CCA registers its first merger rejections

Breaking down numbers: Dladla
Breaking down numbers: Dladla

The Competition and Consumer Authority (CCA) this year rejected four merger and acquisition requests from different enterprises, representing the first time the authority has turned down such proposals since it was established four years ago.

The authority is mandated to regulate all merger and acquisition activities taking place in Botswana, a responsibility that ensures that markets remain competitive and no firm assumes monopoly or undue market dominance in any sector.

On Tuesday, the CCA’s director of Mergers and Monopolies, Nomathemba Dladla revealed that the authority has turned down mergers that could have harmed local industry.

Editor's Comment
Government’s efforts commendable!

Since the news broke, the government made sure to work hand in hand with the South African government to assist the families of the victims. The two countries came together to help the families identify the bodies of their loved ones through DNA testing. The government also announced that they would assist families with food for mourners before the funerals.Even though the deceased persons were mostly residents of Molepolole, the government...

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