Friday, July 22, 2011

Economists issue warning over Massmart deal hearings

Lusanda Bill
22 July 2011


An economist has warned that Cabinet is putting South Africa’s foreign investment image in serious danger.

This follows the holding of public hearings into the Walmart-Massmart deal.

Government has lodged an application aimed at reassessing the Competition Tribunal’s approval of the merger, pointing to flaws in the relevant documentation.

Efficient group economist, Dawie Roodt says politicians are making a huge mistake

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