Shell, Engen merger threatens fuel supply monopoly

Shell Filling Station PIC: MORERI SEJAKGOMO
Shell Filling Station PIC: MORERI SEJAKGOMO

The proposed 74% acquisition of Engen Botswana shares by Vivo Energy, a Shell-branded fuel company, is raising red flags amongst authorities due to concerns about competition in Botswana's fuel industry.

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.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up