GAZETTE NOTICE NO. 581

IT IS notified, pursuant to section 39 of the Competition Act, 2010 (“the Competition Act”), that in exercise of the powers conferred by section 38 of the Act, the Competition Authority of Kenya (“the Authority”) has entered into a settlement agreement with Unilever Kenya Limited (“Unilever”) after the Authority conducted investigations under section 24A (1) of the Competition Act. Under the terms of the Settlement Agreement, Unilever will: 1. Reduce payment terms for— (a) all existing SMEs from ninety (90) days to sixty (60) days effective 1st January, 2023 and further to forty-five (45) days effective 1st January, 2025; and (b) for all new SMEs on-boarded after 1st January, 2023 to thirty (30) days. 2. Increase its procurement from SMEs by— (a) incrementally increasing localization of procurement spend by KES 400 million between 1st January, 2023 and 31st December, 2025; and (b) inviting at least two (2) local SME suppliers to all tenders and other procurement procedures. 3. Dedicate an annual budget of KES 75 million to undertake supplier development training for its SME suppliers for a period of three (3) years from 1st January, 2023 to 31st December, 2025. 20th January, 2023 THE KENYA GAZETTE 4. Implement a competition compliance training program for a period of three (3) years between 1st January, 2023 and 31st December, 2025. 5. Comply with the provisions of the Competition Act and all applicable relevant guidelines, which have the force of law from time to time. Dated the 13th January, 2023. ADANO WARIO, MR/4281383 Ag. Director-General.