Competition Tribunal approves PepsiCo’s US$1.7bn takeover of Poineer Foods

SOUTH AFRICA – The US$1.7bn (R25.52bn) purchase of local food company Pioneer Foods by US giant PepsiCo has been given the go-ahead by the Competition Tribunal. The deal is one of the snack-food giant’s biggest […]

Competition Commission gives nod to PepsiCo’s takeover of Pioneer Foods

SOUTH AFRICA – The Competition Commission of South Africa has recommended the Competition Tribunal give the green light to the US$1.7 billion (R25.52bn) transaction that will see Simba, a PepsiCo subsidiary take over Pioneer Foods whose […]

Competition Commission of SA orders retail chains to cease enforcing exclusivity clauses in mall leasing

SOUTH AFRICA – The Competition Commission of South Africa has recommended South African shopping centres to cease their exclusive leases with the country’s biggest supermarket chains. The move is in accordance to findings of a […]

Pick n Pay to engage competition regulator over report on market dominance

SOUTH AFRICA – South African retail chain, Pick n Pay, has said that it will continue to engage South African competition regulators to address its concerns about the retailer’s market dominance in shopping malls. This […]

South African Breweries gets nod to acquire Diageo’s Smirnoff franchise rights

SOUTH AFRICA – The Competition Commission has conditionally approved South African Breweries’ (SAB) bid to acquire franchise rights of Diageo’s Smirnoff ready-to-drink (RTD) brands in South Africa. This will see SAB, South African subsidiary world’s […]

South Africa’s packaging group Mpact to unwind Seyfert acquisition deal

SOUTH AFRICA – The Competition Commission of South AFrica has ordered packaging and recycling group Mpact to unwind its 2011 US$1.09 million partial acquisition of Seyfert Corrugated Western Cape as it reduced competition. This comes […]

Nigeria sees competition and consumer protection bill signed into law

NIGERIA – Nigeria’s President, Muhammadu Buhari, has assented to the Federal Competition and Consumer Protection Act 2019 that seeks to ensure competitive trade in the country and ensure production of quality products reports Guardian. In […]