Africa’s two largest retailers – Shoprite and Pick ’n Pay – have said they have nothing to hide about their supplier relationships and would welcome an investigation by the Competition Commission.
The National Agriculture Marketing Council is expected to recommend an investigation into retailers’ “dominating” role with South Africa’s food producers.
Shoprite chief executive Whitey Basson said an inquiry would lay suspicions to rest while Pick ’n Pay, was equally bullish.
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