When is a merger/acquisition notifiable?

A merger should be notified to the Competition Authority if the target enterprise (i.e. the enterprise that is being taken-over or bought in Botswana) has assets or turnover that exceeds BWP 10 million or if the enterprises involved in the merger would, following implementation of the merger, supply or acquire at least 20 per cent of a particular market of goods or services in Botswana.