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Phikwe Poised

Phikwe Poised
Tebelelo Pule

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 Chief Executive Officer, Montwedi Mphathi and the liquidator, Trevor Glaum.

In December, CCA received the transaction notification and subsequently concluded its assessment on 13 January.


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