South Africa: Union appeals Wal-Mart decision

The South African Commercial Catering and Allied Workers' Union (Saccawu) has filed an appeal against the Competition Tribunal's decision to allow Walmart to acquire a controlling stake in Massmart. The Competition Tribunal was due to give reasons on Wednesday for its decision to allow US giant retailer Walmart to acquire 51 per cent of local retailer Massmart in a R16.5-billion deal.