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The Competition and Consumer Authority (CCA) has given conditional approval of Choppies Distribution Centre's (CDC) plan to snap up 76% of Kamoso Africa, allowing it to effectively take over control of the diversified group.
Competition Authority approves partial BCL acquisition The Competition and Consumer Authority (CCA) this week unconditionally approved the acquisition of certain assets belonging to BCL Limited by Premium Nickel Resources Botswana (PNRB). The BCL takeover was announced late last year by the Minister of Mineral Resources, Green Technology and Energy Security, Lefoko Moagi, together with PNRB […]
The Competition and Consumer Authority (CCA) has given Max Power Limited (MPL) a go-ahead to acquire 100 percent issued shares in Cradle Arc, a company that controlled Mowana Mine in Dukwi. Having received the transaction notice last month, the CCA has completed its assessment of the deal, and as a result, unconditionally approved it. Regarding […]
Business as usual at G4S following American takeover Following the successful acquisition of G4S by Allied Universal on 6th April, the takeover is not expected to result in any structural or operational changes in G4S Group subsidiaries, including G4S Botswana. In a recent notice to shareholders, the public listed G4S Botswana notes the acquisition presents the opportunity to leverage the latest security technology to offer customers good service and value. A global leader in security, with revenues of approximately US$18 billion, Allied Universal boasts operations in over 85 countries and a ...
NEWLY ACQUIRED: Edgars Botswana The Competition and Consumer Authority has approved the proposed acquisition of parts of the Edgars by Retailability Group through Oclin Botswana with conditions. The target entity, Edgars, is part of the Edgars Division which is Edcon’s department store that sells clothing, footwear, and accessories for men, women, and children. The stores additionally sell textiles, cosmetics, and cellular products The Edgars business is controlled by Edcon Botswana, which in turn is controlled by the Edcon Group. The acquiring company, The Retailability, is an entit...