Kenya, Oct 27 – Businessman Jayesh Umesh Saini, whose business interests include Bliss <a href="https://absafricatv.com/kenyan-healthcare-tycoon-jayesh-saini-cleared-to-take-control-of-abc-bank/” title=”Kenyan healthcare tycoon Jayesh Saini cleared to take control of ABC Bank”>Healthcare, has received approval from the Competition Authority of Kenya (CAK) to take sole control of Africa Business Corporation and Development Limited
The approval, published in Gazette Notice No. 16875 dated September 21, 2026, does not disclose the value of the transaction or provide details of the business activities of the company being acquired.
“PURSUANT to the provisions of section 46 (6) of the Competition Act of the Laws of Kenya (the Competition Act), it is notified for general information, that in exercise of the powers conferred upon the Competition Authority of Kenya by section 46 (6) (a) (ii) of the Competition Act, the Competition Authority of Kenya has authorized the proposed transaction as set out herein,” CAK announced.
Saini has interests in healthcare through Bliss Healthcare and Lifecare Hospitals, as well as pharmaceutical firm Dinlas Pharma. The acquisition would add to his business interests outside the healthcare sector.
