Market News

  • Kenya, Tanzania Industrialists Kick Off Meeting on Market Access

    Posted on :Friday , 16th July 2021

    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 the Confederation of Tanzania Industries (CTI).

    Mucai Kunyiha, KAM chairman, stated that . . .

  • Hyundai Motor Kenya has opened the Global Hyundai Dream Center for Automotive Training and Education.

    Posted on :Wednesday , 14th July 2021

    Hyundai Motor Company has announced the opening of its newest Hyundai Dream Center in Kenya, which is an automotive training and instructional institution. The new Dream Center is Hyundai Motor's sixth global institute, following Dream Centers in Ghana, Indonesia, Cambodia, Vietnam, the Philippines, and Peru.

    The Dream Center, which is located in the National Industrial Training Authorit. . .

  • Proton Exports Hit 669 Units in May

    Posted on :Friday , 25th June 2021

    PROTON Holdings Bhd hit a 98-month high in export sales in May 2021, selling 669 units.

    Steven Xu, Proton's worldwide sales director, stated at the start of the year that the company's objective for 2021 was to rapidly increase Proton's export sales volume. 

    “Despite international restrictions and the rising cost of shipping caused by the coronavirus, we we. . .

  • Kenya Strengthens Bilateral Relations with India

    Posted on :Friday , 25th June 2021

    Kenya and India have committed to collaborate in the fight against Covid -19, with a focus on promoting fair and affordable vaccine availability and treatment for all.

    CS for Foreign Affairs Amb Raychelle Omamo said they have noted the mutual desire to expand bilateral cooperation under the Kenya-India Joint Commission Framework during a joint wrap-up press briefing following a three-day. . .

  • Inchcape Launches BMW Motorcycle Dealership in the Kenyan Market

    Posted on :Friday , 4th June 2021

    The arrival of Inchcape into the motorcycle sector is expected to assist Kenya's automotive industry.

    Inchcape is an automotive distributor, retailer, and services firm established in the United Kingdom. Kenya (Inchcape Kenya) and Ethiopia (MOENCO) are the company's African dealerships, with Kenya serving as a centre for seven other African countries. Inchcape started as a Jaguar Land Ro. . .

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