Sri Lanka Says President’s Kenyan Visit Successful
The President’s Office said in a statement that in addition to attending Kenya’s 50th Independence Day celebrations, the visit was aimed to enhance bilateral relations and open up new economic cooperation opportunities for the two countries and their business communities.
Currently, there are approximately 200 Sri Lankans living in Kenya with a number of them engaged in large projects in a variety of sectors from apparel and horticulture to motor vehicle trade.
Read more: Sri Lanka Says President’s Kenyan Visit Successful
MCAS Gets Mortgages, Car Loans in Salary Deal
 Members of the County Assemblies (MCAs) have agreed to reconvene their sittings next week having reached an agreement with the Salaries and Remuneration Commission (SRC).
The County National Governing Council which reached the agreement with the SRC is however separate from the Speakers Forum that has been representing the MCAs in the dispute until now.
The MCAs agreed to return to work after SRC gave in to their demands for a car loan, mortgage, mileage allowance, increased sitting allowances and the promise of a salary raise.
"Indeed the review never goes downwards.
Kenya Set To Introduce Electronic Vehicle Tracking Solution
Kenya’s revenue authority said Tuesday it will electronically start monitoring movement of cargo in the Single Customs Territory (SCT) from February 2014.
In a statement, the Kenya Revenue Authority (KRA) called on all transporters, shipping agents, and clearing and forwarding agents as well as those dealing with exports to ensure their vehicles are fitted with electronic seals.
KRA said it will be using the Electronic Cargo Tracking System (ECTS) to monitor the movement of cargo across the East Africa region. ECTS monitors captures real time location, security, and condition information about cargo and assets.
Read more: Kenya Set To Introduce Electronic Vehicle Tracking Solution
Daimler Trucks Asia invests 300 million euro
The two commercial vehicle subsidiaries MFTBC and DICV are bundling their Asian business under the umbrella of Daimler Trucks Asia with a view to generating further sales growth in Asia and Africa. To this end, Daimler Trucks Asia will invest 300 million euro in the international sales and production structures on schedule in the period from 2014 to 2018. By the year 2020, around 290,000 units of the FUSO and BharatBenz brand are to be sold worldwide.
Dr. Albert Kirchmann, Head of Daimler Trucks Asia and MFTBC President & CEO, said on the occasion of the Tokyo Motor Show: “With the investments, we are expanding our existing sales and production network in order to take advantage of future sales potential in Asia and Africa.”
