The regulator said the acquisition by Goat Wholesale is unlikely to substantially lessen or prevent competition in any market.
South Africa’s Competition Commission has approved the proposed acquisition of Randridge Mall in Johannesburg by Goat Wholesale from Emira Property, clearing the way for the sale of the shopping centre.
The Commission announced its decision on Thursday, August 27, 2026, concluding that the transaction was unlikely to have a significant negative impact on competition in the market for retail space in the area.
“The Commission is of the view that the proposed transaction is unlikely to substantially lessen or prevent competition in any market,”
it said.
Goat Wholesale, the primary acquiring company, is ultimately controlled by a trust that is active in South Africa’s property sector. The acquiring group already owns one community shopping centre within 15km of Randridge Mall.
Despite this overlap, the Commission found that the deal would not materially weaken competition. The regulator also approved the transaction subject to measures aimed at addressing public-interest concerns, including an undertaking by the parties to procure certain services from historically disadvantaged persons.
Randridge Mall, located in Randridge Park, Johannesburg, has more than 80 stores, including Woolworths, Pick n Pay and Dis-Chem. The shopping centre has around 22,300 square metres of lettable retail space and an occupancy rate of about 94%.
The mall is owned by Emira Property, a Johannesburg Stock Exchange-listed real estate investment trust with a portfolio of 52 properties across South Africa and the United States. Eight of its properties are retail centres.
The Competition Commission reviews mergers and acquisitions to assess their potential impact on competition and the public interest. Its approval is required for transactions that exceed certain regulatory thresholds.
Source: Business Tech
