It will cost more but take less time for firms to merge after Kenya enacted the Competition (General) Rules, 2019, ushering in a new approval regime in mergers and acquisitions.
The domestication of the new Common Market for Eastern and Southern Africa (Comesa) rules will eliminate double notifications. Companies based in Kenya with at least two-thirds of their combined turnover or assets generated or located in the country will only need approval from the Competition Authority of Kenya (CAK) to merge.
