Market News

  • President Macron Kenyatta to Discuss Nairobi CBD, JKIA Rapid Transit Train Service

    Posted on :Wednesday , 20th February 2019

    The expected rapid transit train service between Nairobi CBD and the Jomo Kenyatta International Airport is among projects proposed to feature conspicuously when President Kenyatta hosts French President Emmanuel Macron in Nairobi mid next month.

     
    French Ambassador Aline Kuster- Manager confirmed that the French President will visit the country when she paid a courte. . .

  • E-parking launched in Mombasa to boost revenues

    Posted on :Tuesday , 19th February 2019

    Mombasa government brings out a major milestone as the county launches electronic vehicle parking (e-parking) to raise revenue collection.

    This is the commencement of a journey that will watch the Governor Hassan Joho-led administration digitise services in all its 10 departments.The automation of parking fees collection will promote efficiency and stanch revenue leaks, said Fina. . .

  • EAST AFRICA: BEST INVESTMENT DESTINATION IN 2019

    Posted on :Friday , 8th February 2019

    Report from Rand Merchant Bank (RMB) has forecasted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. 

    East Africa being a performing region in last few years has recorded more than an average growth in the number of Foreign Direct Investment (FDI).
     
    Justifying to the report, Ethio. . .

  • East Africa Vehicle Assembly Planning To Boost Automotive Industry

    Posted on :Friday , 4th January 2019

    Establishment of the Regional Automotive Industry Platform of East Africa has enhanced East African states to move towards integrated automotive market.
    They instinct it will be productive for global automotive manufacturers to invest in the region in both assembly and component manufacture.The new platform (Raipea) aims to help the region save more than $2 billion in car import costs an. . .

  • Scania East Africa Launches New Truck Range

    Posted on :Thursday , 15th November 2018

    Scania East Africa has launched its new truck generation becoming the second market in Africa to roll out the new truck range. 
    The new models have been launched in phases across the globe since August 2016 revealing results of ten years of development work, billions of dollars of investments and more than 10 million kilometres of test driving.
    Scania is extending. . .

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