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The Competition Authority has rejected the acquisition of 28.73% shares in Mmegi Investment Holdings (Pty) Ltd by Universal House (Pty) Ltd. In its decision on 17th February, it said the transaction which had already been implemented without prior notification to the Authority, is likely to result…
The Competition Commission of South Africa has referred a collusion case to the Tribunal for prosecution against Bank of America Merrill Lynch International Limited, BNP Paribas, JP Morgan Chase & Co, JP Morgan Chase Bank N.A, Investec Ltd, Standard New York Securities Inc., HSBC…
The scheduled public hearing by the Competition Authority that was to be held on 20th February 2017 in relation to the proposed transaction involving the intention by Universal House (Pty) Ltd to acquire 28.73% interest in Mmegi Investment Holdings (Pty) Ltd has been cancelled.
Having reviewed the…
Pursuant to section 58(1) of the Competition Act (Cap 46:09), the Competition Authority (“the Authority”) hereby invites members of the public to a hearing in relation to the proposed transaction which involves the intention by Universal House (Pty) Ltd (“Universal House”) to acquire 28.73%…
The Competition Authority and the Gambling Authority have signed a Memorandum of Understanding (MoU) to enhance cooperation between the two institutions which would ultimately improve their internal processes and efficiencies.
The MoU was signed by the Acting Chief Executive Officer of the…
