South Africa Case Law

Capital Newspapers (Pty) Ltd and Another v Media 24 Holding Ltd and Others (259/CAC/Oct24)

Capital Newspapers (Pty) Ltd and Another v Media 24 Holding Ltd and Others (259/CAC/Oct24) [2024] ZACAC 5 (24 December 2024)

Court

Competition Appeal Court

Case number

259/CAC/Oct24

Judges

Davis AJA, Nuku JA, Siwendu AJA

The Court found that the notified transaction reviewed by the Competition Commission was limited to the sale of On the Dot and certain community newspapers, and did not encompass the migration of other print titles to digital platforms. The migration decision was a separate commercial decision by Media 24, prompted by market dynamics and declining print circulation, and did not involve a change of control as required by the Competition Act for a merger. The applicants failed to establish a sufficiently close link between the migration and the notified merger to justify treating them as a comp…

Source excerpt

• Merger Control
• Public Interest In Mergers
• Freedom Of Expression
• Change Of Control
• Competition Act Interpretation
• Constitutional Rights In Merger Review

Genorah Resources (Pty) Ltd v Nkwe Platinum Limited and Others (2020/40523)

Genorah Resources (Pty) Ltd v Nkwe Platinum Limited and Others (2020/40523) [2024] ZAGPPHC 159 (30 January 2024)

Court

North Gauteng High Court, Pretoria

Case number

2020/40523

Judge

Mokose

The High Court held that the amalgamation triggered section 11 of the MPRDA, required ministerial consent, and caused the mining right share to lapse under section 56.

• Mineral And Petroleum Resources Development Act
• Transfer Of Mining Rights
• Change Of Control
• Foreign Company Amalgamation
• Interdictory Relief
• Locus Standi

Kalander Kapitaal (Pty) Ltd and Another v Limietberg Sekuriteit (Pty) Ltd and Another (LM193Feb21)

Kalander Kapitaal (Pty) Ltd and Another v Limietberg Sekuriteit (Pty) Ltd and Another (LM193Feb21) [2021] ZACT 24 (10 March 2021)

Court

Competition Tribunal

Case number

LM193Feb21

Judges

E Daniels, M Mazwai, Y Carrim

The Competition Tribunal unconditionally approved an internal restructuring merger involving Kalander Kapitaal, Fynbos Kapitaal, Limietberg Sekuriteit and Newco.

• Large Merger
• Change Of Control
• Public Interest
• Horizontal And Vertical Overlap
• Employment Effects
• Competition-law

Lesedi Africa Productions CC v Independent Communications Authority of South Africa and Another (9047/2020)

Lesedi Africa Productions CC v Independent Communications Authority of South Africa and Another (9047/2020) [2020] ZAGPPHC 476 (4 September 2020)

Court

North Gauteng High Court, Pretoria

Case number

9047/2020

Judge

Fabricius

The High Court dismissed a review of ICASA and its Complaints and Compliance Committee, holding that the applicant’s change in close corporation membership had not lawfully taken effect.

• Promotion Of Administrative Justice Act
• Electronic Communications Act
• Transfer Of Licence
• Change Of Control
• Close Corporation Formalities
• Administrative-law

Nkholi Consolidated Investments (Pty) Ltd, Kuchuma Capital (Pty) Ltd and Zolospan (Pty) Ltd v Legae Peresec Holdings (Pty) Ltd, Peregrine Securities (Pty) Ltd, Peregrine Fund Platform (Pty) Ltd and Mainstreet 749 (Pty) Ltd (LM210Nov18)

Nkholi Consolidated Investments (Pty) Ltd, Kuchuma Capital (Pty) Ltd and Zolospan (Pty) Ltd v Legae Peresec Holdings (Pty) Ltd, Peregrine Securities (Pty) Ltd, Peregrine Fund Platform (Pty) Ltd and Mainstreet 749 (Pty) Ltd (LM210Nov18) [2019] ZACT 9 (11 February 2019)

Court

Competition Tribunal

Case number

LM210Nov18

Judges

Yasmin Carrim, Mondo Mazwai, lmraan Valodia

The Competition Tribunal unconditionally approved a management buy-out and restructuring of securities businesses, finding no substantial competition or public interest concerns.

