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<p>With the Covid-19 pandemic having been with us for over a year, many of us have resorted to shopping online, it seems to be simple and convenient, but the South African Competition Commission has seen the need to launch an inquiry into the online market. They believe there is a potential for exploitation, discrimination and consumers and not being presented with the optimal choices. James Hodge, Chief Economist at the Competition Commission joins CNBC Africa for more.</p>


Competition Commission launches inquiry into SA’s online market

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<p>South Africa’s Competition Commission has published its final report of the Covid-19 impact assessment study. The report has found that the Commission’s work had a significant positive impact in the country during the pandemic, especially during Alert level 4 and 5 of the lockdown. Joining CNBC Africa to discuss the findings is Khalirendwe Ranenyeni, Principal Economist at the South African Competition Commission.</p>


What impact did the Competition Commission’s work have during the COVID-19 pandemic?

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<p>Covid-19 has had drastic and everlasting effects on the business environment, with restrictions hindering the ordinary course of business. With balance sheets under pressure, there are expectations that there will be an uptick in Mergers and Acquisitions. Joining CNBC Africa to talk about M &#038; As from a regulatory point of view is Tamara Paremoer, Divisional Manager for Mergers &#038; Acquisitions at the Competition Commission.</p>


Competition Commission on how the pandemic impacted M&As in SA

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<p>The South African Competition Commission has been especially busy this year. This as the Commission increased its efforts in containing price gouging on essential items needed during the COVID-19 pandemic. Joining CNBC Africa to give an overview on the work that has been done in 2020 and an outlook on the year ahead is Tembinkosi Bonakele, Commissioner of the South African Competition Commission.</p>


Commissioner Tembinkosi Bonakele reflects on 2020 & looks ahead to 2021

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<p>In an unexpected move, MultiChoice announced a partnership deal with Netflix and Amazon, in June. Aiming to be a one-stop shop, MultiChoice plans to offer the streaming services of its competitors through its new decoder. Some have expressed concern about the pay-TV group warding off competition. Duncan McLeod, Founder &#038; Editor of TechCentral joins CNBC Africa for more.</p>


Here’s what to expect from MultiChoice’s partnership with Netflix & Amazon

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<p>As South Africa sees a surge in COVID-19 infections, consumers are increasingly faced with overpriced products on the shelves. The Competition Commission continues to receive complaints, from customers who are already feeling the pinch. The question is, does the Competition Competition have the capacity to clamp down on price gouging? Joining CNBC Africa for this discussion is Makgale Mohlala, Head of Cartels at the Competition Commission and Shawn van der Meulen, Partner at Webber Wentzel.</p>


Does the Competition Competition have capacity to clamp down on COVID-19 profiteering?

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<p>Twenty eight banks are in the hot seat after the Competition Commission filed a new charge sheet against them to the Tribunal requesting they be prosecuted. The banks are accused of colluding to manipulate the dollar/ rand currency pair trading.to fix prices and divide markets, in contravention of the Competition Act.  The banks now have an opportunity to respond to the charges. Hardin Ratshisusu, Deputy Commissioner of the Competition Commission joins CNBC Africa for more.</p>


28 banks accused of rand manipulation


<p>South Africa’s Competition Commission has warned members of the public about a circulating fake price list that claims to be price guidelines for hygiene and healthcare products issued by the Commission.</p>



<p>The body has also warned against criminals pretending to be investigators from the Commission, who have been approaching businesses attempting to solicit bribes.</p>



<p>Read the full statement below:</p>



<p><strong>BEWARE OF A CIRCULATING FAKE PRICE LIST ON ESSENTIAL ITEMS</strong></p>



<p>The Competition Commission would like to warn members of the public about a circulating fake price list that purports to be price guidelines for hygiene and healthcare products issued by the Commission.</p>



<p>The Commission has not issued price guidelines for any items and therefore the price list guideline. We are, however, investigating unreasonable price increases on essential items in line with the regulations issued by the Minister of Trade and Industry, Ebrahim Patel.</p>



<p>We urge members of the public to ignore this fake list and discourage anyone from circulating it. Anyone who continues to distribute the list must be urgently reported to 084 743 0000.</p>



<p>It has also come to the attention of the Commission that there are criminal elements purporting to be our investigators who are interacting with businesses with the intention of soliciting bribes.</p>



<p>It is important to note that all our telephonic investigations are accompanied by written correspondence, either before or after a telephone call from an investigator. Further, our investigators can be verified by either calling 0123943378 or sending an email to <a href="mailto:Ccsa@compcom.co.za">Ccsa@compcom.co.za</a>.</p>



<p>The Commission has brought the activities of the bogus investigators to the attention of law enforcement agencies.</p>



<p>For more coverage on COVID-19 visit: <a href="https://www.cnbcafrica.com/covid-19/">https://www.cnbcafrica.com/covid-19/</a></p>


ArcelorMittal South Africa fined R3.64 million over hydrogen sulfide emissions

South Africa’s Competition Commission warns of bribes, fake prices for essentials

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<p>Since panic buying reigned on South Africa amid the national lockdown, the Competition Commission has received more than 500 complaints against retailers and suppliers that have excessively hiked up the prices of essential items. Joining CNBC Africa to unpack more is Hardin Ratshisusu, Deputy Commissioner of the Competition Commission.</p>


Are SA retailers & suppliers hiking prices amid COVID-19 crisis?

