Tag: Competition Commission of South Africa
The Competition Commission of South Africa recently announced that South African telecoms companies MTN and Vodacom must reduce the prices of their mobile data. While consumers rejoiced at this news, critics argued that the commission had overreached. Sabelo Dlamini, Senior Research and consulting Manager at the International Data Corporation of South Africa says that he thinks the competition commission did not take the right approach to this. He joins CNBC Africa for more.
London-based Standard Chartered Bank has hit headlines this week after pleading guilty to currency manipulation which included the South African Rand, between 2007 and 2013. South Africa’s Competition Commission has acknowledged the agreement made between Standard Chartered Bank and the New York State Department of Financial Services .However they will consider the order of affairs as it relates to the forex litigation with other banks in South Africa. Sipho Ngwema, Head of Communications at the Competition Commission of South Africa joins CNBC Africa for more.
Competition Commission tackles taxi violence in Gauteng
South African competition watchdog charged Takata Corp with price fixing on Wednesday, another blow to the Japanese auto safety products maker in the throes of a massive airbag scandal. The Competition Commission said...
The price of SA’s school uniforms are being investigated, this is what is being probed