Telkom Kenya, once a trailblazer in the country’s telecommunications industry, is now facing a steep decline in market relevance as it struggles to keep pace with dominant rivals Safaricom and …
CAK
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BusinessEconomyKenyaTechnologyTelecommunications
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BusinessEastern AfricaKenyaTrade and CommerceTransportation & Logisitics
Kenya Probes Multinational Shipping Firms Over Alleged Market
The Competition Authority of Kenya (CAK) has launched a major investigation into several multinational companies operating in the country’s shipping and logistics sector, following complaints by local industry groups. The …
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Banking, Finance & InvestmentBusinessEconomyKenya News
CAK Orders Family Bank To Pay Former Employee Sh1.4mn For Consumer Rights Violations
The Competition Authority of Kenya (CAK) has ordered Family Bank to pay its former employee Sh1.4 million for consumer rights violations. CAK accuses the lender for failing to offer the …
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AviationBusinessEconomyKenya News
CAK Directs Fly540 To cease Advertising Flights on all it’s platforms
The Competition Authority of Kenya(CAK) has directed Fly540 to cease advertising flights on all its platforms following complaints from consumers. The competition watchdog noted that it had received over 50 …
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AirtelBusinessKenya NewsTechnologyTelecommunications
40 Million SIM Cards Registered To stop Illegal Mobile Phones Lines In Kenya
Over 40million sim cards have been registered in the country as at last Saturday, October 15 when the campaign to register all mobile phone SIM cards ended, bringing to a …
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Banking, Finance & InvestmentBusinessEastern AfricaEconomy
CAK Approves Zuku Owner and Foreign Firms Loans to pay TV providers
The Competition Authority of Kenya(CAK) has approved the conversion of loans advanced by three foreign firms to internet and pay TV provider, Wananchi Group into equity shares. The companies, Triple …
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BuildingKenyaReal Estate
Competition Authority of Kenya Approves Maanzoni Lodge’s acquisition of 680 hotel
The Competition Authority of Kenya (CAK) has approved the acquisition of Mayhouse Limited, the company that owns 680 hotel, by Maanzoni Lodge Limited. The acquisition comes at a time the …
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Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen for an undisclosed value, deepening the auto firm’s interest in the growing clean energy market and …
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BusinessEconomyEducationManufacturing & Consumer GoodsOil & GasUncategorized
Insurance Firms Named Top Abusers Of Buyers Power
The Competition Authority has named the insurance industry as the top abuser of buyer power accounting for 72 percent of all cases investigated by the authority. This is an increase …