By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.kesauce.co.ke
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Reading: CAK approves acquisition of Pollman’s Tours by Africa Travel Investments
Share
Notification Show More
Font ResizerAa
sauce.co.kesauce.co.ke
Font ResizerAa
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Search
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » News » CAK approves acquisition of Pollman’s Tours by Africa Travel Investments
Business

CAK approves acquisition of Pollman’s Tours by Africa Travel Investments

Last updated: May 8, 2025 10:31 am
Sauce News Team 1 year ago
Share
1 Min Read
Kenya offers an array of budget-friendly activities that you can explore over the festive season
SHARE

The Competition Authority of Kenya (CAK) has granted approval for Africa Travel Investments Limited to acquire 100 percent of Pollman’s Tours and Safaris Limited.

Under the proposed deal, Africa Travel Investments will take full ownership of Pollman’s entire issued share capital.

Pollman’s, established in the 1950s by Karl Pollman, is one of Kenya’s most established safari operators, offering wildlife tours and selling travel packages to clients worldwide. The acquiring company, Africa Travel Investments, is based in Europe and is also active in the safari and travel sector.

In its statement, CAK confirmed the green light was issued after determining that the transaction would not adversely affect competition within Kenya’s tour operations market or raise any public interest concerns.

“This approval has been granted based on the finding that the transaction is unlikely to negatively impact competition in the market for tour operators in Kenya, nor elicit negative public interest concerns,” the Authority noted.

Kenya remains a leading safari destination, home to renowned national parks and reserves including Amboseli, Maasai Mara, and Tsavo. In 2024, the country welcomed 2.5 million visitors, with the government targeting 7 million annual arrivals by 2027, according to President William Ruto.

You Might Also Like

Quickmart IPO 2026: How to Buy Shares and Invest in Kenya’s Retail Giant

Rubis Energy Dominates Kenya Jet Fuel Market Share as EPRA Report Exposes Rivals

Kenya Power Customer Care X Account Hacked as Crypto Traders Promote Trading Content

Jambojet Resumes Daily Nairobi–Entebbe Flights

Patiala Distillers Denies Counterfeit Alcohol Claims and Alleged Link to Kindiki

Share This Article
Facebook Twitter Whatsapp Whatsapp Email
Previous Article Senator Sifuna: ODM aims to unseat Ruto in 2027
Next Article Murder weapon linked to Ong’ondo Were’s killing, police confirm

Latest stories

  • Ruto Proposes Buffalo Milk to Tackle Kenya’s Growing Dairy Shortage
  • Malindi Caretaker Dies After Alleged Attack at Private Residence
  • Uhuru Kenyatta Resigns as Azimio Chairperson After Jubilee Leadership Handover
  • Police Officer Arrested and Charged Over Alleged Nairobi Car Theft Syndicate
  • Sifuna Claims Senate Request on Lamu Refinery Blocked From Reaching Floor
  • Sifuna’s TEP Moves to Rebrand as Linda Mwananchi Movement Ahead of 2027
  • Tarmac Laid on Rironi-Naivasha Highway as Government Targets October Opening
  • Ruto Unveils Raila Odinga Mausoleum in Bondo
  • Kenya Airways Confirms Death of Passenger on Nairobi-Lagos Flight Following Mid-Air Medical Emergency

You Might Also Like

KRA Intercepts 40 Undeclared iPhone 18 Pro, Pro Max Phones Worth KSh8.2 Million at JKIA

1 week ago

American Woman Raises Alarm After KSh48,000 Card Alert Linked to Nairobi Restaurant

1 week ago

Flydubai Flight to Tel Aviv Diverted to Saudi Arabia After Reported Pilot Brawl

2 weeks ago

Ruto Insists Dangote Lamu Refinery Will Proceed Despite Court Orders

2 weeks ago

Pages

  • About us
  • News
  • Privacy Policy
  • sauce.co.ke

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US
All rights reserved. A publication of Mercury Communications KE