Kenya: Jaguar Sees Higher Demand Despite Drop in New Luxury Car Sales

Posted on :Friday , 10th February 2017

New luxury car sales dropped 30.3 per cent last year, with Jaguar being the only model to register higher demand among Kenyan dealers.

Luxury car traders sold 285 units of the high-end vehicles in the year, down from a peak of 409 units recorded in 2015, according to data from the Kenya Motor Industry Association (KMI).

Kenya: France Overtakes Japan to Become Kenya's Second-Largest Bilateral Creditor

Posted on :Wednesday , 8th February 2017

Nairobi — France has overtaken Japan as Kenya's second-largest bilateral creditor accounting for 2 percent of external debt.

Expogroup Wins Big at the Tanzania Leadership Awards 2016

Posted on :Friday , 3rd February 2017

 On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomerates with more than 500 employees, to small start-ups with a staff count of 2 to 4 employees.

Industry Experts, Top Professionals from Over 30 Countries to Convene at AUTOEXPO AFRICA 2017

Posted on :Monday , 23rd January 2017

Kenya’s GDP per capita is expected to grow at a remarkable compounded annual growth rate of 7.5% between 2000 and 2020 which is expected to drive an increase in personal consumption and sale of motor vehicles. The purchase of cars, motorbikes and other commercial vehicles accounted for 1.5% of total consumer expenditure last year and is expected to steadily grow till 2025 as incomes conti. . .

Kenya: Four Locomotives Arrive at Mombasa Port

Posted on :Thursday , 12th January 2017

 Four locomotives and two Shatners (railway engines) arrived at the port of Mombasa on Monday as the Sh372 billion Standard Gauge Railway takes shape.

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