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<p>The Competition Commission released findings of its Health Market Inquiry which uncovered problems with South Africa’s private medical aid schemes and hospitals. Joining CNBC Africa for more is Dr Lungi Nyathi the Executive Director for Health Management at AfroCentric.</p>


AfroCentric reacts to Health Market Inquiry report

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<p>The local telecoms sector has been under the scrutiny of the Competition Commission&#8217;s Data Market Inquiry for two years now. All involved parties had until today to make submissions on the conclusion that prices are just too high. The commission even went as far as to describe the market as &#8220;anti-poor&#8221;. Joining CNBC Africa for more is Professor Adre Schreuder, Chief Visionary Officer at Consulta and the founder of a study into SA consumerism and Thecla Mbongue, Senior Research Analyst, for Middle East and Africa at Ovum.</p>


Competition Commission: SA needs lower prices in prepaid data market

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<p>The Competition Commission conducted an inquiry into the grocery retail market following allegations that there are features in the grocery retail sector that could be restricting smaller competitors. CNBC Africa reporter Yolanda Mabanga spoke to Lulama Mtanga, Panel Member at the Grocery Retail Market Inquiry.</p>


Competition Commission raises concerns over retail grocery sector

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<p>The Competition Amendment Act was signed into law in February this year and is expected to be gazetted soon after president Ramaphosa&#8217;s inauguration, but what will this new act mean for companies, especially small and medium enterprises? Chief Economist at the Competition Commission, James Hodge spoke to CNBC Africa’s Kopano Gumbi.</p>


Competition Commission: New competition law good for small business

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<p>The Competition Commission report into the high cost of data has named the South African mobile heavyweights for exploiting consumers. The report found that Vodacom and MTN were charging far more for data in South Africa than any other countries that they operate in. Both MTN and Telkom share prices were under pressure. James Hodge a Chief Economist at the Competition Commission joins CNBC Africa for more.</p>


Competition watchdog slams Vodacom, MTN for high data costs

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<p>Tony Walt, Chief Solutions and Operations Officer at Internet Solutions shares his insights into what measures the South African government should take to bring down high data costs.</p>


Internet Solutions’ Tony Walt on how to bring down SA’s high data costs

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<p>The Competition Commission&#8217;s inquiry into high data prices has left the telecoms sector at odds with various state entities. Submissions from various Mobile service providers are stubborn in saying that data prices in South Africa are competitive and that rates cannot be lowered due to cost factors.</p>


ANC outlines its position on data costs in SA

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<p>Vodacom CEO Shameel outlines measures that South Africa should take to drive down data costs.</p>


Here’s what SA should do to bring down data prices

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<p>The Competition Commission has found that South Africans are paying too much for private healthcare, adding that patients are sometimes prescribed treatments they don&#8217;t need by an industry with limited competition. Joining CNBC Africa for more is Chris Charter, Director and National Head, Cliffe Dekker Hofmeyr.</p>


Competition Commission: South Africans are paying too much for private healthcare

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<p>The tug-of-war between Murray and Roberts and Aton over the acquisition of Aveng continues as the battle it out at the Competition Commission. CNBC Africa&#8217;s Rofhiwa Madzena filed this report.</p>


