VAELL SHINES IN TANZANIA
VAELL has once again been featured in the prestigious list of Tanzania’s Top 100 Mid-Sized companies for the year 2019/20 in an event held at Serena Hotel in Dar Es Salaam. This time round we were ranked position 29, being an improvement from number 45 in last year’s survey. This is the fourth appearance on […]
VAELL TANZANIA AMONG THE TOP 100 MEDIUM-SIZED COMPANIES IN TANZANIA
Vehicle and Equipment Leasing Limited (VAELL), leasing market leader in the region, was ranked among the front-runners of Top 100 Mid-Sized companies in Tanzania. This survey conducted by KPMG and Mwananchi Communications Ltd in association with Tanzania National Bank of Commerce involved around 200 companies operating in Tanzania with TZS 1 billion to TZS 20 […]
Vaell admitted to NSE’s Ibuka programme
Vehicle and Equipment Leasing Limited (Vaell) has become the sixth enterprise to so far be admitted into the Nairobi Securities Exchange (NSE) premium incubation programme, Ibuka. The admission follows a demanding evaluation and vetting process conducted by NSE and according to the securities exchange Chief Executive Officer (CEO) Geoffrey Odundo, the admission of Vaell into […]
VAELL APPOINTS NEW MD FOR KENYA
Regional leasing firm, Vehicle and Equipment Leasing Limited (VAELL) has tapped Ms. Bertha Mvati from Zohari Leasing Limited, a subsidiary of Centum Investment Limited as the new Managing Director for Kenya. Ms. Mvati is expected to undertake commercial and operational roles. She brings over 10 years of leasing experience. Prior to her appointment, she was […]
LENDER ORDERED TO PAY VAELL SH8M
In the court ruling documents seen by The Standard, the court established that the lender had overcharged VAELL interest rates of up to 28 per cent – double the 14 per cent set by the law capping interest rate charged by financial institutions. According to the law, banks can be fined up to Sh. 1 […]
