Competition Authority of Kenya (CAK)
![Some customers saw deliveries delayed by as long as four months. Those who cancelled orders struggled to obtain refunds. [Photo/ Royal Mabati Factory Ltd]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/05/euro_tile.jpg?fit=680%2C383&ssl=1)
How Royal Mabati Scammed Customers Countrywide
The Competition Tribunal found the firm guilty of publishing misleading advertisements, forcing buyers to change product specifications after receiving payments, and lengthy delays...
MARTIN SIELE1 Mins read
![12 banks were ordered by the Competition Authority of Kenya (CAK) to review unfair mortgage contract terms and conditions. [Photo/ Mary MM]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/11/1.jpg?fit=680%2C383&ssl=1)
Revealed: 12 Banks Slapping Kenyans With Hidden Charges
It is hoped that the push to ensure compliance will result in more affordable home loans for consumers, devoid of hidden costs.
MARTIN SIELE1 Mins read
![President Uhuru Kenyatta pictured with Devki Group Founder and CEO Narendra Raval. The state has reportedly been considering raising import duties on clinker. [Photo/ NMG]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/10/Uhuru-Kenyatta-1.jpg?fit=680%2C382&ssl=1)
Cement Billionaires Gang Up Against Narendra Raval Over Plan to Take Over
Devki Group owns Simba Cement, National Cement, ARM Cement and Cemtech. It has spent over Ksh6 Billion in an expansion plan over the...
MARTIN SIELE2 Mins read
Gas Firms Get 5-Year Greenlight to Exchange Cylinders
“It is notified for general information that the Authority has granted an exemption with respect to exclusive dealing among the members of the...
MARTIN SIELE1 Mins read
![Tuskys Supermarket Westlands Square branch opened in 2018. The cash-strapped retailer has seen its network of stores shrink from over 60 to just 7. [Photo/ Tuskys]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/06/tusk.jpg?fit=680%2C453&ssl=1)
Why You Could Soon Open Your Own Tuskys Supermarket
The Competition Authority noted that the franchise arrangement could qualify for exemption from regulations banning restrictive trade practices by companies in the same...
MARTIN SIELE2 Mins read
Investigations Expose Bread Manufacturers’ Dangerous Practices in Kenya
Five remedial orders were issued against the rogue bread manufacturers. CAK promised to undertake spot-checks to ensure manufacturers complied with regulatory standards.
BUSINESS TODAY1 Mins read
G4S-KK Security Merger: Bid to Create Kenya’s Biggest Security Company Faces Hurdles
CAK warned that the merger could occasion job losses in Kenya.
MARTIN SIELE2 Mins read
You Can Now Get Paid Ksh1M to Out Cartels as CAK Operationalizes Informant Reward Scheme
An informant who provides credible intelligence leading to closure of an investigation through penalization will be entitled to 1% of the administrative penalty.
MARTIN SIELE1 Mins read
Insurance Sector Tops List of Buyer Power Abuse Cases
Most common abuse of buyer power conduct investigated in the reporting period was delayed payments followed by unilateral termination of contracts & unjust...
Samuel Gitonga2 Mins read
