Toyota Kenya has set up a Toyota Hiace assembly line at the associated vehicle Assembling (AVA), to capitalise on the rising consumer demand for passenger vehicles. Toyota Kenya Chief Operating Officer, Joshua Anya, said the local assembly plant in Miritini targets to produce about 500 units annually as it seeks to expand its market share in public transport. The cost for one unit will range between KSh4 million and KSh4.5 Million significantly addressing the deficit in the local market. Anya noted that the new assembly line will create about 1,500 jobs within Mombasa County. “This demonstrates our commitment to grow…
Author: Korir Issa
Korir Issa
IK, a Masinde Muliro University grad, tackles social justice through journalism. He analyses news and writes on women's rights, politics, technology, law, and global affairs.
That convivial time of the year is back! Ah! Christmas. It is time for people to get together and spread the holiday cheer. It’s about human contact and an invaluable way of getting together with far-flung friends and relations. Well, we all could use a little joy this festive season, and guess what? Home is where the heart is, and it is where the magic happens – and this year, we are living the Christmas dream with Coca-Cola’s Real Magic! Deeply rooted in the idea that magic lives in the unexpected moments of connection, the Coca-Cola Real Magic focuses on…
Food ordering and delivery service platform, Uber Eats says vegan dishes were more popular than ever in 2021, with a 56% rise in vegan restaurants joining the app. Vegan orders increased by 47% since the same time in 2020 according to its Uber Eats third cravings report. In the period, vegan desserts accounted for a large percentage of customers’ favourite dishes, with Magnum Vegan Classic Ice Cream Stick 90ml and Vegan Kilimanjaro Vanilla Tub being the favourite options. According to the delivery service platform, the report is a snapshot of the most popular, the most unusual, and some of the…
Diamond Trust Bank (DTB) has partnered with Habib Bank Limited (HBL) to unveil the China Coverage Department to cater to Chinese enterprises operating within the East African Market. DTB will offer a wide range of products to cater to the needs of the market including direct RMB remittances from Kenyan Shilling, RMB-based trade products. “Through our connection to HBL, we have opened doors between East Africa and China. DTB will support the financial needs of Chinese businesses by facilitating direct remittances to and from East Africa,” said Nassim Devji, DTB Group CEO & Managing Director. “HBL is the only bank with…
CDC Group, the UK’s development finance institution and impact investor, on Tuesday, said it will invest over £3 billion to support emerging economies in Africa and Asia to combat the climate emergency. The Group said the funds will be invested over the next five years across renewable power, infrastructure and agriculture sectors. In addition, it will increase venture capital investment in early-stage, technology-based businesses that have the potential to play vital roles in the fight against climate change. This will be supported by the £200 million Climate Innovation Facility announcement by the UK Government at COP26. The fund has been…
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