Safaricom Ethiopia Decries Unfair Competition'
Top executives of Safaricom Ethiopia told Ethiopian law makers over a week ago that they were unhappy about monopolistic' practices of their competitor, Ethio Telecom; requesting the government to equalize [...]
COMESA's Proposes Quick Fixes to Address High Vegetable Oil Prices
The Common Market for Eastern and Southern Africa (COMESA) is mulling a couple of measures to contain the runaway prices of refined vegetable oil in the region. “These increases happened [...]Over 270 National Bank Staff to Lose Jobs in Merger with Access Bank
Access Bank Plc will retain at least 80 per cent of National Bank of Kenya (NBK) employees for at least one year as a condition by the Competition Authority for [...]Competition Authority Appoints Ex Kenya Re Chair David K Kemei New Director-General
The Competition Authority of Kenya (CAK) board has appointed David Kibet Kemei as the Director General effective 7th October 2024. He has over 30 years experience with expertise around corporate [...]It's Time for Kenya's Competition Regime to Embrace ESG-CAK Policy Manager
In recent years, there has been a growing emphasis on considering environmental, social, and governance (ESG) factors during business decision-making. This is in line with the ideals that are espoused [...]CAK Raises Concerns in Access Bank's Acquisition of KCB Group's NBK, as COMESA Approves Deal
The Competition Authority of Kenya (CAK) has raised concerns about employment in the ongoing regulatory review of the acquisition of KCB Group's National Bank of Kenya (NBK) by Nigerian lender [...]Competition Authority Okays Lipton Teas' Takeover By Browns Investments
The competition regulator in Kenya has permitted UAE's B Commodities's acquisition of 98.56% in Lipton Teas and Infusion, setting the stage for one of the most watched MA deals in [...]CAK Fines Merged Entity KSh 17Mn for Contravening Law
The Competition Authority of Kenya (CAK) has fined the entity formed by the acquisition of LSF11 Skyscraper Holdco S.a.r.l (MBCC Group) by Swiss multinational Sika International KSh 17,492,795.23 for contravening [...]KCB Settles With Competition Authority Over Misleading Credit Card Ad
The Competition Authority of Kenya (CAK) has gazetted a settlement it made with KCB last year following a complaint that the lender had mislead a client on credit card charges [...]Competition Authority Seeks More Powers to Deal with Abuse of Buyer Power
The Competition Authority of Kenya (CAK) is seeking a nod from the parliament to amend some of its laws in response to emerging issues in the market, including expanding its [...]
