Market News
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Kenya to adopt electric cars to meet climate goals
Posted on :Friday , 27th August 2021
It is clear that virtually all of the world's population growth by 2050 is forecast to take place in developing countries yet thousands of cities in Africa, Asia and Latin America may stick to fossil fuel-powered vans, buses and motorcycles for decades.
The Kenyan capital's vehicle fleet doubles every 8 years and its roughly 4.5 million inhabitants rely on minibus taxis named Matatus to . . .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 were confident . . .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. . .Please Select an Option
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