Wealthy Kenyans sell luxury vehicles as Covid hits incomes



Business Daily | by John Mutua


Wealthy Kenyans have been racing to dispose of their high-end cars in the wake of Covid-19 economic hardships, online listing of vehicle sales shows.

Findings of a Tifa Research survey released on Wednesday show that 34.4 per cent of the 151,000 cars listed for sale on Cheki — a car selling website — are sports utility vehicles (SUVs) and four-wheel drive models that are associated with the rich and middle class Kenyans.

The models include Toyota Prado, Toyota Harrier, Vanguard, Nissan X-Trail and…

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