CAK DG Kemei to chair regional Competition watchdog’s Board - Capital Business
Connect with us

Hi, what are you looking for?

Top Story

CAK DG Kemei to chair regional Competition watchdog’s Board

NAIROBI, Kenya, June 4 – The Competition Authority of Kenya (CAK) Director-General David will sit on the Board of the East African Community Competition Authority (EACCA) after being appointed as an interim chairman.

Kemei, who was confirmed yesterday, has also been picked as EACCA Commissioner for four years.

CAK in a statement said that Kemei’s appointment is crucial in advancing regional trade, economic integration, and fair market practices across the EAC bloc.

“Effective competition law enforcement is a central pillar in unlocking economic growth, attracting investments, and safeguarding the interests of consumers at the national and regional level,” Kemei said after being sworn in in Arusha, Tanzania.

“Regional integration has its fair share of challenges. That is why these matters must be addressed through collaborative, solution-oriented dialogue involving key administrative stakeholders from partner states,” he added.

EACCA is a regional institution established in line with Article 9(2) of the Treaty for the Establishment of the EAC and Section 37 of the EAC Competition Act, 2006. It promotes and protects fair competition and enhances consumer welfare within the EAC, with powers to investigate cross-border anti-competitive practices, assess mergers of regional significance, and consumer violations.

Likewise, the authority coordinates collaboration with national agencies for harmonized policymaking, including through entering into Memoranda of Understanding (MoU) with competition agencies in Kenya, Tanzania, and Rwanda.

As Kenya’s representative at the EACCA, Kemei will seek to harmonize merger regimes to streamline investment processes and conduct joint investigations into anti-competitive behavior and consumer rights violations.

Likewise, his role will be to enhance regional collaboration in market studies and capacity building.

 

Advertisement

More on Capital Business

Africa

NAIROBI, Kenya, Mar 13 – The Competition Authority of Kenya (CAK) has approved the merger between Mobius Motors and Silver Box after a thorough...

Africa

NAIROBI, Kenya Mar 5 – The Competition Authority of Kenya (CAK) has warned phone retailers marketing ‘refurbished’ mobile handsets as new ones, emphasising that...

Top Story

NAIROBI, Kenya, Jan 22 – Kenya and Africa are projected to remain at the forefront of resilience and innovation in 2025, driven by strategic...

Kenya

NAIROBI, Kenya Jan 9 – The Competition Authority of Kenya (CAK) has approved the acquisition of KK Security Limited by a Canadian entrepreneur and philanthropist...

Kenya

NAIROBI, Kenya, Dec 19 – The Competition Authority of Kenya (CAK) has granted unconditional approval for Kenafric Manufacturing Limited to acquire Economic Industries Limited...

Government

NAIROBI, Kenya, Dec 3 — The National Treasury has begun searching for a new Director General (DG) for Public-Private Partnerships (PPP), following the ouster...

World

SACRAMENTO, United States, Nov. 13 (Xinhua) — California cities have dominated the list of the most expensive U.S. cities for single-family rentals, claiming 18...

World

WASHINGTON, Nov. 12 (Xinhua) — U.S. President-elect Donald Trump announced Tuesday that he has chosen entrepreneurs Elon Musk and Vivek Ramaswamy to lead a...