Public Competition Tribunal hearings into the acquisition of beauty salon franchisor Sorbet by Clicks heard on Wednesday that pharmacy giant had no interest in spending R105 million on a chain that isn't successful.
Pharmacy group Clicks wants to buy a remaining 75% stake in Sorbet Holdings from Old Mutual Private Equity, which will secure the beauty chain's products in its stores.
Africa is unique. While rich in energy generating natural resources, energy poverty remains a challenge, with more than 600 million people living without access to electricity.