Market News

President Macron Kenyatta to Discuss Nairobi CBD, JKIA Rapid Transit Train Service
President Macron Kenyatta to Discuss Nairobi CBD, JKIA Rapid Transit Train Service
20 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 conf . . .

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E-parking launched in Mombasa to boost revenues
E-parking launched in Mombasa to boost revenues
19 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 o . . .

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EAST AFRICA: BEST INVESTMENT DESTINATION IN 2019
EAST AFRICA: BEST INVESTMENT DESTINATION IN 2019
8 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 . . .

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East Africa Vehicle Assembly Planning To Boost Automotive Industry
East Africa Vehicle Assembly Planning To Boost Automotive Industry
4 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 . . .

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 Scania East Africa Launches New Truck Range
Scania East Africa Launches New Truck Range
15 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 . . .

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