Big announcement from Vodacom and Vumatel
Vodacom and Vumatel owner Community Investment Ventures Holdings (CIVH) have filed a notice to appeal against the Competition Tribunal prohibiting a deal between the two companies.
Remgro, which has an effective 57% stake in CIVH, and Vodacom announced...
JSE-listed industrial metals and mining group Afrimat has decried the slow pace of final regulatory approval for its acquisition of Lafarge, describing the process as frustrating.
The merger, touted by analysts as the “deal of the century”, will give Afrimat access to some of the best assets in...
MTN and Rain can take part in hearing on Vodacom-Vuma merger
The Competition Tribunal has granted MTN and Rain leave to intervene in the pending hearing about a proposed transaction between Vodacom and Maziv.
Maziv owns Vumatel and Dark Fibre Africa.
Vodacom, Vumatel deal heads for big fight at Competition Tribunal
South Africa’s Competition Tribunal has set 20 May 2024 as the date for the final hearing regarding a proposed transaction between Vodacom, and Vumatel’s parent company Maziv.
Remgro head of strategic investments Pieter Uys...
Solar firm pays R200,000 penalty after alleged tender shenanigans
The Competition Tribunal has confirmed that Gauteng-based solar energy firm Pacific Solar has agreed to pay a R200,000 fine as part of a consent agreement after the Competition Commission accused it of collusion.
Pacific Solar...
South Africa green-lights Microsoft's R1.25-trillion Activision Blizzard deal
South Africa's Competition Commission has recommended that the Competition Tribunal approve Microsoft's proposed acquisition of Activision Blizzard, without conditions.
Microsoft first announced it agreed to buy the...
WhatsApp faces prosecution in South Africa
The Competition Tribunal says it will hear an application on Tuesday, 18 April, involving the Competition Commission prosecuting Meta Platforms for the alleged abuse of its market dominance in South Africa.
Meta Platforms was previously known as...
Vodacom's R13.2-billion deal to buy Vumatel — Competition Commission answer expected in days
Remgro strategic investments head Pieter Uys says they are confident the Competition Commission will issue a recommendation on Vodacom’s proposed deal to acquire a co-controlling stake in CIVH for...
Santam deal to buy MTN device insurance policies gets green light
The Competition Commission has recommended that the Competition Tribunal approve Santam’s proposed acquisition of MTN device insurance policies underwritten by Guardrisk.
According to the Commission, the proposed transaction...
Competition Commission nails Takealot sellers for alleged collusion
Two Takealot sellers that allegedly conspired to fix prices on personal protective equipment must face the Competition Tribunal.
The Competition Commission announced on Thursday that it referred the merchants to Competition...
Shoprite gets approval to buy stores from Makro and Game owner
The Competition Tribunal has approved the Shoprite Group's proposed transaction to buy numerous Massmart-owned wholesalers, supermarkets, and liquor stores, but with extensive conditions.
Earlier this year, Shoprite offered...
iStore owner buying bigger stake in major Apple reseller Digicape
The Competition Commission has recommended that the Competition Tribunal approve iStore owner ZA Online acquiring an additional stake in Shock Proof, the company that owns Apple reseller Digicape.
"The commission has recommended...
Reunert purchase of electronics manufacturer meets no resistance
Reunert’s acquisition of Etion Create has received unconditional Competition Commission approval.
“The Commission has recommended that the Competition Tribunal approve the proposed transaction,” the regulator said in a statement...
Competition Court orders DStv to bring back four dropped E-tv channels
The Competition Appeal Court has ruled that MultiChoice must reinstate four eMedia channels on the DStv platform after cutting them at the beginning of June.
This comes after the Competition Tribunal initially ruled in...
Why DStv was allowed to drop four E-tv channels
The Competition Tribunal has released its reasons for dismissing eMedia's application to force MultiChoice to keep four of its channels on DStv.
In early March 2022, DStv first announced it would stop airing the E-tv Extra, eToonz, eMovies, and...
DStv drops four channels without warning
E-tv owner eMedia has announced that MultiChoice dropped four of its channels from DStv without warning.
This comes after the Competition Tribunal ruled against eMedia’s appeal to keep the channels on MultiChoice’s satellite TV platform.
Wesbank and Toyota Financial Services facing fines for alleged car loan collusion
The Competition Commission has referred FirstRand Bank Limited (FirstRand), Wesbank, and Toyota Financial Services South Africa (TFS) to the Competition Tribunal for prosecution on allegations of dividing the...
ZTE will pay R5 million settlement over alleged collusion in South Africa
The Competition Tribunal released a statement on Tuesday in which it said ZTE Corporation South Africa and the Competition Commission had reached the agreement on the condition that the company refrains from engaging in...
MTN and Vodacom cut prepaid mobile data prices - save 40% on 1GB
It has been just over a year since Vodacom and MTN reached an agreement with the Competition Commission to significantly reduce the price of mobile data in South Africa.
Vodacom agreed to drop its monthly data prices across the...
Telkom anti-competitive actions exposed: client
Telkom has been accused of anti-competitive behaviour, and information seen by MyBroadband does not paint the company in a good light