The company has not proved to be the hungry giant the competition had feared and it will take more time to feel Walmart's muscle.
Fund managers are divided over South African retail shares, which have outperformed resources by 20%.
Transaction Capital's new chief has brought into play many of the skills he learned at Massmart.
According to reports, a US union paid legal fees for a local union to fight US retail giant Walmart's acquisition of local retailer Massmart.
The government's interference in the Walmart merger with Massmart will jeopardise future foreign investment, says the Inkatha Freedom Party.
The government has roundly welcomed the ruling on the Walmart/Massmart merger and appears unlikely, at present, to take the matter to court.
Namibia's trade and industry minister is giving Walmart's Massmart takeover the nod, provided it does not cut job within the first two years.
Africa's largest food retailer has reported a healthy rise in first-half profits, which they have partly attributed to higher prices and better wages.
Finance Minister Pravin Gordhan says there will be more certainty about foreign direct investment in South Africa within the next year.
The Supreme Court of Namibia has backed the decision by competition authorities to impose conditions on Walmart's purchase of SA retailer Massmart.
The Shoprite Group continues to lead the pack but the other retailers are pulling out all the stops.
Saccawu says Walmart could pursue its "anti-union philosophy" if its merger with local retailer Massmart goes ahead in its current form.
The appeal for a review of the merger between US retailer Walmart and local company Massmart is groundless, say counsel for the merging firms.
Blame for the high cost of filling one's trolley cannot be laid at the retailers' door
The state is set to appeal for a review of the Massmart-Walmart merger today, arguing the deal will have a potentially devastating effect on jobs.
Cosatu and Saccawu have announced their intention to embark on "mass pickets" at the Walmart-Massmart appeal hearing in Cape Town this week.
Perspectives on the desirability of Walmart's entry into South Africa continue to differ wildly.
Massmart and the South African Bureau of Standards have signed an agreement to help small businesses improve their product quality.
Saccawu wants Walmart and Massmart to increase their planned fund to support SA suppliers from R100-million to at least R500-million.
Walmart's SA unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share, its CEO has said.