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South Africa plans M&A rule changes that could ease red tape | SA News

South Africa plans changes to antitrust rules on reporting mergers that could ease the cost of doing business for some firms.

The Department of Trade Industry and Competition proposes raising the lower threshold — or the minimum size at which mergers need to be reported to antitrust authorities — to R1 billion ($62 million) of combined annual turnover or assets from R600 million currently, it said in draft rules published for comment Tuesday.

It also plans to increase the notification trigger for the target business’s turnover or assets by 75% to R175 million.

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Renewable Resources: The country is investing in renewable energy sources, such
as solar and wind, to diversify its energy mix and reduce carbon emissions.

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