Although Botswana adopted Competition legislation in 2009, some two years passed until October 2011, before regulations were passed in terms of the Act. The Minster of Trade and Industry, Ms Makgatho-Malesu will tomorrow officially launch the Competition Authority at its offices in Gaborone and also reveal the Authority’s logo, and it is expected that enforcement of the Act will commence in all earnest.
It is understood that the Competition Authority will be well funded and all indications are that the implementation of the Act will have far reaching consequences for businesses in Botswana, as well as international businesses operating in Botswana. Should you have any queries regarding the impact that the Botswana Competition Act may have on your business operations, please do not hesitate to contact us.
Jac Marais
Partner
Adams & Adams
Email: jac-m@adamsadams.co.za