Market News

  • Deere taps tractor-hailing tech in bid to break ground in Africa

    Posted on :Monday , 9th March 2020

    It's ride-hailing, farm style. Deere & Co. is pairing up with the "Uber of tractors" in Africa and betting on a prospect where farmers summon machines with the touch of a button.

    The world's leading farm equipment manufacturer is supplying its tractors with startup Hello Tractor's technology, which permits farmers to hail the machines through an app. It also monitors the vehicles' ac. . .

  • Toyota Kenya to add more car models to local assembly line

    Posted on :Monday , 2nd March 2020

    Toyota Kenya aims to add new models to their local assembly line. The motor vehicle manufacturer already assembles Land Cruiser pick-up trucks, Toyota Hilux locally and Hino trucks.

    The Managing Director of Toyota Kenya Limited, Mr Arvinder Reel said that they plan to present the new models from April to June, as they target to make it easier for Kenyans to purchase more first-hand cars.. . .

  • ISUZU MOTORS SA TO EXPORT PICK-UP KITS TO AFFILIATE FACILITY IN KENYA

    Posted on :Monday , 17th February 2020

    Isuzu Motors South Africa in Port Elizabeth, a subsidiary of Isuzu Motors Limited, which, in turn, is a majority shareholder of Isuzu East Africa, has announced that they have started to export Isuzu D-MAX pick-up kits in knocked down (KD) format to an associate manufacturing facility in Kenya.

    This is the first in a sequence of initiatives that will pursue to drive Isuzu strategy to boo. . .

  • Kenya to promote automotive sector

    Posted on :Monday , 6th January 2020

    Kenya plans to endorse local content of the Automotive Sector in order to boost the industrial sector. Director of Industries, Hezekiah Okeyo, with Ministry of Trade, Industry and Cooperatives stated that the vehicle assemblers are presently greatly reliant on imports.

    During the Enterprise India Expo Okeyo said, we will guarantee that as much as possible the local automotive sector uses . . .

  • Sinopec lubricants enters Kenyan market

    Posted on :Thursday , 12th December 2019

    Sinopec, Chinese oil giant, has launched its lubricant brand in Kenya, making a venture into the fast-growing division of the country market. Sinopec, the Fortune 500 Government owned Corporation, is an integrated energy and chemical company with upstream, midstream and downstream operations.

    It is a widely listed company in New York, Hong Kong, London and Shanghai Stock Exchanges. Sinope. . .

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