- 305 views
The Competition Authority of Kenya, CAK, has approved the acquisition of certain assets of Match Masters Limited by Pwani Oil Products Limited unconditionally. In a statement, CAK noted that the transaction will include assets such as plant and machinery, relating to the repackaging and distribution of the washing powder business, by Pwani Oil. The watchdog further confirms there will be no loss of employment following the transaction. In another transaction, CAK approved the proposed acquisition of certain assets of Rhea Holdings Limited by Shalimar Flowers Kenya Limited unconditionally. Both transactions met the threshold for a full merger analysis, as the combined assets for the preceding year was over one billion shillings.
Pwani Oil to acquire certain assets of Matchmasters Ltd
- 23 Apr 2024 - Azimio has called for both a judicial and Parliamentary inquest into the death of CDF General Francis Ogolla, who was killed in a helicopter crash last week.
- 23 Apr 2024 - KMPDU has maintained its stance on medical interns’ pay, saying the government's pledge to fulfil their other demands will not supersede the former.
- 23 Apr 2024 - The Communications Authority of Kenya (CA) has issued a stern warning to matatus reportedly engaged in the delivery of packages without being licensed to do so by the government.
- 23 Apr 2024 - It was remarked that governors will eventually have to take responsibility for presiding over what senators described as criminal enterprises.
- 23 Apr 2024 - Health Cabinet Secretary Susan Nakhumicha says the ministry will move to court if the Kenya Medical Practitioners and Dentists Union (KMPDU) does not call off the doctors’ strike which entered its 41st day on Tuesday.
- 23 Apr 2024 - The directive was issued after Mackenzie’s lawyer Wycliffe Makasembo failed to appear in court.
- 23 Apr 2024 - The meeting follows uproar from Kenyans who questioned the rationale Sakaja had applied.
- 23 Apr 2024 - The Ministry of Tourism has announced that it is targeting to increase the number of international tourists from 1.9 million to 3 million by the end of 2024.
- 23 Apr 2024 - They pleaded for mercy saying they had learnt their lesson.
- 23 Apr 2024 - Five individuals have been summoned to appear in court over alleged embezzlement of Ksh.542 million from the Murang'a County Government.