SABMiller, AB InBev bid for merger approval

Competition Authority officials at the public hearing.PIC: MORERI SEJAKGOMO
Competition Authority officials at the public hearing.PIC: MORERI SEJAKGOMO

Attorneys representing multinational brewing and beverage firm, SABMiller and Belgian beverages company, AB InBev pleaded with the Competition Authority (CA) to approve their proposed merger on Tuesday.

The plea was made at a public hearing held at the CA offices in Gaborone, which was intended to allow the two parties to make oral representations to the authority with respect to the transaction.

The hearing was also meant to allow competitors and the general public to express their views on the acquisition.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

Have a Story? Send Us a tip
arrow up