CCA settles with Hollard; case proceeds vs BIC, Old Mutual (original) (raw)

Thursday, April 30, 2026 | 520 Views |

Milestone: The CCA secured a historic cartel settlement at the Competition Tribunal yesterday PIC: MBONGENI MGUNI

The Competition and Consumer Authority (CCA) today brings a legal suit against Botswana Insurance Company and Old Mutual for allegedly participating in a long-running scheme to impose mark-ups on spare parts, dictate labour costs to auto-body repairers and force repairers to buy parts only from their preferred suppliers.

The case is being heard at the Competition and Consumer Tribunal.

Yesterday, another participant in the alleged scheme, Hollard Insurance, reached a settlement with the fair-play watchdog, agreeing to pay P4.8 million for its role in the scheme.

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