Conditional approval for casinos� merger

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The Competition Authority (CA) has put measures in place to ensure that a position of dominance is not created or strengthened in the casino and gaming market, due to the acquisition of Peermont Group by Sun International.

In a merger decision notice released on Friday, the CA said they decided to authorise the proposed acquisition transaction on condition that the global and gaming giants will not be involved in mapping business strategy for the local casino operations.   

The CEO of CA, Thula Kaira explained that the Authority had made conclusive analysis.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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