Market News

 Following a visit to Nigeria to advocate for a robust automotive sector, the African Association of Automotive Manufacturers, that includes Ford Motor Co., Nissan Motor Co., Toyota Motor Corp., General Motors, BMW AG and Volkswagen AG, the carmakers led other executives to Kenya to rise an aut . . .

Ashok Leyland, an Indian based company has won an order valued 170m/US dollars from the government of Tanzania for purchase of Leyland's vehicles.   According to the statement released by Ashok Leyland's Head of Marketing and Corporate Communication, Mr Rajesh Mani the company will also suppl . . .

 Dodoma — The government has appointed a team of consultants to study and propose approaches for establishment of a tyre manufacturing plant in the country.   The Permanent Secretary in the Ministry of Industry, Trade and Marketing, Dr Adelhem Meru, revealed this yesterday before t . . .

 Chennai-based commercial vehicle maker Ashok Leyland said on Thirsday that it has won an order worth $170 million from the Tanzanian government to supply vehicles and related items. The company informed about the order minutes before trading hours; the share price of Ashok Leyland closed 1.72 . . .

 Vice President M. Hamid Ansari’s tour of West Africa in end September, his second in five months, took him to Nigeria and Mali. His previous tour of North Africa covered Morocco and Tunisia. The latest tour may not have excited the national media, but it is imbued with significance for t . . .