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Discovery gets bank licence

Discovery Bank has become the second new bank to obtain a licence from SA's banking regulators as the market is opened to new competitors for the first time in almost two decades...

By Hilary Joffe 2 days ago

EU pauses inquiry into Bayer-Monsanto takeover

The EU said Thursday it had "stopped the clock" on its probe into German chemical firm Bayer's proposed mega-takeover of US agri-giant Monsanto while it waits for the companies to provide information...

6 Oct 2017

Vodacom investigated for 'abuse of dominance'

In a move that caught the market off guard, the Competition Commission said on Wednesday it was investigating Vodacom for abuse of dominance after it clinched an exclusive R5bn contract to supply voice and data services to the government...

By Thabiso Mochiko 5 Oct 2017

Competition Commission drops investigation into Aspen's alleged excessive pricing

The Competition Commission has dropped its investigation into local company Aspen for allegedly charging excessive prices...

By Katharine Child 5 Oct 2017

Union hopes to land 18% stake in Coca-Cola bottler

Katishi Masemola, general secretary of the Food and Allied Workers' Union, is hoping his members will bag an 18% stake in Coca-Cola Beverage South Africa (CCBSA), the largest Coca-Cola bottler in SA...

By Ann Crotty 29 Sep 2017

Bank in row with regulator over evidence

Standard Bank and the Competition Commission were at loggerheads over the whereabouts of the antitrust regulator's forex investigation record...

20 Sep 2017

Tribunal ruling blow to HCI restructuring

The plans of Hosken Consolidated Investment's (HCI) to restructure gaming assets held in two of its subsidiaries, Tsogo Sun and Niveus, were thrown into disarray on Tuesday following a ruling by the Competition Tribunal...

By Ann Crotty 14 Sep 2017

Beef supplier and juice maker agree not to compete - in contravention of competition law

Two companies - a beef supplier and a juice maker - have been referred by the Competition Commission to the Commission Tribunal after it was found they signed agreements not to compete with each other...

By Penwell Dlamini 14 Sep 2017

Opacity over construction pact is risky

There has been no full public disclosure by the Department of Economic Development and seven JSE-listed construction and engineering groups over their signing of a voluntary transformation agreement...

By Mark Allix 13 Sep 2017

Silent participation, passive attendance constitute contravention of Competition Act

The Competition Appeal Court has concluded that there is a duty to speak or to report to authorities or publicly distance oneself from any uncompetitive behaviour and that silent participation or passive attendance constitutes a contravention of the Competition Act. Silent or passive participants have a duty to report such proceedings...

By Rishal Bipraj 12 Sep 2017

Parliament wants independent probe of Vodacom billing glitch

Parliament has weighed in on the Vodacom billing debacle, calling for the matter to be investigated by an independent body...

By Bekezela Phakathi 28 Aug 2017

Collusion: Stuttaford Van Lines charged

Stuttaford Van Lines has been charged with 649 counts of collusive tendering in relation to tenders issued for the transport of furniture by the Presidency, Parliament, state-owned enterprises and other government departments...

By Colleen Goko 3 Aug 2017

Tribunal confirms DStv division's settlement for collusion

The Competition Tribunal has confirmed a R180m settlement that a division of DStv will have to pay after admitting to colluding with media groups on pricing, discounts and payment terms for advertising space...

By Pericles Anetos 31 Jul 2017

Icasa looks to ease number porting rules

The Independent Communications Authority of SA (Icasa) plans to review the number portability regulations to make it easier for consumers to switch networks...

26 Jul 2017

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