CTC greenlights Matumi Energy’s acquisition of Rockodox

THE Competition and Tariff Commission (CTC) has approved energy investor Matumi Energy Pvt Limited’s purchase of a 70% stake in fuel firm Rockodox Pvt Limited .

According to the CTC, Matumi is a wholly-owned indirect subsidiary of Trans African Oil (Pvt) Limited through Molecule1 Energy (Pvt) Limited (Molecule). Trans African Oil supplies petroleum products such as petrol, diesel, Jet A1 and lubricants to Zimbabwe customers including RK Fuels and Rockodox, through the pipeline.

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