Mon, 13-Apr 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Reports
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Government Set to Establish Automotive Council

    Leah
    By Leah Wakarima
    - July 13, 2022
    - July 13, 2022
    Kenya Business news
    Government Set to Establish Automotive Council

    President Uhuru Kenyatta says the Government will set up a national automotive council to facilitate the implementation of the National Automotive Policy that is geared towards boosting the local assembling of motor vehicles.

    Speaking when he launched the locally assembled Euro 4 Mitsubishi L200 pickup at State House, Nairobi, President Kenyatta reiterated the Government’s commitment to creating an enabling environment for the growth of the country’s automotive industry.

    “I take note of the issue of getting the council established and that is something we shall see if we can do before we leave office to ensure that we create that enabling environment for the necessary institutions that will see this particular industry continue on its growth trajectory and becomes once again predominant part of the Kenyan economy,” President Kenyatta.

    The Head of State encouraged stakeholders in the industry to continue working with the Government to ensure it achieves its objectives of reviving and stabilizing the automotive sector.

    He thanked Mitsubishi, Associated Vehicle Assembly (AVA) and Simba Corporation for being true partners in the country’s efforts in growing the industry.

    “I really appreciate the partnership that we have had that has led to a revival of this industry that was once-moribund and for me to give you my assurance and my commitment that we shall continue to work together to reach the targets that we envisioned way back in 2019.” president Kenyatta.

    He further added that the Government will remain steadfast in ensuring policies aimed at bolstering the growth of the industry continues to be implemented.

    “We had all these people who were out there making break pads, we had people making windscreens, we had people making suspensions and shock absorbers and all these things. It is my hope that as we continue to increase the number of vehicle assembling plants, we will also have the backward linkages that would also enable some of these other industries that were a critical cog to local assembly revived, restored and brought back into play,” President Kenyatta said.

    Industrialization Chief Administrative Secretary (CAS) David Osiany said the implementation of the National Automotive Policy will ensure the country regains its position as a regional automotive manufacturing hub.

    “The industry has been able to provide 100,000 direct and indirect jobs to Kenyans. The industry also contributes about 30 billion per annum to the government through taxation,” David Osiany.

    Japanese Deputy Ambassador to Kenya Yasuhisa Kitagawa said his country is committed to its partnership with Kenya to ensure all designed projects are fulfilled for the benefit of the citizens of the two countries.

    Read also; Rivian Automotive Inc. loses Top Executive Charles Mwangi.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa