Trade, industry & competition minister Parks Tau has substantially raised the monetary thresholds at which mergers must be notified to the Competition Commission, in a move that a senior competition lawyer has said will accelerate many transactions but risks leaving fast-moving tech and artificial intelligence deals beyond the regulator’s reach.
In a notice published in the Government Gazette on 8 May, but with effect from 1 May, Tau doubled the target-firm threshold for intermediate mergers from R100-million to R200-million, while lifting the combined annual turnover or asset threshold from R600-million to R1-billion.
For large mergers, the combined threshold rises from R6.6-billion…
The Voortrekker Monument: Located in Pretoria, this monument commemorates
the Afrikaner pioneers who left the Cape Colony in the 1830s.
Cricket
Ukraine: You have two cows. One of them feeds on American grass, the other feeds on Russian grass.
Pink C
So Van is in a bar in London with a Frenchman and an Italian. They are boasting of their sexual prowess.
The Frenchman says \”When I pleasure my mistress, I tickle her nipples with a feather, and she floats an inch above the bed in bliss\”.
The Italian, not to be outdone, says \”When I make love to my girlfriend, I lick amaretto liqueur from her navel. She floats a foot above the bed in delight\”.
Van says \”Ya, well, er… When I screw my wife, I wipe my dick on the curtains afterwards, and let me tell you man, she hits the fuckin\’ roof!\”