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High fuel prices drive down motorcycle sales

The rising fuel prices have cut boda boda and tuk-tuk operators’ margins, leading to reduced demand for motorcycle sales.

Nairobi areaKenya national bureau of statisticsNairobi securities exchange listedKenya national bureauCar amp general

Car & General seeks to wholly reacquire Cummins distributor

C&G sold its stake in Cummins CG to the franchise US owner Cummins Inc in 2017 to form the joint venture.

Nairobi areaCumminscg limited cumminsAfrica holdings bv cumminsCummins incCumminscg limitedNairobi securities exchange listedEastern africanCar amp generalCummins cg

Car & General adds 711 more jobs to its workforce after expansion

Diversified trading firm Car & General added 711 jobs across its operations in the year ended September 2022.

Nairobi areaNairobi securities exchange listedCar amp general

Car & General profit falls 23pc on weak shilling, costs

The profit drop to Sh679.46 million came on the back of higher debt servicing and goods clearance costs.

Paul wanderi ndunguWanderi ndung uCar amp generalFull year profit

Boda bodas increase 53pc in five years

Motorcycle registrations rose 53 percent in five years, highlighting the growing popularity of boda boda as a means of transport and source of income.

Nairobi areaSafety authorityNational transportToyota kenyaWangari maathai roadNational transport and safety authorityCar amp generalMeans of transport

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