• Merger Control
• Change Of Control
• Market Share Analysis
• Public Interest
• Management Buy Out
• Merger-control

Philafrica Foods (Pty) Ltd v Zutco (Pty) Ltd - Heilbron - Free State, Pakworks (Pty) Ltd - Heilbron - Free State (LM289Feb18)

Philafrica Foods (Pty) Ltd v Zutco (Pty) Ltd - Heilbron - Free State, Pakworks (Pty) Ltd - Heilbron - Free State (LM289Feb18) [2018] ZACT 32 (10 July 2018)

Court

Competition Tribunal

Case number

LM289Feb18

Judges

Mondo Mazwai, Medi Mokuena, Fiona Tregenna

The Tribunal unconditionally approved Philafrica Foods’ acquisition of Zutco and Pakworks, finding no likely foreclosure, harmful information sharing, or public interest concerns.

• Merger Control
• Vertical Relationships
• Foreclosure
• Information Sharing
• Public Interest
• Change Of Control

Ethos Private Equity Fund VI v RTT Holdings (Pty) Ltd (LM250Dec17)

Ethos Private Equity Fund VI v RTT Holdings (Pty) Ltd (LM250Dec17) [2018] ZACT 7 (6 February 2018)

Court

Competition Tribunal

Case number

LM250Dec17

Judges

Norman Manoim, Andreas Wessels, Imraan Valodia

The Competition Tribunal unconditionally approved Ethos Private Equity Fund VI’s acquisition of sole control over RTT Holdings after finding no competition or public interest concerns.

• Merger Control
• Change Of Control
• Public Interest
• Employment Effects
• Merger-control
• Change-of-control

Business Venture Investments No. 2032 v Waco International Holdings (Pty) Ltd (LM252Dec17)

Business Venture Investments No. 2032 v Waco International Holdings (Pty) Ltd (LM252Dec17) [2018] ZACT 2 (26 January 2018)

Court

Competition Tribunal

Case number

LM252Dec17

Judges

Norman Manoim, AW Wessels, lmraan Valodia

The Competition Tribunal approved Business Venture Investments’ acquisition of Waco International Holdings without conditions, finding no substantial competition or public interest concerns.

• Merger Control
• Public Interest
• Change Of Control
• Horizontal Overlap
• Merger-control
• Public-interest

S.O.S Support Public Broadcasting Coalition and Others v South African Broadcasting Corporation (Soc) Limited and Others (140/CAC/Mar16)

S.O.S Support Public Broadcasting Coalition and Others v South African Broadcasting Corporation (Soc) Limited and Others (140/CAC/Mar16) [2017] ZACAC 2; [2017] 1 CPLR 65 (CAC) (28 April 2017)

Court

Competition Appeal Court

Case number

140/CAC/Mar16

Judges

D M Davis, Rogers, Victor

The court dismissed an application to expand a prior order. It held the Competition Commission’s remit was limited to documents and did not include s 49A investigative powers.

• Merger Notification
• Change Of Control
• Powers Of Competition Commission
• Court Order Interpretation
• Document Disclosure
• Court-order-interpretation

Cullinan Hotel (Pty) Ltd v The Businesses and underlying Properties of The Sandton Sun, The Intercontinental Sandton Towers, The Garden Court Sandton City; The Sandton Convention Centre Property; And The Rental Enterprises Convention Centre And Virgin Active (LM110Sep16)

Cullinan Hotel (Pty) Ltd v The Businesses and underlying Properties of The Sandton Sun, The Intercontinental Sandton Towers, The Garden Court Sandton City; The Sandton Convention Centre Property; And The Rental Enterprises Convention Centre And Virgin Active (LM110Sep16) [2016] ZACT 101; [2017] 1 CPLR 405 (CT) (7 December 2016)

Court

Competition Tribunal

Case number

LM110Sep16

Judges

Norman Manoim, Yasmin Carrim, Medi Mokuena

The Tribunal approved Cullinan Hotel’s acquisition of several Sandton hotel and property interests without conditions, finding no substantial lessening of competition.

• Large Merger
• Market Share Analysis
• Public Interest
• Hotel Accommodation Market
• Change Of Control
• Large-merger