Railway Station in Djibouti.

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