Market News

  • Kenya and Japan seek to transform automotive industry

    Posted on :Wednesday , 29th November 2023

    Kenya and Japan have initiated an Industrial Policy Dialogue with the aim of defining the path of industrial cooperation that will boost their economic ties.


    This is intended to enhance the mutually advantageous relationship between the two countries, according to Cabinet Secretary for Trade, Investment, and Industry Rebecca Miano, who met with Japan's Minister for Economy, T. . .

  • Kenya Wants to Import 20,000 Electric Cars a Year in Order to Become Less Dependent on Fossil Fuels

    Posted on :Tuesday , 31st October 2023

    Kenya projects bringing in approximately 20,000 electric vehicles consistently to satisfy developing need and lessen the weight of utilizing petroleum derivatives, as per a report delivered.


    The Kenya Monetary Report 2023, gave by the Kenya Institute for Public Policy Research and Analysis (KIPPRA), an administration figure tank, said the drive of bringing in additional elect. . .

  • One Electric Starts Production in Kenya and Plans Further African Expansion

    Posted on :Tuesday , 26th September 2023

    One Electric has set up a joint endeavour with a Kenyan vehicle fabricating organization to start creation of its Kridn electric cruisers.


    One Electric is likewise planning to begin creation at a second plant in Kenya, with creation set to start in two months.


    One Electric likewise has plans to set up a battery producing plant in Africa before the years ove. . .

  • Kenya Will Produce Heavy Commercial Vehicles by End of Year – Kuria

    Posted on :Thursday , 24th August 2023

    Kenya will begin to locally gather weighty business vehicles before the years over, Speculations, Exchange and Industry Bureau Secretary Moses Kuria has reported.


    Kuria guaranteed that the nation will before long progress completely to dependence on privately gathered vehicles.


    "We have the ability to locally collect business vehicles, particularly the enor. . .

  • Iranian Businesses Agree to Distribute Vehicles Exclusively in Kenya

    Posted on :Friday , 4th August 2023

    NAKURU, Kenya, - Quipbank Trust Restricted, East Africa's biggest gear imparting stage has marked an organization to Iranian car producers, Zamyad Organization and Iran's second-biggest vehicle maker, Saipa.


    Provincial Overseeing Overseer of the gear tenant, Paul Njeru said the plan will see the hardware leaseholder become the seller for different units including internal com. . .


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