Retail sector leads in acquisitions

Magdeline Gabaraane
Magdeline Gabaraane

The wholesale and retail sector has dominated mergers and acquisitions in the past year, the latest Competition Authority (CA) annual report shows.

During the 2016-2017 financial year, a total of 52 mergers were handled and out of this figure, the wholesale and retail sector recorded the highest number at 13 cases compared to 12 in the previous year.

The other sector that had a significant record on merger notifications is the transportation and logistics sector, which recorded seven cases as compared to zero in 2016.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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