Market News

  • Toyota appoints first Kenyan as Country Manager

    Posted on :Friday , 11th August 2017

     The appointment of Reel is the first Kenyan appointment to this position.

     
    Reel takes over from Sachio Yotsukura who has been with the company for the last four and a half years and returns to Japan to pursue other duties under the parent company, Toyota Tsusho Corporation.
     
    Reel comes back home to Toyota Kenya with extensive exper. . .

  • Buses for Africa: Daimler launches two locally built Mercedes-Benz models for Kenya

    Posted on :Friday , 11th August 2017

     Daimler is bringing two new bus models to the important African market of Kenya. This is Daimler Buses’ response to the ever-growing demand in East and Central Africa for comfortable and safe buses for passenger transportation.

    Both bus models are built in Nairobi in cooperation with local sales partner DT Dobie Kenya for the domestic market and its challenging road conditio. . .

  • Motorcycle TVS StaR HLX 150 launched in Kenyan market

    Posted on :Friday , 11th August 2017

     Listed equipment supplier Car and General has launched a motorcycle, TVS StaR HLX 150, with state-of-the-art features in the local market.

     
    “Kenya has recently witnessed a positive upswing in the economy, thus creating opportunities in the transport and mobility sector,” Car and General group managing director Vijay Gidoomal said in a statement.
  • General Motors East Africa is now Isuzu East Africa

    Posted on :Friday , 11th August 2017

     The change of name took effect from 1st August, 2017 after attaining the required regulatory approvals.

     
    Speaking at Isuzu East Africa offices, Isuzu East Africa Managing Director, Rita Kavashe, noted that the change is a continuation of the vision the management and board of the company had for 40 years now.
     
    “Over the last . . .

  • Kenya: Uber Increases Fares After Driver Protests

    Posted on :Friday , 17th March 2017

    Uber has bowed to pressure from partner drivers who have been demanding a review its rates amidst increasing competition in the ride-sharing sector.

     
    Uber Kenya has increased fare prices by raising the minimum fare to Sh300 from previous Sh200 in Nairobi and fare per kilometer from Sh35 to Sh42. This is the first time Uber is increasing its price after a series of fa. . .

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