State spends R4m contesting Walmart deal

2012-04-10 16:15

Economic Development Minister Ebrahim Patel says the government has spent about R4.1m in its challenge to Walmart's takeover of Massmart.

DA: Walmart outcome victory for the poor

2012-03-09 16:12

The Competition Appeal Court's judgment on a merger between Walmart and Massmart is a boon for all unemployed South Africans, says the DA.

Walmart gets conditional Namibia nod

2012-03-06 11:53

Walmart's takeover of Massmart was approved by the Namibian government on certain conditions, including that there be no job losses.

IMF: Walmart's SA entry was transparent

2011-11-16 15:38

Walmart's R16.5bn acquisition of Massmart has been a transparent process with all the regulatory bodies playing their parts properly, says the IMF.

Namibia to review Walmart deal

2011-11-04 15:29

A Namibian court ruling that conditions set by its regulator on Walmart's takeover of Massmart must be reviewed by the trade minister could be a blow to the R16.5bn deal.


Govt will cooperate with Walmart

2012-03-09 16:17

The government says the Walmart judgment endorsed some of its central concerns and it will give the study commissioned by the court its full cooperation.

Walmart verdict to test SA image

2012-03-08 22:00

The impending court ruling on the state's appeal against Walmart's R18bn Massmart deal will be a litmus test for SA's reputation among global investors.

Tribunal to hear six matters

2011-12-13 16:16

The Competition Tribunal will hear six cases, starting with consumer goods distributor Massmart's acquisition of the Fruitspot Group.

Walmart uses apps to target shoppers

2011-11-09 18:04

Global retailer Walmart has unveiled an iPad app and updated its iPhone one in a bid to attract more customers.

Massmart promises fund to benefit locals

2011-11-03 22:00

Massmart says a R100m fund set up as part of the terms of its takeover by Walmart will assist small manufacturers and farmers.

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