BMWU scores big against PPC Botswana :: Mmegi Online

FRANCISTOWN: The Competition and Consumer Authority has decided that there should be no job losses when PPC Aggregate Quarries Botswana (Pty) Ltd is fully purchased by Danoher Botswana Pty Ltd. The recent development is sweet victory to the Botswana Mine Workers Union (BMWU) who earlier this month wrote a letter to the competition authority (CA) expressing concern that the sale could result in massive job losses. The union wanted assurances that there would be no job losses because of the transaction.

Late last week the CA approved the sale of PPC Aggregate Quarries Botswana to Danoher because it will not ‘likely result in substantial lessening of competition’, in the market.

“There shall be no merger specific retrenchments or redundancies that may affect the employees of the merged enterprises,” reads a statement on the ruling from the CA.

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