CCA clears Bomaid’s MRI deal
Tuesday, February 11, 2025 | 770 Views |
Changing times: Bomaid is reducing its stake in MRI Botswana
Currently, MRI is owned by Botswana Medical Aid (Bomaid), the Motor Vehicle Accident Fund, and individuals. Bomaid, through its investment arm, Southview, holds the majority stake of MRI at 94%, whilst MVA Fund owns four percent and the individual shareholders account for the balance. In a notice last week, the CCA said its assessment had not shown any competition issues in the transaction. “The implementation of the proposed merger is not likely to result in a substantial lessening of competition, nor endanger the continuity of service in the market under consideration. “Furthermore, the proposed merger will not have any negative effect on public interest matters in Botswana,” the competition watchdog said. MRI Botswana operates clinics, pharmacies, and emergency response services throughout the country, accessible to Bomaid members and other medical aid societies.
The company is a multi-faceted healthcare services provider with five core business units: Emergency Medical Services (EMS), general medical services, pharmacies, a training academy, and a contact centre. EMS focuses on pre-hospital emergency care and patient transportation, whilst the general medical services unit manages Prime Health clinics and occupational healthcare facilities. The pharmacies offer courier services and innovative Collect & Go technology lockers for medication distribution. The training academy caters to MRI’s internal medical training needs, and the contact centre provides outsourced services such as care lines and counselling. Furthermore, MRI has been providing services to three of the country’s top four medical aids.
For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....