Industrialisation Cabinet Secretary Adan Mohamed, Competition Authority
of Kenya chairman David Ong’olo and National Treasury Cabinet Secretary
Henry Rotich during the launch of the Competition Authority’s strategic
plan in Nairobi on December 10, 2013. PHOTO | SALATON NJAU
NATION MEDIA GROUP
Mr David Ong’olo has been re-appointed the chairman of the Competition
Authority of Kenya (CAK) following the completion of his three year term
in January.
In a Gazette notice on Friday last week, the National Treasury Secretary Henry Rotich announced his appointment, effective February 22, for three more years.
“In exercise of the powers conferred by section 10 (1) (a) of the Competition Act, the Cabinet Secretary for the National Treasury appoints David Otieno Ong’olo to be the chairman of the Competition Authority,” states the notice.
Mr Ong’olo has chaired the organisation’s board since his appointment in 2012, he is touted to have unrivalled interest in competition policy and private sector development.
He holds a Bachelor’s degree in Economics from the University of Nairobi and a Master of Science degree in Industrial Economics from Lancaster University, U.K.
TOUGH TIMES
During his three year tenure at the helm of the authority, he has dealt with tough moments; depreciation of the Shilling against the dollar, leading to a hike in general commodity prices. These resulted in restructure of competition practices.
“As part of these reforms the government modernised laws supportive of the competition process; the Restrictive Trade Practices, Monopolies and Price Control Act (RTP) was reviewed to strengthen the institutional frame work and ease the enforcement process,” said Mr Ong’olo in a statement.
Mr Ong’olo’s tenor saw the President shift all communication competition powers to CAK, withdrawing the Communications Authority (CA) in December. This quelled fears of introduction of new rules that were to split M-Pesa from Safaricom, as a result of its dominance in the sector.
The government’s representation at the board of CAK comprises of The National Treasury, The Attorney General and the Principal Secretary to the Ministry of East African Affairs, Commerce and Tourism. The Director General Wang’ombe Kariuki is an ex-officio and Secretary of the board.
In a Gazette notice on Friday last week, the National Treasury Secretary Henry Rotich announced his appointment, effective February 22, for three more years.
“In exercise of the powers conferred by section 10 (1) (a) of the Competition Act, the Cabinet Secretary for the National Treasury appoints David Otieno Ong’olo to be the chairman of the Competition Authority,” states the notice.
Mr Ong’olo has chaired the organisation’s board since his appointment in 2012, he is touted to have unrivalled interest in competition policy and private sector development.
He holds a Bachelor’s degree in Economics from the University of Nairobi and a Master of Science degree in Industrial Economics from Lancaster University, U.K.
TOUGH TIMES
During his three year tenure at the helm of the authority, he has dealt with tough moments; depreciation of the Shilling against the dollar, leading to a hike in general commodity prices. These resulted in restructure of competition practices.
“As part of these reforms the government modernised laws supportive of the competition process; the Restrictive Trade Practices, Monopolies and Price Control Act (RTP) was reviewed to strengthen the institutional frame work and ease the enforcement process,” said Mr Ong’olo in a statement.
Mr Ong’olo’s tenor saw the President shift all communication competition powers to CAK, withdrawing the Communications Authority (CA) in December. This quelled fears of introduction of new rules that were to split M-Pesa from Safaricom, as a result of its dominance in the sector.
The government’s representation at the board of CAK comprises of The National Treasury, The Attorney General and the Principal Secretary to the Ministry of East African Affairs, Commerce and Tourism. The Director General Wang’ombe Kariuki is an ex-officio and Secretary of the board.
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