Takealot ordered to make massive changes to ease competition

[BusinessTech]

Takealot ordered to make massive changes to ease competition

The Competition Commission says that Takealot needs to make some sweeping changes for its operations in South Africa.

 

[Stokstert]

ANC again hijacking the private sector to enforce previously disadvantaged take a bite out of their business.

 

[neoprema]

"The inquiry also found that historically disadvantaged businesses face additional restrictions when trying to break into e-commerce."

and there-in lies the real reason... Cadres are missing out on a potential cash cow, especially with Amazon coming...

inb4 they throw the "and it must be 30% black owned" soon like they're pushing for ISPs..

 

[Bewlen]

Makes sense. We're well on our way to "rent-seeking and extortion" being officially recognised as the biggest economic contributor. When you are incapable of creating value, that's the only way you can extract value from it.