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November 9, 2022
New luxury car dealers saw their sales fall 22.2 percent in the nine months ended September, with demand for BMW and Mercedes models declining the most.
July 22, 2022
DP World said the Kenyan government had promised to issue a request for a commercial proposal for the port deals before the election.
April 14, 2022
He was appointed by KCB Group as the receiver-manager of Mumias Sugar in 2019 after the miller failed to pay its debt running into millions.
February 24, 2022
Government receiver Mark Gakuru said there are rising cases where company owners obtain court injunctions just to stall the process as they strip company assets during which litigation drags in...
January 11, 2021
Porsche Nairobi [PHOTO/ COURTESY] Multiple Hauliers, the company that owns Porsche Centre Nairobi has lost dealership for the luxury Germany car, Porsche. The contract termination will be effected end of January 2021, and the Porsche Centre Nairobi will completely seize from offering parts and service to clients in March 2021. Porsche AG, which owns the franchise, is expected to transfer the dealership to a new entrant in the market, which has been shaky due to the reduced demand of luxury cars...