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Apr 29, 2016
BRYAN PERRIE The Concrete Institute MD says sample tests have shown that some cement imports are of an inferior quality.
Cement and concrete advisory body The Concrete Institute (TCI) MD Bryan Perrie is concerned about the quality and metrology of cement imports. He explains that all cement has to be certified by a body approved by the National Regulator for Compulsory Standards (NRCS)...
Apr 27, 2016
South Africa is likely to be the worst performer in sub-Sahara Africa (SSA) with a projected gross domestic product (GDP) expansion of 0.7% this year. This is according to the latest outlook for the region by FocusEconomics.
Apr 15, 2016
Anheuser-Busch InBev will invest R1-billion ($69-million) to support small South African farmers as part of concessions agreed with the government to secure regulatory approval for its $100-billion-plus takeover of SABMiller, it said on Thursday. The world's biggest...
Apr 08, 2016
MARKET DEMAND TO INCREASE A large number of emerging manufacturers is expected to drive the heat exchanger market in future
India-based market research company Markets and Markets (M&M) predict that the heat exchanger market will be worth $21.08-million by 2019 owing to demand increase from Europe and Asia. The exchanger market report conducted by M&M is based on heat exchanger types such...
Mar 24, 2016
The Competition Tribunal has issued an order for the Competition Commission to file supplementary applications relating to three companies that the commission wants added as parties to two complaints relating to the Gautrain rapid rail link project and the Lesotho...
Mar 24, 2016
The Competition Tribunal on Thursday dismissed with costs an application by Sovereign Foods regarding what it alleged to constitute a merger by its competitor Country Bird Group. Sovereign Foods is a producer of fresh and frozen chicken portions. Country Bird is a...
Mar 24, 2016
Tony Tyler
The European Commission’s (EC’s) investigation into allegations that aviation original-equipment manufactures (OEMs) have abused their dominant market positions has been joined, in the role of a complainant, by the International Air Transport Association (Iata). The...
Mar 01, 2016
Private hospital and specialists’ fees need to be regulated to contain costs for medical scheme members, according to the Board of Healthcare Funders (BHF). These fees take the “lion’s share” of members’ contributions, BHF Executive Director Dr Humphrey Zokufa told...
Jan 27, 2016
Jan 21, 2016
Jan 15, 2016
Dec 18, 2015
 
 
 
Dec 11, 2015
The Competition Commission of South Africa on Thursday confirmed it had issued a R64.1-million fine to construction giant Murray & Roberts for its involvement in sector collusion related to construction projects for the 2010 World Cup. “Yesterday [on Wednesday], the...
Dec 10, 2015
The Competition Commission has approved, with conditions, a proposed tie-up between liquefied petroleum gas (LPG) suppliers Easigas and Reatile Gaz. The duo aimed to merge their respective Southern African operations to create a “truly regional player” with improved...
Dec 10, 2015
The proposed R9.43-billion takeover of gaming and hotel company Peermont Group by JSE-listed resort hotel group Sun International has been denied in a move the Competition Commission says will prevent decreasing competition in an already concentrated market. Sun...
Nov 12, 2015
South Africa’s Competition Commission and its Namibian counterpart this week inked a deal to formalise and promote cooperation in competition law and policy enforcement within the two Southern African countries. The memorandum of understanding, said to be the first...
Nov 06, 2015
The Department of Trade and Industry (DTI) is confident the US will reverse its decision to suspend some of South Africa’s African Growth and Opportunity Act (Agoa) benefits before the restrictions are implemented by the end of the year. Trade and Industry Minister...
Oct 29, 2015
The Competition Tribunal has approved a joint venture by Hollard Insurance and FirstRand (WesBank), called Newco, to provide vehicle financing, as well as insurance and noninsurance motor value-added products (VAP). While the matter was heard on Wednesday, judgment...
Oct 28, 2015
Competition Tribunal chairperson Norman Manoim has urged chartered secretaries and compliance officers to exercise caution during their governance of a company’s corporate activity, telling the Chartered Secretaries Southern Africa’s seventh yearly Corporate...
Oct 23, 2015
Petrochemicals group Sasol submitted an affidavit in August to the Constitutional Court in response to an application made by the Competition Commission in July for leave to appeal the Competition Appeal Court’s (CAC’s) June ruling to overturn a Competition Tribunal...
Oct 22, 2015
Liquid petroleum gas (LPG) company Totalgaz Southern Africa has signed an agreement to buy LPG bulk and cylinder distribution company KayaGas’s storage, filling and distribution assets. The transaction was subject to the approval of the South African Competition...
Oct 20, 2015
Article contains comments
Independent power producers (IPPs) active in South Africa could well have a legal case against energy utility Eskom, should the parastatal be found to have breached the ambits of the Competition Act by denying them access to the national electricity grid to...
 
