A major class action against bread producers found guilty of price fixing and market allocation by the Competition Commission has calculated that the damage to consumers amounted to a mere R2.1m, while the bread producers were fined almost R300m.
By Amanda Visser and Mark Allix 6 Mar 2014 15:37
Following the Minister of Finance, Pravin Gordhan's annual National Budget Speech on 26 February 2014, both FNB and VinPro have praised aspects of the budgets that relate to small businesses and the wine industry.
3 Mar 2014 14:49
The cost of drinking and smoking is going up again with excise duties - or so-called "sin taxes" - rising by between 2.5% and 12% on tobacco products and alcoholic beverages.
By Angus Macmillan 27 Feb 2014 16:42
Presently the Chinese trademark system has a reputation for being slow, expensive and complex. It is therefore anticipated that the third amendment to the trademark law of the People's Republic of China, which introduces significant changes, effective 1 May 2014, will be welcomed.
By Donvay Wegierski 26 Feb 2014 09:29
The Protection of Personal Information Act, along with PCI security requirements and the CPA, have forced retailers into a complex compliance arena, which could have considerable financial implications.
25 Feb 2014 10:14
Understanding consumer rights is becoming an integral part of conducting business in South Africa. With an increased emphasis on potential harm to consumers by goods and services, suppliers around the world must become conscious of their obligations in law in various jurisdictions including South Africa.
By Neil Kirby 24 Feb 2014 10:08
One of the purposes of the Consumer Protection Act, No 68 of 2008 (CPA), is to "promote and advance the social and economic welfare of consumers" by "improving consumer awareness and information, and encouraging responsible and informed consumer choice and behaviour".
By Justine Krige 14 Feb 2014 14:35
Pick 'n Pay, Shoprite/Checkers, and Spar supermarkets will not be prosecuted by the Competition Commission for contraventions of Sections 5 and 8 of the Competition Act. This follows after an announcement by the Commission that it has concluded its investigation into long-term supermarket lease agreements under the Competition Act and has issued a notice of non-referral.
29 Jan 2014 11:35
Following its long term investigation into long-term supermarket lease agreements, the Competition Commission has announced it has concluded its investigation and has issued a notice of non-referral.
27 Jan 2014 12:32
Antibacterial soap and hand wash are everyday hygiene products to which most consumers do not give a second thought.
22 Jan 2014 17:10
The Competition Commission on Tuesday, 21 January 2014, argued before the Competition Tribunal that South Africa's biggest fishing firm‚ Oceana‚ should not become the owner of Foodcorp's small pelagic fishing rights in its takeover of Foodcorp's fishing business.
By Amanda Visser 22 Jan 2014 12:52
The Competition Commission's "dogged insistence" that the Glenryck canned pilchards brand be sold off with Foodcorp's allocated small pelagic fishing quota to gain approval for a transaction with Oceana was placing 1,000 jobs at stake.
By Amanda Visser 21 Jan 2014 16:00
According to the 2012 Norton Rose Fulbright cybercrime report, South Africa is ranked the third worst globally for cybercrime, data security and forensics experts. To protect retailers against cybercrime, which costs South Africa an estimated R1 billion a year, Foregenix Security Essentials (FSE) offers a bundle of services.
15 Jan 2014 10:43
Once the Protection of Personal Information bill is passed, retailers will have to be prepared to deal with customers' questions about the personal information that they are collecting and how they intend to protect it against abuse.
By Jana van Zyl 15 Jan 2014 08:25
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