Pharmacy and retail giant Dis-Chem is facing a dual threat to its growth ambitions: a critical shortage of suitable retail space. Additionally, the company disclosed in its latest annual report that there is intensifying competition across the healthcare and consumer sectors. The group identified the limited availability of profitable locations as a key risk to its core expansion strategy. This…
Tag: competition
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Competition Commission probes insulin price fixing
The Competition Commission in South Africa has launched a formal investigation into leading insulin manufacturers Novo Nordisk and Sanofi Aventis following serious allegations of anti-competitive conduct. The inquiry was initiated after health activists complained about Novo Nordisk’s decision to cease supplying human insulin pens to the country’s Health Department in 2024. This move has forced thousands of diabetic patients to…