AFRICA'S MOST DYNAMIC AUTOMOTIVE & SPAREPARTS EXHIBITIONS
EXPOGROUP WORLDWIDE brings to you another edition of the hugely successful AUTOEXPO AFRICA, to be held in Kenya at the Kenyatta International Conference Centre (KICC), Nairobi from 11 - 13 April, 2017; in Tanzania at the Mlimani Conference Centre, Dar es Salaam from 16 - 18 August, 2017 and in Ethiopia at the Millennium Hall, Addis Ababa from 12 - 14 May, 2017.
Read more: AFRICA'S MOST DYNAMIC AUTOMOTIVE & SPAREPARTS EXHIBITIONS
Kenyans to run standard gauge railway once complete
The standard gauge railway in Kenya will be fully run by Kenyans after its construction is completed the country’s transport ministry has said. The government of Kenya sees skills transfer as a major issue in order to ensure seamless operation and management of the railway line upon its official launch.
Kenya’s Principal Secretary for Transport Irungu Nyakera says that the current jobs that are being done by the Chinese will be left to Kenyans who are currently training on Railway technology.
Read more: Kenyans to run standard gauge railway once complete
Kenya’s Automobile Industry Booming, Despite Challenges
With the recent introduction of one of the luxury car dealer Porsche on its market, the automobile industry in Kenya has been immediately ranked as one of the most dynamic sectors of the East African economy competing on pricing and brand reputation, despite the challenge related to the availability of spare parts.
Among the key auto industry looking to launch their assembly factory in Kenya in a move to avoid 25 percent currently being applied on imported vehicles, it includes India's Tata Motors which is looking to make strategic investments in East Africa through f ighting for dominance in jeeps and pickup truck market by 2017.
Read more: Kenya’s Automobile Industry Booming, Despite Challenges
Simba Corporation in Sh161m vehicles supply deal
Simba Corporation, owners of auto dealer Simba Colt Motors, Thursday got a boost from a Sh161 million order for 46 Mitsubishi staff vehicles by Vivo Energy — which trades in Kenya as Shell.
The acquisition of the SUVs (worth Sh3.5 million per unit) is on an operating lease arrangement. The deal, signed Thursday in Nairobi, will see Shell access a four-year tailor-made vehicle leasing deal and an eight-year lubricants supply contract.
“Faced by a desire to minimise transport costs, leading local companies and public sector institutions are fast turning to leasing solutions that are proving to be cost effective,” said Polycarp Igathe, the Vivo Energy Kenya Managing Director, during announcement of the deal.
