Three Lions (Motif for English National Identity) Safari Rally (The Hare Race)

Started initially as the Coronation rally in 1953, the Safari Rally was initiated whilst Queen Elizabeth was on her honeymoon in Kenya. It was later known as the East African Rally, Malboro Rally,KCB Rally, and today's WRC Safari Rally. It has now evolved to be the biggest motoring event in the African continent, eclipsing the Dakar rally. After three decades, it was moved out of the continent in 2008 due to terror threats in Mauritania. Another is the South African Grand Prix, which was part of Formula One Circuit until 1993 when it was discontinued due to financial problems. Sadly there are just over 500 registered rally drivers in the East African region. A sport that is loved by many has very few participants. 

Initially, the 3200 kilometers safari took five days from May 27th to June 1st, 1953, from Nairobi to Morogoro in Tanzania and back to Nairobi. The second leg took the drivers to Kampala (Uganda) and back to Nairobi through dusty roads and paths that no routes existed. Rules were simple, get a document signed by the majors in Dar and Kampala in the shortest time possible, and you would be declared the winner. Clearly, the event organizers were not worried about fax machines, GPS or accompanying teams. 

The WRC Safari rally this year did not disappoint despite coming after a 19-year-old hiatus. It was held in a 48,000-acre—Soysambu Conservancy against a backdrop of giraffes, lions, elephants and leopards. The eventual winner was Sebastien Ogier, a pre-event favourite. Covering an overall distance of 1,113 km and a travel distance of 813 km, he and his team emerged winners riding on the Toyota Gazoo Racing WRT. Local heroes Onkar Rai and Drew Sturrock were winners in the WRC Category 3. Kudos. 

A Rhino (The tortoise race)

In the hare and tortoise tale, an enduring theme is that "The race is not for the swift but for those who endure it". A rhino charge is an annual event held in remote and wild areas in Kenya. It is an Off-road 4x4 competition in Kenya that seeks to conserve and protect Kenyan Mountain Range Eco-systems (Water Towers). Today, the Rhino Ark Charitable Trust has raised over USD 16 million for erecting a fence that is 650 km long, and this has reduced the human-wildlife conflict. Funds have also been channelled into protecting the endangered Rhino. 

Termed as an endurance race, the entrants must visit several guard posts, while travelling the shortest possible route across a merciless, trackless and often rocky terrain. As if not enough, speed is penalized. Restricted to 65 entrants, the 4x4 drivers have to cover a distance of approximately 100 km in 10 hours (Max) by ensuring that every guard post is visited. The winner is the entrant who visits all the GPS posts provided in the shortest distance possible. Only 65 entrants are allowed. It is my all-time favourite motorsport—a real test of man and machine versus nature.

The Rhino charge route remains a secret until the day of the event to prevent competitors from looking up the route on GPS ahead of time. It is the ultimate test of bravery and level of skill in off-road driving and navigation. A little like the driving through the sand dunes in Dubai laced with the wild thrill of the unknown. 

Manoj Shah (A roaring Lion par excellence)

A philanthropically endowed racer who has used over USD 10 million of his money in enriching and transforming the lives of others, Dr Manoj Shah is both an enigma and adorably approachable. A man of different hats, Dr Shah is, among other things. He is the Group Managing Director of the Kingsway Group of Chairman of Kingsway group of companies (Which includes Kingsway Tyres Ltd). Shah is also Governing council member of the Automobile Association of Kenya, Former president of the Kenya Motor Sports Club and An Ambassador of Goodwill awarded by the Lions  Club International.

From the tender age of 16, Manoj has always been crazy for cars and took a keen interest in major sports, locally and internationally. Manoj had been about speed – blistering, binding and badass speed. His mantra – 'Damn the torpedos, full speed ahead.'

He started with a borrowed Peugeot 504, to self-owned Datsun 120J, Datsun 710, Nissan PA 10, and eventually retiring with a Nissan 240RS in 1985 after his father's-Ramnilalji- death. In his early days, he took various defensive and motorsports driving lessons to develop his competitive and navigation skills. He later joined the Kenya Motor Sport Council. During his Safari Rally travails, young Manoj had to face several accidents, two rollovers and a head-on collision with an Antelope, almost drowning whilst crossing a seasonal river and facing a breakdown in a jungle among elephants. 

