Market News
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New Distribution Deal Signed Between Subaru and Kingsway
Posted on :Friday , 6th October 2017
This new agreement will provide genuine parts and services to all things Subaru at all outlets of Kingsway Tyres Services Centres in the major cities of Nairobi, Mombasa, Thika and Kericho.
The agreement will see Kingsway Tyres Service Centres sell and stock original Subaru parts and provide warranties as per Subaru’s Global terms and conditions. Kingswa. . .Kenya Remains Uber's Second Largest Market in Africa
Posted on :Wednesday , 4th October 2017
There are 363,000 active Uber users in Kenya according to the newest statistics released by the company to mark its fourth year on the African continent.
South Africa is supposedly, Uber’s main market in Africa with an estimated 969,000 active users, while Kenya remains a distant second.The data also revealed that there ar. . .Kansai Plascon acquires Sadolin Paints Kenya in a deal worth over $100m
Posted on :Tuesday , 12th September 2017
Kansai Paint is a global company with major operations in Japan, China, Asia, the Middle East, Europe and Africa. Its product offering covers the decorative, industrial, protective coatings and automotive segment. It has research and development facilities in Japan, India and South Africa.
Speaking during a press briefing, Kansai Plascon Kenya Managing Directo. . .VW SA mobilises team to drive sales elsewhere in Africa
Posted on :Tuesday , 12th September 2017
Thomas Schaefer, the chairman and managing director of Volkswagen Group South Africa, said a team was established last month that would go from country to country to assess opportunities.
The establishment of the team follows Volkswagen South Africa earlier this year assuming responsibility for developing and networking 49 states to form the new sub-Saharan Af. . .Simba Corp to acquire full control of vehicle assembler
Posted on :Tuesday , 12th September 2017
Simba Corporation is set to take full ownership of Mombasa-based Associated Vehicle Assemblers (AVA) after it received regulatory approval to acquire the stake held by Marshalls East Africa.
The AVA is currently owned on a 50/50 basis by Simba and Marshalls.In a press statement, Competition Authority of Kenya (CAK) said it had g. . .Please Select an Option
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