Competition can still be effective in the midst of business closures
Monday, March 26, 2018
Speaking during the just ended National Competition Conference hosted by Competition Authority Obuseng said competition is not conditioned by joblessness and business closures.
He said the closure of one firm may alter the market conditions but this only happens in exceptional circumstances. He further said that more often the firms that close shop operate in relatively competitive markets and their departure does not alter the market dynamics.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...