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Competition commission embarks on inquiry into grocers

The competition commission is coming a-knocking at grocery retailers' doors once again, and it has a number of uncomfortable questions to ask...

By Colleen Goko 1 day ago

Blow for Apple as India sticks to retail rules: report

Apple faces a roadblock in its quest to open stores in India after the finance minister decided it must comply with tough local sourcing rules, a report said Wednesday, days after a visit by chief executive Tim Cook.

27 May 2016

African countries to be hardest hit by global food price, UN report finds

If global food prices double then China could lose $161bn in GDP and India could lose $49bn, but African countries will be hardest hit, according to a new report released today by the United Nations Environment Programme (UNEP) and Global Footprint Network...

20 May 2016

Hospitality takeover wins approval with terms

The takeover of hotel-focused property fund Hospitality by Southern Sun Hotels has been approved by SA's competition authorities, with conditions...

By Alistair Anderson 16 May 2016

Competition Commission's further extension application puzzles analysts

Analysts are at a loss as to why the Competition Commission has asked for a further extension before it makes a recommendation on Anheuser-Busch InBev's (AB InBev) takeover of SABMiller...

By Colleen Goko 11 May 2016

Appeal to allow alleged victims of bread cartel to sue Premier is withdrawn

A group of civil society organisations along with the Competition Commission have withdrawn their Constitutional Court appeal, which they had hoped would enable victims in the Western Cape bread price-fixing cartel to sue Premier Foods...

By Roxanne Henderson 11 May 2016

Australia green lights AB InBev mega-takeover of SABMiller

SYDNEY, AUSTRALIA: Australia's corporate regulator on Thursday, 5 May 2016, approved brewing giant Anheuser-Busch InBev's buyout of rival SABMiller, which is now awaiting the go-ahead from authorities in other key markets including Europe...

9 May 2016

McDonald's under pressure to commit to cruelty-free eggs

A petition against the eggs used in McDonalds meals in SA has been signed by 16‚756 supporters so far...

28 Apr 2016

Let's hope cooldrink tax isn't just a sugar rush

The tax on sugar-sweetened beverages, announced by Finance Minister Pravin Gordhan in his February budget speech, will come into effect on 1 April next year...

By Virusha Subban and Yonatan Sher 22 Apr 2016

Cash and carry shops non-compliant with SARS regulations

The South African Revenue Service (Sars) has done over 100 inspections of "cash and carry" businesses in Gauteng in the past month, it said in a statement on Wednesday...

21 Apr 2016

Clover changes low-fat milk to comply with new legislation

In keeping with its Clover's 'Way Better' promise and in line with the R260: Agricultural Product Standards Act passed by the Department of Agriculture, Forestry and Fisheries, Clover will be implementing a change to the fat content of its low-fat milk variant...

20 Apr 2016

'Toothless' regulator fails to act on Lewis

In a damning indictment of the National Credit Regulator's (NCR's) perceived inability to enforce any of its findings, the Lewis share price remained unchanged on Tuesday, following news that the NCR had again referred the furniture retailer to the National Consumer Tribunal for alleged breaches of the National Credit Act...

By Ann Crotty 20 Apr 2016

Lewis to oppose new referral to consumer watchdog

Furniture chain Lewis will oppose a request by the National Credit Regulator that the National Consumer Tribunal order it to refund customers of its "club fees" and maintenance plans...

19 Apr 2016

Proposed truck ban could hike price of basic food

New regulations banning trucks on urban roads during peak hours could trigger a spike in the cost of essential goods...

By Colleen Goko 18 Apr 2016

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