Market News

NISSAN Motors Tanzania expects to sell up to 500 cars in the Tanzanian market this year, as part of its commitment to assisting Tanzania's economic growth by offering flexible and all-terrain transportation requirements. According to Nissan Tanzania Sales and Marketing Manager Alfred Minja, the . . .

A historic memorandum of understanding (MoU) has been signed by twelve automobile organisations to accelerate the growth of the African automotive sector. A Memorandum of Understanding (MoU) was signed digitally between 12 Automotive Associations as part of the EU – Africa Business Forum 2022 . . .

TANZANIA National Parks Authority (TANAPA) has agreed to acquire cars and machinery from Al Mansour Auto EA Tanzania Ltd and Hughes Agricultural Tanzania Ltd for more than 15 billion. The agreement was signed yesterday at TANAPA Headquarters in Arusha by the two enterprises and the TANAPA Conse . . .

Franck Riester, France's Minister of Foreign Trade and Economic Attractiveness, formally presented the ecologically friendly electric automobiles developed by E-Motion Africa. E-Motion Africa was founded in 2019 with the goal of delivering an unique and easy solution to Tanzania's decarbonizati . . .

The East African Community (EAC) common external tariff (EAC CET) upper band rate, harmonisation of domestic taxes, harmonisation of product standards, review of the EAC Rules of Origin, and activation of the dispute settlement mechanism, according to the Kenya Association of Manufacturers (KAM) and . . .