The move may provide a short-term economic boost, but it also has long-term health costs
South African retailers can help to improve food security – but smallholder farmers need to play a key role.
Massmart Holdings CEO says the South African retailer majority owned by Walmart plans to open 23 new stores in the next eight months.
The Competition Tribunal has criticised the government’s call for procurement quotas to apply to the Walmart-Massmart merger.
Saccawu might appeal against the Competition Tribunal’s approval of Walmart’s 51% acquisition of Massmart, it has said.
The government’s local procurement conditions could be in defiance of its WTO commitments.