Aton’s bid to dismiss M&R interdict denied

<p>BEIJING, Jan 11 (Reuters) &#8211; South Africa will stick with China’s Sinopec Corp as the preferred contender to buy Chevron’s assets in South Africa and Botswana after it made a fresh commitment to future investments in the country, the Chinese oil major said on Thursday.</p>
<p>State-owned Sinopec is competing for the assets with commodities trader and miner Glencore, which swooped in last October with a $973 million bid following delays to Sinopec’s original agreement.</p>
<p>Asia’s largest refiner said in a statement that South Africa’s Competition Commission had recommended transaction with Sinopec be approved with certain conditions.</p>
<p>“As part of the approval process, Sinopec has engaged in substantive and constructive discussions with the Economic Development Department to ensure that its strategy in South Africa is aligned with the EDD’s policy on industrial and economic development,” Sinopec said.</p>
<p>Chevron has a 75 percent stake in the assets, which include a 100,000 barrel-per-day oil refinery in Cape Town, a lubricants plant in Durban and 820 petrol stations and other oil storage facilities. It also includes 220 convenience stores across South Africa and Botswana.</p>
<p>Glencore stepped in after local shareholders, who hold the remaining 25 percent, exercised pre-emption rights following delays to the Sinopec deal.</p>
<p>“Sinopec was thrown into a confusion after local shareholders exercised preemptive rights &#8230; but then the company was advised by the government to proceed with regulatory procedures,” said a Beijing-based source with direct knowledge of the matter.</p>
<p>A final decision from the Competition Tribunal was expected in March or April, the source said.</p>
<p>Sinopec has given additional commitments to the government, including investments over five years post acquisition to upgrade the Cape Town refinery into a world-class plant.</p>
<p>The Chinese firm also pledged to develop the fuel marketing business by introducing small and black-owned business as fuel retailers.</p>
<p>“The South African competition committee was convinced that Sinopec has the solid industry expertise equipped with state-of-art refining technology, as well as financial power,” said the source.</p>
<p>Sinopec said it will also establish a development fund targetted at small and black-owned businesses thus increasing the level of local procurement of goods and services.</p>
<p>Glencore’s bid was aimed at securing the trader its first refining asset since it ventured into downstream investments.</p>
<p>The remaining 25 percent stake will stay with a consortium of Black Economic Empowerment shareholders and an employee trust.</p>
<p>Winning the deal would mark a second major refinery investment for Sinopec as the state oil major looks to expand overseas amid a saturated domestic market. Sinopec owns a stake in the Yanbu refinery in Saudi Arabia controlled by Saudi Aramco. (Reporting by Chen Aizhu; editing by Richard Pullin)</p>


SA sticks with China’s Sinopec as preferred contender for Chevron SA, Botswana assets

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<p>The Competition Commission has decided to drop the investigation against Aspen and Equity because an excessive pricing case cannot be sustained against them.</p>


Competition Commission drops case against Aspen, Equity

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<p>Everyone that believes data must fall now has the opportunity to state their case to government. Yesterday, the Competition Commission invited all consumers and businesses to make their submission formally.</p>


SA’s Competition Commission to probe high cost of data

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<p>The Competition Commission&#8217;s has charged Beefcor and Cape Fruit Processors with division of markets by allocating customers in contravention of the Competition Act.</p>


Beefcor, Cape Fruit Processors charged for anti-competitive behaviour

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<p>Global competition experts are currently in South Africa for the annual competition policy conference which kicked off this morning in Johannesburg.</p>


Competition Commission gives update on banks collusion case

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<p>Two laptops have been stolen from the office of the Competition Commission last Tuesday, from the division that investigates cartel conduct. For more CNBC Africa is joined by Sipho Ngwema, Head of Communications at the Competition Commission.</p>


Laptops stolen from Competition Commission offices

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<p>The Competition Commission recently launched a market inquiry into the public passenger transport sector following numerous complaints relating to public transport in the country.</p>


Competition Commission

AfroCentric reacts to Health Market Inquiry report

Competition Commission: SA needs lower prices in prepaid data market

Competition Commission raises concerns over retail grocery sector

Competition Commission: New competition law good for small business

Competition watchdog slams Vodacom, MTN for high data costs

Internet Solutions’ Tony Walt on how to bring down SA’s high data costs

ANC outlines its position on data costs in SA

Here’s what SA should do to bring down data prices

Competition Commission: South Africans are paying too much for private healthcare

Aton’s bid to dismiss M&R interdict denied

SA sticks with China’s Sinopec as preferred contender for Chevron SA, Botswana assets

Competition Commission drops case against Aspen, Equity

SA’s Competition Commission to probe high cost of data

Beefcor, Cape Fruit Processors charged for anti-competitive behaviour

Competition Commission gives update on banks collusion case

Laptops stolen from Competition Commission offices

Competition Commission launches inquiry into public transport sector

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Competition Commission

AfroCentric reacts to Health Market Inquiry report

Competition Commission: SA needs lower prices in prepaid data market

Competition Commission raises concerns over retail grocery sector

Competition Commission: New competition law good for small business

Competition watchdog slams Vodacom, MTN for high data costs

Internet Solutions’ Tony Walt on how to bring down SA’s high data costs

ANC outlines its position on data costs in SA

Here’s what SA should do to bring down data prices

Competition Commission: South Africans are paying too much for private healthcare

Aton’s bid to dismiss M&R interdict denied

SA sticks with China’s Sinopec as preferred contender for Chevron SA, Botswana assets

Competition Commission drops case against Aspen, Equity

SA’s Competition Commission to probe high cost of data

Beefcor, Cape Fruit Processors charged for anti-competitive behaviour

Competition Commission gives update on banks collusion case

Laptops stolen from Competition Commission offices

Competition Commission launches inquiry into public transport sector

News Tips

Advertise With Us

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