Competition Commission

Contact Details

Physical: The dti Campus, Mulayo (Block C), 77 Meintjies Street, Sunnyside, Pretoria
Postal: Private Bag X23, Lynwood Ridge, 0040
Tel: 012 394 3200/3320
Fax: 012 394 0166
Web:

Overview

The Competition Commission is empowered by the Competition Act to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy.

Its purpose is to promote and maintain competition in South Africa in order to: promote the efficiency, adaptability and development of the economy; provide consumers with competitive prices and product choices; promote employment and advance the social and economic welfare of South Africans; expand opportunities for South African participation in world markets and recognise the role of foreign competition in the country; ensure that small- and medium-sized enterprises have an equitable opportunity to participate in the economy; and promote a greater spread of ownership, in particular to increase the ownership stakes of historically disadvantaged persons.

To achieve its purpose, the Commission's core functions are the following: implement measures to increase market transparency; implement measures to develop public awareness of the provisions of the Act; investigate and evaluate alleged anti-competitive conduct; conduct formal inquiry in respect of the general state of competition in a market; grant or refuse applications for exemption from the application of the Act; authorise, with or without conditions, prohibit or refer mergers of which it receives notice; negotiate and conclude consent orders; refer matters to the Competition Tribunal of South Africa (the Tribunal) and appear before the Tribunal when required; negotiate agreements with any regulatory authority to coordinate and harmonise the exercise of jurisdiction over competition matters within the relevant industry or sector, and ensure the consistent application of the principles of the Act; participate in the proceedings of any regulatory authority; advise and receive advice from any regulatory authority; review legislation and public regulations, and report to the Minister concerning any provision that permits uncompetitive behaviour; and deal with any other matter referred to it by the Tribunal.

Office Bearers/Management

Commissioner
Mr T Bonakele

Commissioner:
Mr Tembinkosi Bonakele
Deputy Commissioner:
Mr Hardin Ratshisusu
Chief Financial Officer:
Mr Molatlhegi Kgauwe
Senior Management:
Mr Andile Gwabeni (Divisional Manager: Corporate Services)
Ms Alexandra Kuhn (Divisional Manager: Office of the Commissioner)
Ms Lebohang Mabidikane (Acting Divisional Manager: Mergers and Acquisitions)
Mr Makgale Mahlala (Divisional Manager: Cartels)
Mr Bukhosibakhe Majenge (Chief Legal Counsel and Divisional Manager: Legal Services)
Dr Liberty Mncube (Chief Economist and Divisional Manager: Policy and Research)
Mr Mduduzi Msibi (Company Secretary)
Ms Nompumelelo Nkabinde (Chief Human Resources Officer)
Ms Nompucuko Nontombana (Divisional Manager: Market Conduct)
Ms Khanyisa Qobo (Divisional Manager: Advocacy)
Communications Officers:
Mr Sipho Ngwema (Head: Communications)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEFinancially UnqualifiedClean AuditFinancially UnqualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets273 860145 938112 16892 183
Non-Current Assets13 01811 1324 3255 602
Total Assets273 860145 938116 49397 785
Current Liabilities161 14931 98930 70439 255
Non-Current Liabilities741096021 249
Total Liabilities161 22332 09831 30640 504
Total Net Assets112 637113 84085 18757 281
 
FINANCIAL PERFORMANCE
Total Revenue295 299248 381226 831202 788
Revenue from Exchange Transactions67 21260 25449 94345 577
Revenue from Non-Exchange Transactions228 087188 127176 888157 211
Total Expenditure(296 458)(223 316)(198 841)(174 833)
Employee Costs(155 718)(140 111)(121 468)(112 277)
Surplus/(Deficit) for Year(1 202)25 03427 90627 873
 
CASH FLOW
Net Cash Flows from Operating Activities42 74729 11420 68812 245
Net Cash Flows from Investing Activities(3 236)(5 295)(1 045)(2 927)
Cash & Cash Equivalents at End of Year171 024132 102110 56791 653
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure1 7211686 76330 643
Fruitless & Wasteful Expenditure23--227
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filled197186n/an/a
 
SourcesAnnual ReportAnnual ReportAnnual Report n/a

Overseeing Department/Entity

Annual Reports


The information in this directory is supplied and/or externally sourced and is also subject to continual change. If you notice any errors or omissions, please contact us at info@nationalgovernment.co.za so that we can correct them.
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