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Recent reports indicate that South Africa’s regulatory body responsible for overseeing mergers and acquisitions (M&A) has been experiencing significant staffing challenges, which are affecting its ability to make timely decisions on high-stakes deals. According to a source article, the South Africa Competition Tribunal currently operates with just six members, despite having the legal capacity to employ up to 15. This shortage is exacerbated by the fact that four of these members only serve part-time. The implications are particularly pressing for major corporate transactions that hinge on regulatory approvals.
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