Wal-Mart move causes concern in SA

Name: Wal-Mart move causes concern in SA
Uploaded: 2011-05-31T19:07:15.000Z
Description: US group Walmart is set to make its mark in South Africa, after regulators approved its bid for a majority stake in one of the country's retailers.

This video can not be played

To play this video you need to enable JavaScript in your browser.

US group Wal-Mart is set to make its mark in South Africa, after regulators approved its bid for a majority stake in one of the country's retailers.

The world's biggest retailer hopes to buy 51% of Massmart, but its plans have drawn criticism from some local unions and suppliers.

Karen Allen reports from Capetown.

Business

31 May 2011