Transactions & Deals in South Africa

Essentials guide · Source-checked research100% of statements checked against a source54 checked against an official source0 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed

• A merger is intermediate, and must be notified to the Competition Commission, where combined turnover or assets are at least R1 billion and the target's turnover or assets are at least R200 million.

  Thresholds effective from 1 May 2026.Competition Commission South Africa · checked 2026-10-19

• A merger is large where combined turnover or assets are at least R9.5 billion and the target's turnover or assets are at least R280 million.

  Thresholds effective from 1 May 2026.Competition Commission South Africa · checked 2026-10-19

• Small mergers need not be notified, but parties may notify voluntarily and the Commission may require notification within six months after implementation.

  Competition Act, 1998, section 13(2) and (3); the Commission has published guidelines on small merger notification.Competition Commission South Africa · checked 2026-10-19

• Public companies, state-owned companies and private companies that have transferred more than 10 percent of their securities within the previous 24 months are 'affected' companies under the Takeover Regulations, as are their subsidiaries.

  Companies Act, 71 of 2008; the Takeover Regulation Panel regulates affected transactions.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19

Read the full guide: M&A, competition and restructuring