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Fuel Prices to Go Up in Namibia

Mines minister Tom Alweendo has announced a countrywide fuel price increase next Wednesday. The minister said petrol will increase by 20 cents per litre and diesel by 19 cents per litre at all towns supplied from Ondangwa, which was declared a fuel town in April this year. He also said the

Volvo, FedEx test truck ‘platooning’ on public U.S. road

A Federal Express truck in La Jolla, California. REUTERS/Mike Blake   Truck maker Volvo AB and package delivery company FedEx Corp said on Wednesday they have begun public U.S. testing of “platooning” technology, which allows digitally-connected semi trucks to save fuel by driving closely together in convoy, on a highway in North Carolina. Using a

Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices

A coalition representing major foreign automakers in U.S   Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars. A coalition representing

Volkswagen Launches Rwanda Operations

Initial investment of US$20 million to create up to 1,000 jobs, assemble up to 5,000 cars per year. The wait is over as Volkswagen (VW) officially kicks off its much-awaited operations in Rwanda. The official launch will take place on Wednesday, at the Kigali Special Economic Zone where its first assembly base will be

Harley-Davidsons Should “Never” Be Made Abroad – President of the USA

Harley Davidson Fat Bob President Donald Trump has said Harley-Davidsons should "never" be built abroad, as he attacked the firm's plans to move some production overseas to avoid European tariffs. Mr. Trump said the iconic bike brand's new Thailand plant marked a "surrender" and "the beginning of the end". Last week, the EU

Lagos-Ibadan road: FG remobilises Julius Berger to site

Lagos - The construction firm, Julius Berger Nigeria Plc has been mobilized the federal government to commence work on the Lagos-Ibadan Expressway. According to the Punch, it was gathered that the firm was expecting huge payment from the Federal Government following the signing of the 2018 Appropriation Bill by President Muhammadu Buhari after

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