After retiring from Rally Driving, Dr Manoj continued his support for the sport by ensuring Kingsway Tyres Ltd sponsored the motorsport by sponsoring teams, supplying Michelin and BF Goodrich tyres, and offering tyre preventive and maintenance services.

In his recently published Autobiography (One in Million) he shares with me the following Motorsports gems in an interview:

"In racing, it is believed that you go where eyes go. The driver who cannot tear his eyes away from the wall as he spins out of control will hit the wall. The driver who looks down on the track as he feels the tyres break free will regain control of the vehicle". 

"I have come to believe that if we hope to build a better world, we must be guided by the universal human values that emphasize the kinship of human race – the sanctity of human life and freedom, peace between nations, honesty and truthfulness, regard for rights of others and love for one fellows". 

In Ernest Hemmingways words "Auto-racing, bulling fighting and mountain climbing are the only real sports…..all others are games". 

Dr Manoj believes that the future of Motor sports in Africa will be improve with better roads, safer drivers , better highway signage, and training. Today he remarks worse than the wild animals , boda boda (Motor cycle ) operators pose a bigger threat to motorists. (TT)

Eurogrip Tyres, the leading tyre manufacturer in India, showcased its premium two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition held at Plaza Mayor, Medellin, Colombia. The dates of this high-profile business event in South America's two-wheeler sector are 15–18 May 2025.

For more than 17 years, the Feria de las 2 Ruedas (F2R) has been the leading motorcycle industry event in Latin America. The expo, which takes place every year in Medellín, Colombia, is a vibrant venue for commerce, innovation and growth in the motorcycling sector. Additionally, it gives aficionados the chance to investigate the most recent developments and trends in the industry. The company showcased its premium lineup at exhibit N24 in the Tented Pavillion, which included a range of sport touring, off-road and trail tyres. High-performance versions including the Roadhound, Protorq Extreme, Trailhound STR, Climber, Bee Connect, Terrabite DB+ and Badhshah LX were on display.

P Madhavan, Executive Vice-President – Marketing & Sales, TVS Srichakra Ltd, said, “Eurogrip is focused to deliver innovative products for the global markets. Latin America is a priority market for us, and F2R Expo is a promising platform to engage with our target audience. We are looking forward to interesting business opportunities arising from this expo. Such specialised industry tradeshows add exceptional value to our quest in becoming a leading global tyre brand delivering world class tyre technology.”

Denka Company Limited announced it would record an extraordinary loss of approximately 16.1 billion yen (£85.8 million) as an impairment on manufacturing facilities at its US subsidiary. It will indefinitely suspend chloroprene rubber production at the Louisiana plant.

The Japanese chemical manufacturer, which holds a 70 percent stake in Denka Performance Elastomer LLC (DPE), cited mounting operational challenges, including unexpectedly high costs for pollution control equipment and declining production volumes at the American facility.

“DPE has faced significant cost, production and other challenges at its facility in the United States,” the company said in a statement. “Rising costs are attributable to, among other factors, identification, design, purchase, installation, and operation of pollution control equipment to reduce chloroprene emissions that DPE did not anticipate being required when it acquired the facility from E.I. DuPont de Nemours and Company.”

The subsidiary was established in December 2014 and acquired the chloroprene rubber business from DuPont in November 2015. The Louisiana facility was intended to serve as a second manufacturing site in North America, complementing Denka’s Omi Plant in Itoigawa, Niigata, Japan.

However, according to the company statement, DPE has struggled with multiple operational issues, including “rising energy costs and a shortage of qualified staff necessary to operate new pollution control equipment and implement other emission reduction measures. “

Production volumes have declined partly due to “operational restrictions arising from the pollution reduction measures and unscheduled plant outages associated with supply chain disruptions and severe weather events,” Denka said.

The company noted that these challenges, combined with changes in the global economic environment for chloroprene rubber, have pressured profitability, making near-term improvement difficult.

Denka confirmed that DPE employs 250 people as of December 2024 and will not restart its chloroprene rubber manufacturing facilities following a regular maintenance shutdown. Instead, “all options for the business, including a potential sale of the business or its assets, will be considered,” the statement said.

The company emphasised that “no decision regarding a permanent closure of the facility has been made at this time.”

Customers will continue to be supplied from current inventories and production at the company’s Omi Plant in Japan.

DPE is 70 percent owned by Denka USA LLC, a wholly owned subsidiary of Denka Company Limited, and 30 percent by Diana Elastomers, Inc., a subsidiary of Mitsui & Co., Ltd.

