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HomeDaily NewsSaturday, September 12, 2026Competition Watchdog Approves Asahi Acquisition of 65pc EABL Stake - September 2026
Business & Economy3 stories from 2 sources

Competition Watchdog Approves Asahi Acquisition of 65pc EABL Stake - September 2026

The Competition Authority of Kenya (CAK) approved Asahi Group Holdings Limited's acquisition of a 65 percent stake in East African Breweries Limited (EABL). This regulatory approval comes amid broader scrutiny of financial matters and public spending oversight in Kenya. Separately, Public Accounts Committee chairperson John Mbadi faces questions over Sh281 billion spent by the National Treasury without parliamentary approval under Article 223. Additionally, Kenyan charities are facing enhanced scrutiny and stricter regulations following a new government crackdown aimed at combating terror financing. The new initiative mandates increased transparency and accountability for non-governmental organizations operating in the country.

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Friday 9:35 PMCapital BusinessFirst

Competition watchdog approves Asahi acquisition of 65pc EABL stake

Competition watchdog approves Asahi acquisition of 65pc EABL stake

The Competition Authority of Kenya (CAK) has greenlit Asahi Group Holdings Limited's acquisition of a 65 percent stake in East African Breweries Limited (EABL).

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Key Highlights

The Competition Authority of Kenya (CAK) has greenlit Asahi Group Holdings Limited's acquisition of a 65 percent stake in East African Breweries Limited (EABL).

  • The approval allows Asahi to gain sole control of Diageo Kenya Limited and UDV (Kenya) Limited.
  • The CAK imposed conditions on the acquisition of Diageo Kenya to protect competition, including reserving 20 percent of refrigeration space for non-EABL/Asahi brands in retail outlets.
  • This decision, made on September 11th, 2026, considered the impact on competition, small businesses, employment, and investment in Kenya.
Saturday 11:18 AMNation Business

Charities face tighter scrutiny in new terror financing crackdown

Charities face tighter scrutiny in new terror financing crackdown

Kenyan charities are facing enhanced scrutiny and stricter regulations following a new government crackdown aimed at combating terror financing. This initiative mandates increased transparency and accountability for non-governmental organizations (NGOs).

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Key Highlights

Kenyan charities are facing enhanced scrutiny and stricter regulations following a new government crackdown aimed at combating terror financing. This initiative mandates increased transparency and accountability for non-governmental organizations (NGOs).

  • Non-governmental organizations (NGOs) are now subject to more rigorous oversight.
  • The Kenyan government is leading the crackdown, implementing new measures to monitor financial activities.
  • This move is intended to prevent funds from being diverted to illegal activities and to bolster national security.
Saturday 1:51 PMNation Business

Mbadi caught in Article 223 trap he once criticised

Mbadi caught in Article 223 trap he once criticised

The National Assembly's Public Accounts Committee (PAC) chairperson, Mr. John Mbadi, finds himself in a difficult position regarding Sh281 billion spent by the National Treasury without parliamentary approval.

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Key Highlights

The National Assembly's Public Accounts Committee (PAC) chairperson, Mr. John Mbadi, finds himself in a difficult position regarding Sh281 billion spent by the National Treasury without parliamentary approval.

  • Sh281 billion was spent without parliamentary approval.
  • The National Treasury is the key organization involved.
  • This situation traps Mr. Mbadi, who previously criticized similar actions under Article 223 of the Constitution.
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