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Weekly Media Statement For Immediate Release LATEST ...

Weekly Media Statement For Immediate Release 29 October 2018. LATEST DECISIONS BY THE COMPETITION COMMISSION. 1. Key decisions on mergers and acquisitions Nomzamo Fishing (Pty) Ltd (Nomzamo) v Pioneer Fishing (East Coast) (Pty) Ltd (Pioneer Fishing EC), Saco Fishing (Pty) Ltd (Saco), Eyethu Fishing (Pty) Ltd (Eyethu). The Commission has approved the merger without conditions whereby Nomzamo intends to acquire Pioneer Fishing EC, Saco and Eyethu. Nomzamo is controlled by African Pioneer Marines (Pty) Ltd (APM). APM was formed with the aim of participating in the Government's Broad Based Black Economic Empowerment policy in south Africa, and in 1999 AP Group ventured into the commercial fishing industry through APM by acquiring a non- controlling interest in Pioneer Fishing (an investment holding company whose subsidiaries are active in the procurement, catching, processing and marketing of pelagic fish (pilchards and anchovy), hake, squid, horse mackerel, sole and tuna).

6 accounts, goal saving, unsecured term loan, credit card and TYME Connect. CBSA and TTS currently have a banking licence issued by the South African Reserve …

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