Yokohama Rubber reported a 56.9 percent year-on-year decline in profit attributable to owners for the first quarter of 2025, despite posting a 9.0 percent increase in sales revenue.

The Japanese tyre maker recorded a profit of 8.53 billion yen for the three months ended 31 March, down from 19.8 billion yen in the same period last year. Business profit fell 3.2 percent to 24.07 billion yen, while sales revenue rose to 275.12 billion yen.

The company maintained its full-year forecast, projecting an 11.4 percent increase in sales revenue to 1.22 trillion yen and an 8.8 percent rise in profit to 81.5 billion yen for the fiscal year ending 31 December 2025.

Yokohama Rubber attributed the profit decline to one-time costs related to its February acquisition of Goodyear’s off-the-road (OTR) tyre business, which it purchased for approximately 143 billion yen.

“Profit from existing businesses was strong,” the company said in its earnings statement. “In addition to increased sales volume for the company’s consumer tyres, mainly in overseas markets, and continued expansion of sales of high-value-added ADVAN, GEOLANDAR, and Winter tyres as well as high-inch tyres, profit was boosted by the MB segment’s MIX improvements and structural reforms.”

The tyre segment, which accounts for 91percent of the group’s consolidated sales revenue, saw a 10.4 percent increase in sales to 250.32 billion yen. Original equipment tyre sales were higher year-on-year, driven by “strong sales in Japan of vehicle models equipped with YOKOHAMA tyres and expansion of shipments for Chinese automakers’ new energy vehicles,” the company said.

Replacement tyre sales also increased, supported by higher sales of summer and winter tyres in Japan, increased sales of high-inch tyres in Europe, and stepped-up sales efforts in Asia.

The MB (Multiple Businesses) segment, which represents 8.4 percent of total sales, experienced a 3.2 percent revenue decline to 23.02 billion yen. This was attributed to lower demand from construction machinery makers in Japan and automakers in North America.

The company described an “upbeat” business sentiment in Japan for the quarter, noting that “a steady recovery in inbound demand and increasing orders for construction and logistics projects compensated for weak consumption by domestic households curbing spending in response to rising prices of consumer goods.”

Overseas, the company observed rising inflation concerns weighing on consumer spending in the United States, while in Europe, “manufacturing industries are rebounding and corporate business sentiment is improving.” In China, personal consumption was boosted by the Spring Festival holiday, but high US tariffs “reduced China’s exports and created uncertainty about the future that is weakening industrial activity.”

Swedish speciality chemicals firm Nynas reported solid financial results for 2024, posting an Adjusted EBITDA of 1,333 million Swedish kronor, marginally higher than the 1,316 million kronor recorded in 2023.

The company, which specialises in naphthenic speciality oils and bitumen products, attributed its performance to operational efficiency and commercial success in its niche markets.

“We are delighted with the progress made during 2024, evidencing our right-sized cost base and a more targeted commercial and manufacturing footprint. We have redefined our strategic direction, positioning Nynas as a speciality chemicals company, enabling the energy transition and setting our course for 2035,” Nynas CEO Eric Gosse said in a statement.

The firm highlighted strong cash generation from operations, which it said would support planned investments and longer-term growth initiatives. Nynas also mentioned the ongoing transformation of its Harburg site with plans to monetise the asset eventually.

All three of the company’s production facilities maintained high operational reliability between 95 percent and 99 percent. The Nynäshamn refinery achieved a notable milestone: in May 2024, it set a new monthly production record for naphthenic speciality oils at 42,000 tonnes.

Strategic pivot towards sustainability

Nynas outlined a strategic shift focused on higher-margin speciality materials with sustainable characteristics. The company aims to strengthen its position in European markets through innovation and sustainability initiatives.

“Nynas is uniquely positioned to contribute to the energy transition. Our strategy reflects our purpose to advance a more sustainable society, and our product development pipeline is fully aligned with this goal," Gosse added.

In 2024, the company received an EcoVadis Gold rating, placing it in the top 5 percent of globally rated businesses for sustainability performance.

With consecutive years of strong financial performance, Nynas indicated it continues to monitor debt capital markets to optimise its capital structure “at the appropriate time potentially”.

The Swedish chemicals producer noted that, having ceased operations in the United States in 2022, it remains largely insulated from recent global trade tensions surrounding US import tariffs. The company imports only minimal feedstock from America, shielding it from potential cross-border trade disputes.