Equity Bank Partners with Toyota Kenya to Capitalize Clients

Posted on :Wednesday , 12th June 2019

Equity Bank and Toyota Kenya Limited clients would now be able to access up to 95% financing payable within 60 months on the single cab Hilux pickups. This follows a partnership agreement signed between Equity Bank and Toyota Kenya that will see the two organizations capitalize businesses and people keen to grow but are frequently because of absence of enough capital.

Tal. . .

Volkswagen To Recover Investment in Rwanda

Posted on :Wednesday , 29th May 2019

German car maker, Volkswagen (VW), taking a bet on the upward trajectory of car ownership, last year launched a US$20 million car assembly plant in Kigali, the capital of Rwanda in an expansion drive across Africa. 

Quickly after, VW also launched its robust mobility service, Move, with a new business model that has it controlling the entire value chain from providing its own cars . . .

African Car Sales Experiences An Exceptional Raise

Posted on :Wednesday , 29th May 2019

A struggling economy, political uncertainty, fragile consumer confidence, mounting pressure on disposable income, and diminished purchasing power as a result of higher interest rates and fuel price hikes, have all taken their toll on domestic new vehicle sales in South Africa. However, it’s not all doom and gloom for the automotive sector. According to the latest new vehicle sales statist. . .

Voltic Africa Plans to comfort Public Transport by Introducing Bus Booking App

Posted on :Wednesday , 24th April 2019

The competition for affordable and decent modes of transport continues as the digital startup Voltic Africa plans to introduce a booking App that allows commuters book bus tickets to and from the Nairobi Central Business District in the next 18 months.

ROBUST LOCAL VEHICLE ASSEMBLY SECTOR WILL ENABLE KENYA TO INCREASE EXPORTS

Posted on :Tuesday , 23rd April 2019

Kenya is planning to develop a policy that will boost motor vehicle exports to East African countries.

Mr. Stephen Odua the director of private sector development at the Ministry of Industry, Trade and Cooperatives told journalists in Nairobi that all relevant stakeholders are currently reviewing the national automotive policy.

The country's exports of automotive products to the. . .