African Business News

Tata in Africa: pioneer forges ahead

When anyone speaks about investment into Africa, China comes to mind. It’s the familiar and contentious story of

a developing power drawn to a resource-rich continent.

But now another growing economy, India, is eyeing Africa – and India’s most prominent industrial house, Tata

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Toyota Launches $4.9m Assembly Plant In Kenya

Japan’s largest automaker Toyota, Tuesday launched a Sh500 million ($4.9 million) truck and bus assembly plant and showroom in Kenya in a move to steal market dominance from competitor, Ford.

Kazuhiko Wanabe, GM Hino Motors – the of the subsidiary under which Toyota is producing the vehicles, disclosed

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Land Rover, CMC in fresh row over car parts supply

The row between motor dealer CMC Holdings and Jaguar Land Rover (JLR) has taken a new twist after the South Africa-based firm refused to supply the Kenyan unit with spare parts.

The Nairobi bourse-listed auto dealer has gone to court accusing its business partner of disobeying orders, which

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Luxury car travel comes of age in Kenya and sets the stage for big business

In 2008, two brothers, Ash Sadique and Wayne Fernandes, invested Sh4.5 million in an eight-metre Isuzu Trooper which could comfortably accommodate 15 people for a classy ride.

Mr Fernandes said their business was so successful that an additional limousine was inevitable, eventually giving rise

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