Sales of new motor vehicles rose 48 per cent in April, signaling a rebound from March when orders suffered from a mix of economic softness and the coronavirus restrictions imposed on key sectors including the transport segment.
Data from the Kenya Motor Industry Association (KMI) shows that formal dealers including Toyota Kenya, Isuzu East Africa and DT Dobie moved 3, 942 units in the first four months to April compared to 2,661 units sold between January and March 2021.
Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.