New Competition Commissioner Tshepe acknowledges urgency of economic crisis
Newly appointed Competition Commission Commissioner Doris Tshepe has stressed that the Commission did not have ten years to set precedents on new amendments to the Competition Act.
“There is an urgency. We are in a crisis. Our economy is in crisis and in order to achieve desirable outcomes, we are going to have to work a bit faster,” she said.
Tshepe commended the work of the commission and the contribution that the economic regulator had previously made to advancing competition regulations that promote positive economic changes.
Speaking during a question-and-answer session with retired Competition Appeal Court Judge Dennis Davis on September 1, the final day of the sixteenth Annual Competition Law, Economics and Policy Conference, held in Sandton, Tshepe said she was excited to take up the new position and would implore the commission to push boundaries and be innovative.
“What the commission did, together with the Competition Tribunal and the Competition Appeal Court, during the Covid-19 crisis, was to show that there is capacity to find and deal with matters as efficiently as possible. We could learn and use those lessons to try and implement the amendments [to the Competition Act],” Tshepe said.
She was part of an expert panel that advised the Department of Trade, Industry and Competition on the amendments to the Competition Act, which was signed into law in 2019.
“It is ironic that I now have to come and implement them. What the amendments represent is a clear mandate on what my role should be at the commission,” she said.
Tshepe takes over from outgoing Competition Commissioner Tembinkosi Bonakele, who held the position since 2013.
Comments
Latest Multimedia
Latest News
Showroom
Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...
VISIT SHOWROOM
Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
