VAELL, TELCOM KENYA SIGN KSHS 115 VEHICLE LEASING DEAL
Telkom Kenya has signed a KSh 115 million three-year contract to lease from local vehicle and equipment leasing firm Vaell. Under the agreement, Vaell will supply Telkom Kenya with 20 vehicles (Ford double cabins) each year within the lease period. Telkom Kenya joins the government and companies such as Coca-Cola and ARM Cement that have adopted […]
VAELL PARTNERS WITH SOUTH KOREAN AUTOMAKER HYUNDAI MOTORS
South Korean automaker Hyundai Motors has partnered with a Kenyan leasing company—Vehicle and Equipment Leasing Limited (Vaell)— as it seeks to grow sales in East Africa and tap into the sector that is seen as the new revenue stream. Hyundai Motors East Africa, a five months old subsidiary company, announced the deal as it marked […]
WHY LEASING OPTION IS GOOD FOR COUNTRY AND COUNTIES TOO
On February 23, governors, in an open letter to the Health secretary, expressed reservations over the proposed managed equipment services promised to counties by the national government. They said the deal was opaque and hence a few issues needed clarification. Granted, I don’t hold brief for the CS. Further, although I am a professional with […]
VAELL SEEKS TO LOWER HEALTHCARE COST WITH EQUIPMENT LEASING
Vehicle and Equipment Leasing Limited (Vaell) has launched Healthcare Equipment Leasing Limited (Heall), a leasing solution targeting private hospitals and clinics as well as mid-level government facilities. The solution is expected to lower the costs of medical equipment. “It costs Sh9,000 for dialysis in a public hospital like Kenyatta National Hospital and between Sh9,000 and […]
VAELL, CO-OPERATIVE BANK OF KENYA KSHS 1B LEASE PARTNERSHIP
Vehicle and Equipment Leasing Ltd (Vaell) has announced Sh1 billion lease partnership with Co-operative Bank of Kenya. The funds will be utilized to service the Government Police Vehicle Leasing Project, through a financing arrangement known as “Wholesale Leasing”. The product allows equipment dealers to negotiate lease deals for their clients through an independent leasing firm […]
