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Originally published by The Standard Business
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October 3, 2025
5h ago

CAK denies approving Portland Cement-Kalahari deal

CAK denies approving Portland Cement-Kalahari deal

MPs also expressed concern over the lack of thorough due diligence before CAK offered guidance on the transaction...

✨ Key Highlights

The Competition Authority of Kenya (CAK) denied approving an acquisition of shares in East Africa Portland Cement Company (EAPC) by Kalahari Cement Ltd, stating it does not have the legal mandate to do so.

  • The CAK's denial was made by Protection Director Amenya Omari before the Trade Committee.
  • The meeting took place at County Hall, Nairobi on October 2, 2025.
  • The CAK clarified it lacks the legal mandate to approve such a transaction.

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