Also known as: Kenya's competition regulator · Kenya's competition authority
Regulator that approved Asahi's Sh388 billion acquisition of Diageo's EABL stake, subject to conditions on liabilities and retail shelf space allocation.
… The Deputy President was accompanied by several regional leaders, including Kangema MP Peter Kihungi, Maragua MP Mary Wamaua, Nominated MP Sabina Chege, Competition Authority of Kenya (CAK) Chairman Charles Karondo, and political leader Patrick Muigai.Defending their alignment wi …
… The Competition Authority of Kenya (CAK) said the merged entity must reserve sufficient funds from the transaction consideration to meet any outstanding liabilities, ensuring the deal does not disrupt supplies or hurt small and medium-sized enterprises.The regulator also ordered …
… REUTERS/Monicah Mwangi/File Audio By Vocalize Kenya's competition regulator has approved Diageo's sale of its 65% stake in East African Breweries Plc to Japan's Asahi Holdings, the brewer said on Thursday. …
… king every performance both educational and enjoyable," she said.The school participated in numerous sponsored classes, including those by Equity Bank, the Central Bank of Kenya, KICD, Kenya Wildlife Service (KWS), Teachers Service Commission (TSC), Competition Authority of Kenya …
… There is a regulatory body known as the Competition Authority of Kenya. It is supposed to ensure companies operating in whatever sector have a level operating field and that competition among them remains fair. …
… I base my assessment on my experience working at the Competition Authority of Kenya, which receives and handles about 1,000 consumer-related complaints every year from across various sectors of the economy. …
… Justice Josephine Mongare issued conservatory orders on June 18, restraining the Competition Authority of Kenya (CAK), Diageo Kenya Limited and other parties from taking any steps towards completing the acquisition pending the hearing of a petition filed by Christine Irungu. …
… With this hurdle cleared, the transaction now awaits only the Competition Authority of Kenya's final approval, after regulators in Uganda, Tanzania, and Kenya's own Capital Markets Authority had already signed off. …
… The company noted that the deal still requires antitrust and competition approvals from the Competition Authority of Kenya, Tanzania’s Fair Competition Commission and Uganda’s Ministry of Trade, Industry and Cooperatives before it can be finalized.
… Also named in the suit are the Cabinet Secretary for the National Treasury and Economic Planning, the Attorney General, the Capital Markets Authority and the Competition Authority of Kenya. …
Deputy President Kithure Kindiki has ordered the immediate replacement of the contractor assigned to the Sh114 million Kaguku Modern Market in Murang'a County, citing severe delays in meeting completion deadlines. Kindiki directed the Lands Cabinet Secretary to terminate the current contract and bring in a new firm by Monday to complete the facility and provide traders with a working space.
Deputy President Kithure Kindiki has ordered the immediate replacement of the contractor assigned to the Sh114 million Kaguku Modern Market in Murang'a County, citing severe delays in meeting completion deadlines. Kindiki directed the Lands Cabinet Secretary to terminate the current contract and bring in a new firm by Monday to complete the facility and provide traders with a working space.
Kenya's Competition Authority has approved Japanese brewer Asahi Group Holdings' acquisition of Diageo's controlling stake in East African Breweries, subject to conditions including that the merged entity reserve sufficient funds for liabilities and that at least 20 per cent of retail refrigeration space be reserved for non-EABL or non-Asahi branded products.
Kenya's Competition Authority has approved Diageo's sale of its 65% stake in East African Breweries to Japan's Asahi Holdings for $2.3 billion (approximately Ksh.297.9 billion). The regulator imposed conditions including requirements that EABL reserve funds for outstanding liabilities and allocate 20% of cooler space in retail outlets to competitors' drinks.
At the 98th Kenya Music Festival, learners are using poetry, music, dance and elocution to tackle social, economic and environmental challenges. A school from Taita-Taveta County demonstrated high performances with messages on financial literacy, environmental conservation, human-wildlife conflict, integrity, education, peace and youth empowerment.
An opinion piece argues that Kenyan government agencies place unnecessary bureaucratic obstacles in the way of businesses, and that the country should instead encourage foreign direct investment like Asahi's acquisition of EABL to facilitate job creation, technology transfer, and economic development.
An opinion piece argues that when service provision excludes persons with disabilities (PWDs), it fails to meet the standard of putting customers first. The writer references South Korea's consumer protection agency model as an example of rigorous product testing and transparency.
East African Breweries has asked Chief Justice Martha Koome to intervene in conflicting High Court orders surrounding the proposed Sh300 billion sale of Diageo's controlling stake to Japan's Asahi Group Holdings. The appeal follows a Machakos High Court temporary halt of the transaction while other Nairobi judges had declined to stop the deal.
The High Court dismissed JILK Construction Company's application for conservatory orders to halt Diageo's Sh340 billion sale of its controlling stake in East African Breweries to Japan's Asahi Group Holdings, ruling that the firm's grievances had no link to the transaction.
Kenya's Capital Markets Authority and regulators in Tanzania and Uganda have approved an exemption allowing Japan's Asahi Group Holdings to proceed with its planned acquisition linked to East African Breweries PLC without making a mandatory takeover offer to shareholders.
A group of Kenyan petitioners has filed a High Court petition seeking to stop a planned shareholding transaction involving East African Breweries Limited, Asahi Group Holdings, and Diageo plc, citing alleged human rights and corporate governance violations.