Market News

 East African countries are closer to an agreement that could boost motorcycle assembly in the region. The EAC Secretariat has appointed a team of experts from each member state to develop a proposal that will promote value addition and motorcycle assembly in the region. The experts will ident . . .

 Online taxi hailing app Mondo Ride has launched a service that allows its customers to request for motorcycles, seeking to cash in on their growing popularity due to their ability to manoeuvre through traffic. The Dubai-based Romania-founded company, which launched in Kenya in January, rolled . . .

Kampala — East African Community (EAC) member states are spearheading a proposal to ban the importation of cars from outside countries.   President Museveni disclosed yesterday that they are in final stages with other East African states to ensure that no cars are imported into the regi . . .

  The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Analysts anticipate the market to grow by 2%, reaching 91 million new uni . . .

 Pioneer Electronics, a leader in after market car electronics has introduced a new range of in-vehicle infotainment products in Kenya. According to the company, this move will enhance motorists experience and further boost its market share.   The new products include two new AV reciever . . .