Shell, Engen merger threatens fuel supply monopoly
Friday, November 24, 2023 | 1510 Views |
Shell Filling Station PIC: MORERI SEJAKGOMO
The Competition and Consumer Authority (CCA), a government body overseeing anti-competitive practices, has expressed reservations about the merger, pointing out the dominant market share of the two companies in the country's energy landscape.
According to CCA officials, the unhindered merger of Vivo Energy and Engen Botswana could lead to unprecedented market power, posing a threat to healthy competition in the fuel sector.
“In any moment of decision, the best thing you can do is the right thing.”– Theodore RooseveltThrough the two-day event, over 700 athletes from 40 countries, and multitudes of spectators gathered in Gaborone to witness a world-class sporting spectacle.Beyond the medals and performances on the track, Botswana won something equally important: international respect. One of the key pillars behind the success was the sterling work done by the...