Market News

A new MAN and Volkswagen (VW) heavy-commercial vehicle servicing facility has opened in Nairobi, Kenya. The R32.5-million, 9 000 m2 facility is owned by industrialist Rajinder Singh Baryan, MD of RT East Africa Limited (RTEAL). Print Send to Friend 0 0 “The new facility will offer after-sales . . .

Tanzania’s Tanga Port has acquired three new barges for US$10mn that will significantly increase storage capacity, reduce operational costs and improve overall port performance port robertpratt flickrThe new barges will enhance the port's operational efficiency. (Image source: RobertPlatt/Fli . . .

When Nigeria first unveiled incentives for carmakers to set up plants its auto industry had ground to a standstill. Fast forward two years, and there are at least 36 automakers with production licenses in the continent’s biggest economy, with Volkswagen AG, Nissan Motor Co. and Ford Motor C . . .

It may be a bit of a long shot, but African countries like Nigeria could be the final frontier for any automakers looking to cash in on the benefits of globalization and the financial fortitude of emerging markets. Long considered a lost cause due to prolific amounts of poverty, Africans in certain . . .

 South Africa's automotive sector has received a major boost with the launch of the combi metre production facility by Hesto Harnesses in KwaZulu-Natal.   Hesto Harnesses manufactures wiring harnesses for the automotive industry from a factory situated in Stanger, 90km north of Durban. T . . .