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<p>Telkom’s share price took a knock as did MTN’s after Africa’s largest mobile operator said it would reduce the price of its monthly bundles of 1GB and below by between 25 to 50 per cent. Telkom is the only remaining listed mobile operator that has not yet responded to the Competition Commission’s recommendations to lower data prices. MTN SA CEO, Godfrey Motsa joins CNBC Africa for more.</p>


How MTN plans to cushion its customers from COVID-19

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South African mobile users have been campaigning that data must fall for almost four years now and finally the competition commission has taken action. Vodacom will be cutting data prices by over 30 per cent saving consumers a total of R2.7 billion but what about the billions Vodacom has been making in the past? CNBC Africa&#8217;s Karabo Letlhatlha spoke to Competition Commissioner, Tembinkosi Bonakele for more.</p>


Did Vodacom get away with a slap on the wrist on data prices

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CNBC Africa’s Karabo Letlhatlha spoke with Vodacom CEO, Shameel Joosub for more.</p>


Vodacom CEO on the decision to slash data prices

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On Sunday the Competition Commission extended the deadline for mobile networks to reduce data prices within the next 2 months after a report revealed that South Africa has the most expensive data prices in Africa.</p>


Spectrum wars: Telkom wants Icasa to look into the current spectrum trading deals

Spectrum wars: Telkom wants Icasa to look into current spectrum trading deals, here’s why

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<p>In December last year, a slew of recommendations were made by the competition commission for Vodacom and MTN to reduce data prices in the region of 30 to 50 per cent. James Hodge, Chief Economist at the Competition Commission argues the reforms will make the sector more competitive, reduce costs and overcome regulatory hurdles – both of which support investment in the sector. He joins CNBC Africa for more.</p>


Cutting the costs: Why lower data prices would be good for SA telecoms giants

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<p>Telkom is in agreement with the Competition Commission’s final findings on its data market inquiry, that MTN and Vodacom dominate South Africa’s market. Telkom’s obligations are different to that of MTN and Vodacom as they have 3 months to engage with the commission to discuss fixed line roaming and national roaming infrastructure adjustments. Joining CNBC Africa to unpack more is Siyabonga Mahlangu, Group Executive of Regulatory Affairs at Telkom.</p>


Telkom reacts to Commission’s findings on data prices

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<p>The Competition Commission’s data services market inquiry has found that mobile data in South African is too expensive.  MTN and Vodacom have been found to charge more for data prices in South Africa than any other country that they operate in. The commission has given service providers a two month notice to reduce its data prices or face prosecution. CNBC Africa’s Kopano Gumbi filed this report.</p>


Commission finds that data prices must fall

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<p>The Competition Commission released its final report on the Grocery Retail Market Inquiry today which followed this year’s earlier inquiry looking at allegations of restricting competitors in the grocery sector. CNBC Africa’s Kopano Gumbi attended the inquiry and spoke with Professor Halton Cheadle the Chair of Grocery Retail Market Inquiry.</p>


Competition Commission

Competition Commission launches inquiry into SA’s online market

What impact did the Competition Commission’s work have during the COVID-19 pandemic?

Competition Commission on how the pandemic impacted M&As in SA

Commissioner Tembinkosi Bonakele reflects on 2020 & looks ahead to 2021

Here’s what to expect from MultiChoice’s partnership with Netflix & Amazon

Does the Competition Competition have capacity to clamp down on COVID-19 profiteering?

28 banks accused of rand manipulation

South Africa’s Competition Commission warns of bribes, fake prices for essentials

Are SA retailers & suppliers hiking prices amid COVID-19 crisis?

How MTN plans to cushion its customers from COVID-19

Did Vodacom get away with a slap on the wrist on data prices

Vodacom CEO on the decision to slash data prices

Spectrum wars: Telkom wants Icasa to look into current spectrum trading deals, here’s why

Cutting the costs: Why lower data prices would be good for SA telecoms giants

Telkom reacts to Commission’s findings on data prices

Commission finds that data prices must fall

Competition Commission releases final grocery retail report

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Competition Commission

Competition Commission launches inquiry into SA’s online market

What impact did the Competition Commission’s work have during the COVID-19 pandemic?

Competition Commission on how the pandemic impacted M&As in SA

Commissioner Tembinkosi Bonakele reflects on 2020 & looks ahead to 2021

Here’s what to expect from MultiChoice’s partnership with Netflix & Amazon

Does the Competition Competition have capacity to clamp down on COVID-19 profiteering?

28 banks accused of rand manipulation

South Africa’s Competition Commission warns of bribes, fake prices for essentials

Are SA retailers & suppliers hiking prices amid COVID-19 crisis?

How MTN plans to cushion its customers from COVID-19

Did Vodacom get away with a slap on the wrist on data prices

Vodacom CEO on the decision to slash data prices

Spectrum wars: Telkom wants Icasa to look into current spectrum trading deals, here’s why

Cutting the costs: Why lower data prices would be good for SA telecoms giants

Telkom reacts to Commission’s findings on data prices

Commission finds that data prices must fall

Competition Commission releases final grocery retail report

News Tips

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