Sun defends move to �dominate� casino industry

Hodge appearing before the Mergers Review Committee of the Competition Authority. PIC: KENNEDY RAMOKONE
Hodge appearing before the Mergers Review Committee of the Competition Authority. PIC: KENNEDY RAMOKONE

International resort and hotel chain, Sun International has defended its intentions to acquire hotel and gaming company, Peermont Group, saying the takeover is unlikely to result in anticompetitive behaviour in the casino industry.

If granted regulatory approval, the acquisition of

Peermont’s assets in Botswana will result in Sun International, which divested out of Gaborone Sun last year but retained the Casino business there, owning all casinos in Francistown and two of the three in Gaborone.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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