Market News

Karimjee Group, a well-known corporate conglomerate in East Africa, has opened a new service station called auto Inc. that is expected to completely transform Tanzania's vehicle repair market. Auto Inc. is strategically positioned to provide a contemporary, all-encompassing approach to automoti . . .

Yutong, a Chinese producer of commercial vehicles, is presently examining Tanzania's market in order to determine whether to establish an assembly manufacturing plant there. This comes after the market has shown encouraging tendencies since it entered the nation. Kellen Zou, the CEO of Yutong B . . .

The Japanese heavy commercial vehicle giant Isuzu Motor may soon open an assembly factory in the nation if the current demand is maintained. This would be in addition to the ongoing East African Community initiative to support the automotive sector in the area. According to Sandra Njagi, Head o . . .

Europe is chugging along slowly but surely in the transition from noisy, polluting combustion engine motorcycles to quiet, efficient electrics. Asia has already made impressive progress, and North America is, well, making an attempt. But Africa could be poised to leap past everyone as several countr . . .

The Government Procurement Services Agency (GPSA) has started the cycle pointed toward making all administration vehicles utilize packed flammable gas (CNG) to reduce oil based commodities expenses. The GPSA Acting Head of Correspondence and Advertising, Mr Peter Mayila, expressed as of late in . . .