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TOP STORIES

JAC Motors Pushes Tough X200 Forward-cabs Through Demanding Rental Market

Trailarent, one of South Africa’s leading rental companies, has procured 50 JAC X200 forward-cab workhorses to add to its offering of bakkies, vans, cars and trailers. Trailarent is a 24-hour operation with 15 branches across South Africa. The growing market for bakkie rentals necessitated Trailarent to increase its workhorse fleet ...

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Major Milestone as LEVC Celebrates Sale of 5000th Electric Taxi in London

LEVC (London Electric Vehicle Company) on  Wednesday, April 26, 2022  announced another significant milestone with 5,000 TX taxis sold in London. As the world’s most advanced electric taxi, the TX delivers the best possible experience for drivers and passengers, substantial savings for operators and reduced urban emissions for the capital. ...

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GTCO Profit Before Tax Hits ₦54.3billion for 2022 Q1 

Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦54.3billion, representing an increase of 1.1% ...

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Ford Announces Dealer of the Year Awards Winners, Showcases Incredible Results Despite 2021 Challenges

Ford South Africa’s Annual Dealer Awards remained a highlight of the year as it once again celebrated the hard work, dedication and passion shown by Ford’s dealer network, consisting of 121 Ford dealers in Southern Africa. The results take into account performance across the full spectrum including sales, aftersales, Ford Credit, ...

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UK’s First Full-sized Autonomous Bus Hits the Roads in Scotland

The UK’s first full-sized autonomous bus hit the roads of Scotland for the first time this week as live testing begins for project CAVForth. Stagecoach, in partnership with Fusion Processing, Alexander Dennis and Transport Scotland, will be carrying out on-road testing of the autonomous bus over the next two weeks ...

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VDMA Provides New Opportunities for EU−African Trade

VDMA, Europes’s most important Mechanical Engineering Industry Association, is providing new opportunities for EU-African trade as it  has established training centres in Botswana, Nigeria and Kenya, where prospective skilled workers are trained on modern machinery and equipment as part of the initiative “Skilled Workers For Africa”. “After the Ukraine war, many ...

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Hyundai Donates R3 Million to Assist Victims of KwaZulu-Natal Floods

Hyundai Automotive South Africa and Hyundai Motor Company of South Korea has donated R1,5 million towards relief efforts for residents of KwaZulu-Natal who were severely affected by the recent floods in the province. The donation in the form of a cheque was handed to Gift of the Givers Foundation on Tuesday, ...

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Hunter Engineering to Storm Lagos for West Africa Automotive Show

For the first time in its history, Hunter Engineering will be exhibiting at an automotive trade show on the African continent. Hunter will be among the more than 100 exhibitors taking part in the West Africa Automotive Show at the Landmark Centre in Lagos, Nigeria, May 17-19. Last held in 2019, ...

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DIFC-based Tarabut Gateway Emerges First Regulated Open Banking Platform in UAE

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. ...

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TotalEnergies, NEXUS Automotive Extend Strategic Partnership

TotalEnergies Lubrifiants, a major player in the global lubricants market, and NEXUS Automotive International (N!), the world’s leading group of automotive and heavy-duty parts distributors, have extended their worldwide strategic partnership for a period of five years in an agreement signed on January 26, 2022. As part of this partnership, ...

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