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.
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.
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 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.
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.
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.
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.
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.