Massmart The Men in Black
Economic Development Minister, the economically-bearded Ebrahim Patel, has convened a panel to advise the government on the likely implications of Walmart’s bid to buy a majority stake in Massmart. The panel will identify the policy issues, speak to a wide range of stakeholders, including retailers, manufacturers and trade unionists, and will focus on issues of economic development, like how many jobs will be created by the deal, or otherwise, as the case may be. SACCAWU, in the meantime, has indicated that it could go on strike should the deal go ahead, and has handed the unflappable Mr Pattison a list of demands, including that all existing conditions and agreements remain in place after the dotted line has been signed.
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