High Court allows regulatory process for Diageo–Asahi deal to proceed
NAIROBI, Kenya, Jan 12 - The High Court has allowed regulatory approval processes for the Diageo–Asahi transaction to continue, even as it issued a Kenya breaking news | Kenya news today |..
✨ Key Highlights
The High Court in Kenya has permitted the regulatory approval processes for the Diageo–Asahi transaction to proceed, despite issuing a temporary order restraining only the final stages of the deal.
- The court issued an 11-day temporary preservation order, valid until January 20, 2026, preventing the final steps of the transaction.
- The case stems from an application filed by Bia Tosha Distributors Limited.
- East African Breweries (EABL) stated that the court orders allow regulatory phases to continue, clarifying that the dispute is separate from its parent company's shareholding structure.
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Govt Moves to Sell Safaricom Stake; Startups Funded; Uchumi House Listed for Sale - January 2026
The National Treasury is moving to sell a 15 percent equity stake in Safaricom PLC to the Vodacom Group for approximately Sh244.5 billion ($1.6 billion), a move that raises data sovereignty concerns. In a separate government initiative, Sh173.2 million has been disbursed to 6,982 startups in Central Kenya as part of the Nyota Project to address youth unemployment. In Nairobi’s Central Business District, the five-storey Uchumi House has been listed for sale with an asking price of Sh562.5 million, offering immediate rental income from its established tenants. Additionally, the High Court in Kenya has permitted the regulatory approval processes for the Diageo–Asahi transaction to proceed, though it issued a temporary order restraining the final stages of the deal.
