Overreach for success — has the Competition Commission gone too far?

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa Headlines News

There’s a shake-up in SA’s competition landscape, as Competition Commissioner Tembinkosi Bonakele is being replaced by Doris Tshepe. But it comes amid rumblings the watchdog body is interfering too much in commercial deals, scaring away foreign investors.

Tembinkosi Bonakele is leaving the stage as SA’s competition tsar, but that doesn’t mean his faith in the doctrine burns any less bright. His eyes light up when he gets going about the proposed deregulation of fuel, which will allow petrol stations to set their own prices.

“It will absolutely bring down the petrol price,” he tells the FM in an interview in Rosebank. “I always believed it should be deregulated. Interestingly, the industry itself doesn’t want deregulation, and normally it’s the other way around. But what you will have is competition.” ..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤔🤔🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Overreach for success — has the Competition Commission gone too far?There’s a shake-up in SA’s competition landscape, as Competition Commissioner Tembinkosi Bonakele is being replaced by Doris Tshepe. But it comes amid rumblings that the watchdog body is interfering too much in commercial deals, potentially scaring away would-be foreign investors
Source: FinancialMail - 🏆 20. / 63 Read more »

Overreach for success — has the Competition Commission gone too far?There’s a shake-up in SA’s competition landscape, as Competition Commissioner Tembinkosi Bonakele is being replaced by Doris Tshepe. But it comes amid rumblings that the watchdog body is interfering too much in commercial deals, potentially scaring away would-be foreign investors
Source: FinancialMail - 🏆 20. / 63 Read more »

Overreach for success — has the Competition Commission gone too far?There’s a shake-up in SA’s competition landscape, as Competition Commissioner Tembinkosi Bonakele is being replaced by Doris Tshepe. But it comes amid rumblings that the watchdog body is interfering too much in commercial deals, potentially scaring away would-be foreign investors Weeeh, LOL convenient timing this is... SMH!!!
Source: FinancialMail - 🏆 20. / 63 Read more »

Overreach for success — has the Competition Commission gone too far?There’s a shake-up in SA’s competition landscape, as Competition Commissioner Tembinkosi Bonakele is being replaced by Doris Tshepe. But it comes amid rumblings that the watchdog body is interfering too much in commercial deals, potentially scaring away would-be foreign investors
Source: FinancialMail - 🏆 20. / 63 Read more »

'The whole party is rotten': What you said about whether ANC is able to renew itselfIs the ANC renewing itself, or is it 'too far gone'? Saying they are renewing themselves is as genuine as a all new years resolutions. You mean well, you know where the problem is but you absolutely are incapable of helping yourself thus here you are ANC will surprise the haters come 2024. Keep On Dreaming Haters Of The African National Congress! The ANC Is Here To Stay, Just Make Friends With The Reality, Instead Of Listening To Ill-Wishers!
Source: TimesLIVE - 🏆 28. / 59 Read more »

Boy (16) drowns on school trip to St LuciaThe body of a 16-year-old boy has been recovered not far from where he went missing in the surf of Jabula beach in St Lucia, in northern KwaZulu-Natal.
Source: ecr9495 - 🏆 38. / 51 Read more »