Malaysia, not China, is Asia's top investor in Africa
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- Category: Automotive
- Published on Tuesday, 26 March 2013 04:34
- Written by Super User
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A survey of foreign investment into and out of the five BRICS countries, published on the eve of their summit in South Africa and while new Chinese President Xi Jinping visits the continent, revealed that China's march into Africa has lagged behind the flow of cash from Kuala Lumpur.
Read more: Malaysia, not China, is Asia's top investor in Africa
Tata in Africa: pioneer forges ahead
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- Category: Automotive
- Published on Tuesday, 26 March 2013 04:25
- Written by Super User
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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
Land Rover, CMC in fresh row over car parts supply
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- Category: Automotive
- Published on Tuesday, 26 March 2013 04:06
- Written by Super User
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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
Read more: Land Rover, CMC in fresh row over car parts supply
Luxury car travel comes of age in Kenya and sets the stage for big business
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- Category: Automotive
- Published on Thursday, 14 March 2013 12:31
- Written by Super User
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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
Read more: Luxury car travel comes of age in Kenya and sets the stage for big business