Market News

Todt was received by Kenya Motorsports Federation (KMSF) President Phineas Kimathi upon his arrival on Monday for the 2 days visit. Kenya is competent of driving the Safari Rally back onto the World Rally Championship, says International Automobile Federation (FIA) President, Jean Todt. He further . . .

An Automotive Dealer based in Dar-es-Salaam has agreed to move all their showrooms from different parts of the city to a new common ground, Kigamboni. Kigamboni is expected to be the new hub of Automobile showrooms in the city. This was all done on the request of regional commissioner Mr. Paul . . .

 The automobile industry in Tanzania is growing, supported by growing incomes, improving urban infrastructure and the supply of cost-effective vehicles by Asian manufacturers. This sector of Tanzania gives ample opportunities to other countries to enter the market.    There has been . . .

 A South African trade delegation will next week embark on an “outward selling and investment” mission to Kenya and Tanzania aimed at increasing trade and investment opportunities between the country and the two East African states, Trade and Industry Minister Rob Davies has said.So . . .

 German automotive manufacturer, Daimler is targeting commercial vehicle market with its Kenyan-built bus models. The company known for vehicle models, Mercedes-benz, will stick with DT Dobie as its distribution partner to help drive that growth, joining a long list of vehicle manufacturers tha . . .