KCB seeks approval to buy two banks in TZ, Rwanda

kcb (2)

A KCB branch in Nairobi. FILE PHOTO | NMG

KCB Group #ticker:KCB has made a formal application to the regional competition watchdog to be cleared for the Sh4.4 billion ($40 million) deal in which it is seeking to acquire two banks in Tanzania and Rwanda.

Comesa Competition Commission said in a notice dated last week Monday that it had started collecting views from interested parties including competitors, suppliers and customers over the two deals.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.