DA disagrees with Minister’s appeal to stop the Walmart-Massmart merger.

By Lelethu Mquqo
3 August 2011


The Democratic Alliance says it does not agree with the underlying principles behind the Ministers’ appeal to stop the Walmart-Massmart merger.

Economic Development Minister Ebrahim Patel, Trade and Industry Minister Rob Davies and Agriculture Minister Tina Joemat-Pettersson held a press conference yesterday to justify their appeal of the Competition Tribunal’s ruling on the merger.

The DA’s shadow minister of economic development, Kobus Marais, says the ministers are overestimating the potential risks and are underestimating the opportunities.

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