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'0002016/172015/162014/152013/14
 
AUDIT OUTCOMEClean AuditFinancially UnqualifiedClean AuditFinancially Unqualified
 
FINANCIAL POSITION
Current Assetsn/a273 860145 938112 168
Non-Current Assetsn/a13 01811 1324 325
Total Assetsn/a273 860145 938116 493
Current Liabilitiesn/a161 14931 98930 704
Non-Current Liabilitiesn/a74109602
Total Liabilitiesn/a161 22332 09831 306
Total Net Assetsn/a112 637113 84085 187
 
FINANCIAL PERFORMANCE
Total Revenuen/a295 299248 381226 831
Revenue from Exchange Transactionsn/a67 21260 25449 943
Revenue from Non-Exchange Transactionsn/a228 087188 127176 888
Total Expendituren/a(296 458)(223 316)(198 841)
Employee Costsn/a(155 718)(140 111)(121 468)
Surplus/(Deficit) for Yearn/a(1 202)25 03427 906
 
CASH FLOW
Net Cash Flows from Operating Activitiesn/a42 74729 11420 688
Net Cash Flows from Investing Activitiesn/a(3 236)(5 295)(1 045)
Cash & Cash Equivalents at End of Yearn/a171 024132 102110 567
 
UIFW EXPENDITURE
Unauthorised Expendituren/a---
Irregular Expendituren/a1 7211686 763
Fruitless & Wasteful Expendituren/a23--
 
HUMAN RESOURCES
Posts Approvedn/an/an/an/a
Posts Filledn/a197186n/a
 
Sources n/a Annual ReportAnnual ReportAnnual Report

Overseeing Department/Entity

Annual Reports


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