Good News from Africa

Corporate Good News from Africa

  • Kenyans buy 45 VW comfort line units from DT Dobie:

Car dealer DT Dobie, the franchise holder of German car maker Volkswagen, says it has sold 45 units of the new locally assembled Polo Vivo Comfort line as the firm ramps up efforts to expand its portfolio of Kenya-produced motor vehicles. The auto dealer started producing the new 1600cc Comfort line model in April. It is priced at Sh1.69 million after its predecessor 1400cc Polo Vivo, which has so far sold about 280 units since start of its assembly in 2016.“In the beginning we sold about five Polo Vivo in a week but the demand has grown steadily since then and we are getting orders of about 25 of this model in a week. This goes to show that locals are willing to spend on new cars when they understand the benefits of the new over the mitumba (second-hand),” said DT Dobie Director of Sales and Marketing Alexander Helfritz. Last week it unveiled its locally assembled van, Caddy Combi.

  • State set to recruit interns on monthly pay of Sh25000:

The Public Service Commission (PSC) will next month start the hiring of interns that will be paid Sh25,000 monthly. Commission chairman Stephen Kirogo told the National Assembly Committee on National Cohesion that the PSC is drafting a policy to guide the recruitment. The PSC targets to hire 3,000 interns who are expected to be posted to various stations by mid-September. “We start the recruitment in August and qualified individuals will be required to apply directly to the commission,” said Mr. Kirogo. Parliament revised the PSC budget for the year starting July to include a Sh1 billion allocation to facilitate the hiring of interns.

  • State vows to keep off Collymore succession:

The government has made a U-turn on the succession race at Safaricom , saying it will work with whoever the Telco’s board chooses to replace the late Bob Collymore. The move is a departure from Kenyan officials’ position in the past that he should be succeeded by a local, a development that led to a delayed announcement of his replacement, according to a Reuters report at the time. “Their (Safaricom) board will decide who they will have as the new CEO. There is no say from the government on who becomes CEO, once they (Safaricom) decides, then we will carry on with that person,” said ICT Secretary Joe Mucheru last week. Safaricom, which is Kenya’s most profitable company, is seeking a successor to Mr. Collymore who succumbed to cancer this month, just months after he agreed to stay on for an additional year to August 2020 in what was seen as a move to allow the government and Vodafone to negotiate an agreement.

  • Naivasha, Konsa City named special zones:

The Government has designated 9,000 acres of land in Naivasha, Mombasa and Machakos as special economic zones (SEZs) as it steps up efforts to boost manufacturing. Trade and Industrialization Cabinet Secretary Peter Munya gazetted the zones Friday meaning they enjoy special tax and infrastructure that facilitate a wide range of activities such as storage, export and re-export. “The Cabinet Secretary for Industry, Trade and Co-operatives on recommendation of Special Economic Zones Authority, declares all that land being title No. L.R. No. 8396/56, measuring 404.7 hectares (1,000 acres) in Mai-Mahiu area within Nakuru County to be a Special Economic Zone,” said Mr. Munya.

Kindly note that the above mentioned news have been extracted and googled thru the various local news papers from African continent
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