Students, teachers transferable in a merger

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 The rule is that if the merging parties’ combined turnover/assets is over Sh1bn, you need CAK’s approval before implementing the transaction. PHOTO | SHUTTERSTOCK

Recently, a Kenyan X user (@MihrThakar), asked whether he would be required to seek the Competition Authority of Kenya (CAK)'s approval when merging kiosks.

This query was borne of a ruling by the Competition Tribunal's ruling that, among others, established that students and teachers are assets capable of being acquired during a merger and that payment of the purchase price is not a prerequisite for proving the acquisition has occurred if other parameters have been fulfilled.

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