AGADVOKS GLOBALKENYA · ENGLISH
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Kenyan legislation

The Competition Act—Exclusions

Edition: 2024-07-19 · In force

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IN EXERCISE of the powers conferred by section 42(1) of the Competition Act, the Competition Authority of Kenya excludes the proposed subscription of shares amounting to 40% of the total issued share capital of Angata Sugar Mills Limited by Savannah Crest (KE) Limited from the provisions of Part IV of the Act due to the following reasons—
(a)the merger will not affect competition negatively;
(b)the combined value of assets of the merging parties for the preceding year 2023, which was higher than the turnover, was KES 548,697,367.94 which is less than one billion shillings; and
(c)the transaction meets the threshold for exclusion provided under the Competion (General) Rules, 2019.
Source: Kenya Law · Imported 4 October 2026