 
 
 
Oct 20, 2015
Taking over from Junior Khumalo, who has resigned to take up a role at the Independent Communications Authority of South Africa, Nompucuko Nontombana has been appointed as the Competition Commission’s enforcement and exemptions division’s manager, with effect from...
Oct 16, 2015
The Competition Commission has extended the date by which it plans to complete a market enquiry into the private healthcare industry from November 30, 2015, to December 15, 2016, citing delays in accessing information from certain stakeholders. According to the new...
Oct 14, 2015
The proposed R1-trillion takeover of SABMiller by Anheuser-Busch (AB) InBev will not be an easy feat, owing to scrutiny by South Africa’s Competition Commission and attempts by government to secure local ownership, jobs, tax and investment, Nomura International...
Oct 14, 2015
Article contains comments
The Competition Commission on Wednesday conducted a search and seizure, or dawn raid, operation at the premises of various liquefied petroleum gas (LPG) suppliers in Gauteng and the Western Cape. The operation formed part of the commission’s investigation into the...
Oct 12, 2015
The Competition Commission on Monday asked the Competition Tribunal to confirm a consent agreement for construction firm Stefanutti Stocks, bringing an end to a six-year collusion case. The commission’s case against Stefanutti stemmed from a September 2009 complaint...
Oct 09, 2015
The first phase of the repair and modernisation of the deep water port of Nacala, in Nampula province in Mozambique, is close to being concluded, the Macauhub news agency has reported. This phase will result in the port having new container and fuel terminals, plus a...
Sep 29, 2015
A new survey has revealed that despite an uncertain economy and plunging business confidence, nearly half of South African businesses have explored merger and acquisition (M&A) opportunities. Auditing and accounting firm Grant Thornton said that, at 49%, the...
Aug 14, 2015
The Competition Commission has revised its service standards for Phase 3 large mergers and acquisitions (M&A), cautioning stakeholders in a statement on Friday that the turnaround time for these transactions had been extended to 120 business days. Revision of the...
Jul 23, 2015
The Competition Commission has filed an application with the Constitutional Court for leave to appeal a June decision by the Competition Appeal Court (CAC) to uphold Sasol Chemical Industries’ (SCI’s) appeal against a Competition Tribunal finding, which resulted in...
Jul 22, 2015
The Competition Commission has approved electrical and instrumentation solutions provider Zest WEG’s proposed acquisition of automation company TSS Engineering, TSS Transformers and Intertest, without conditions. Post-merger, Zest WEG would have sole control over the...
 
 
 
 
Jul 10, 2015
OVERCAPACITY The global steel industry is currently experiencing an oversupply of steel
Latin America nonprofit steel organisation Latin American Steel Association (Alacero) in June announced that the global steel industry calls on governments to take action against China’s new steel policy, Steel Adjustment Policy, and overcapacity. The association...
Jul 01, 2015
Economic Development Minister Ebrahim Patel
Some four years after the signing of the Local Procurement Accord, which sketches government’s intention to achieve a 75% localisation spend in the procurement of goods and services, Economic Development Minister Ebrahim Patel has described government’s greatest...
Jun 30, 2015
The Competition Commission has reached a settlement agreement with Japanese shipping liner Nippon Yusen Kabushiki Kaisha (NYK) for contravening the Competition Act in the transportation of motor vehicles to and from South Africa by sea. This settlement followed the...
Jun 26, 2015
The Competition Commission has given its approval for the intermediate merger between Chinese-owned Hebei Iron and Steel Group and Swiss steel trader Duferco International Trading Holding SA, with conditions.
Jun 17, 2015
Vodacom has expressed cautious welcome over one regulator's approval of its planned bid to buy Neotel. The Independent Communications Authority of South Africa (Icasa) earlier this week gave Vodacom the green light to buy Neotel for R7-billion.
Jun 12, 2015
The Competition Commission has recommended that the Competition Tribunal approve without conditions the R44.4-million acquisition of Astrapak-owned Cinqpet and certain related assets by polyethylene terephthalate (PET) product manufacturer Boxmore. Cinqpet’s business...
Jun 11, 2015
The Competition Commission has given its approval for the intermediate merger between Chinese-owned Hebei Iron and Steel Group and Swiss steel trader Duferco International Trading Holding SA, with conditions.
May 25, 2015
The Competition Commission has referred a case of alleged collusion against JSE-listed construction materials company Dawn, along with its subsidiaries DPI Plastics, Ubuntu Plastics and Sangio Pipes, to the Competition Tribunal for prosecution. The commission alleged...
May 22, 2015
The redraft of South Africa’s intellectual property (IP) policy could have significant ramifications for the pharmaceutical industry, says specialist IP law firm Spoor & Fisher partner David Cochrane. He suggests that the redraft was partially prompted by the...
Apr 15, 2015
Article contains comments
Colin Coleman
Leading global investment banking, securities and investment management firm Goldman Sachs is bullish on South Africa, which it regards as a favourable destination for fund managers because of the depth of its capital market and the scarcity of other emerging market...
 
 
 
 
Mar 31, 2015
The Competition Commission has appointed Bukhosibakhe Majenge legal services divisional manager, effective April 1. The commission advised on Tuesday that Majenge would take over from Wendy Ndlovu, appointed manager in the office of the Commissioner. Majenge had...
Mar 30, 2015
Article contains comments
The Airports Company South Africa (ACSA) has agreed to pay almost R2-million for fixing the prices of parking bays at OR Tambo International Airport in Johannesburg, the Competition Commission said on Monday. "In terms of the settlement, ACSA admits that it engaged...
Mar 27, 2015
POTENTIAL CONSEQUENCES There is no guarantee that an EPR tax will feed money back into developing the paper and packaging sector
Currently the paper industry is largely responsible for its own collections of recyclable paper needed as a raw material. Owing to transport and labour costs, collection  is an expensive exercise, a situation manufacturers can do little to improve, says Paper...
Mar 20, 2015
The Competition Commission of Friday conducted a search and seizure, or dawn raid, operation at the premises of Gauteng-based fire control and protections systems suppliers Belfa Fire, Cross Fire Management, Fire Control Systems, QD Air, Technological Fire...
Mar 19, 2015
JSE-listed construction major Group Five says its lawyers have advised it that there are “evidentiary hurdles” in two cases of alleged collusion referred to the Competition Tribunal by the Competition Commission. The commission on Tuesday referred a case of alleged...
 
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