Market News
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High visibility in the heart of Africa
Posted on :Thursday , 20th October 2016
Vice President M. Hamid Ansari’s tour of West Africa in end September, his second in five months, took him to Nigeria and Mali. His previous tour of North Africa covered Morocco and Tunisia. The latest tour may not have excited the national media, but it is imbued with significance for three reasons.
First, it marked the end of over a year – from M. . .Tanzania: Our Own Motorcycle Engine Is Here
Posted on :Wednesday , 5th October 2016
Hussein Rashid, 38 is the first Tanzanian creator of motorcycle engine. He has always loved mechanics since he was five years old. His father inspired him into fixing and creating toy cars.
"When I was younger my friend's parents used to buy toys for them but for me my father would always encourage me to create mine and that is how I developed the passion. . .Maruti Suzuki India clocks 15 lakh vehicle exports
Posted on :Saturday , 1st October 2016
Passenger vehicles market leader Maruti Suzuki India has clocked cumulative exports of 15 lakh (1.5 million) vehicles.
These vehicles have been exported to over 100 countries including Europe, Latin America and Africa, the company said in a statement. Early this year, the company's premium hatchback Baleno, manufactured exclusively in India, became the first car to be exported f. . .Ethiopia: Ministry Says Govt Committed to Develop Automotive Industry
Posted on :Saturday , 24th September 2016
The Ministry of Industry said that though the metal and engineering industry is at infant stage, it is playing crucial role in building the country's economy and advancing the technological capability of the nation.
Speaking at the signing of automotive assembly partnership agreement between the local Belay Ab Motors Plc. and the Korean Car Manufacturing Compa. . .Tanzania pushes for gas-powered vehicles to save cost
Posted on :Tuesday , 23rd August 2016
In the abundance of natural gas deposits in Tanzania, the public is advised to convert their petrol or diesel-fueled vehicles to natural gas so as to save cost and reduce carbon emissions.
With an initial investment of 65 million dollars, the Tanzanian government implemented a project targeting to supply 30,000 households with Compressed Natural Gas (CNG) for . . .Please Select an Option
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