Bomaid granted another chance to avoid CCA investigation
Friday, December 08, 2023 | 560 Views |
BOMAID office PIC: PHATSIMO KAPENG
On November 4, 2022, the High Court ruled that Bomaid is an enterprise subject to regulation by the Competition Act, clearing the way for the CCA to resume its investigations against the entity for alleged anti-competitive practices. The High Court found that Bomaid is an enterprise within the meaning of the Competition Act 2018 and is, therefore, subject to regulation by the Act.
The High Court declared that Bomaid is a body that carries out business for gain or reward and that its goal is one of a commercial and socio-economic nature. The reasons for this declaration were that Bomaid regulates its tariffs, the scheme is not compulsory, it provides several types of schemes by subscriptions effected by members, and a member’s ability to access healthcare benefits is determined by the scheme they subscribe to. And finally, a member’s failure to subscribe may result in their exclusion from such benefit.
“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...