Tag: Competition Commission

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

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 & Editor of TechCentral joins CNBC Africa for more.

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

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.

28 banks accused of rand manipulation

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.

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

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.

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

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.

How MTN plans to cushion its customers from COVID-19

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.

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

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's Karabo Letlhatlha spoke to Competition Commissioner, Tembinkosi Bonakele for more.

Vodacom CEO on the decision to slash data prices

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