[Source: Business Daily, by Victor Juma]
Simba Corporation is set to assemble Malaysian car brand Proton in Kenya starting November, aiming to attract price-sensitive middle-class buyers with prices as low as Sh1 million inclusive of taxes.
This will expand the list of passenger cars assembled in the local market, joining Volkswagen Polo Vivo (by DT Dobie) and Peugeot (Urysia).
Assemblers are increasingly taking advantage of tax incentives offered to firms producing locally…
