The Centre for Competition, Regulation and Economic Development (CCRED) in the Faculty of Economic and Financial Sciences was established in 2011 at the University of Johannesburg. CCRED was initially known as CCE, and was the first of its kind in South Africa. Initially it aimed to meet the needs for improved research and teaching in the rapidly growing area of competition economics. However, the Centre’s scope has broadened to include not only competition economics, but also analysis of economic regulation and economic development. The Centre is currently running a Regulatory Entities Capacity Building Project. CCRED is headed by Professor Simon Roberts and includes a number of lecturers and associates who are experienced competition economists working in academia, for the competition authorities, and for leading consultancies.
Since the South African Competition Act came into force in 1999 the field of competition economics has expanded rapidly to be a major area of applied economic analysis and competition cases often turn on the testimony of expert economists. Competition economics is a fundamental issue in understanding and analysing regulation and economic development in an economy; hence the expansion in the study and research of these areas. However, the development of competition economics along with regulatory expertise in South African universities has lagged the needs in terms of both teaching and research.
In the area of teaching, associates of CCRED offer a dedicated competition economics Masters elective, teach components of postgraduate microeconomics courses, and supervise dissertations in the area of competition economics. Short courses are also offered, facilitated by both local and international practitioners and academics.
In research, CCRED provides a base for various research activities including running a working paper series, designed to be a central location for research output in the field in South Africa. Associates of the Centre have published more than 10 articles in the past two years. The Centre has co-hosted the Annual Competition Law, Economics and Policy Conferences from 2011 to 2013 and undertaken major projects.
CCRED is guided by a governing board chaired by Professor Lumengo Bonga-Bonga, Head of the Department of Economics and Econometrics at the University of Johannesburg.
The Centre for Competition, Regulation and Economic Development (CCRED) invites you to a Public Platform on 'Ownership, control and investment in South Africa – 23 years on'.
The Centre for Competition, Regulation and Economic Development (CCRED) invites you to the Africa Day Public Platform on 'Industrialisation and competition in Southern Africa'
The public lecture will be presented by Prof. Massimo Motta (Barcelona GSE). The lecture would be on the Standards for Merger Review focusing on Key Insights from European Cases.
The Centre for Competition, Regulation and Economic Development in partnership with the International Fund for Agricultural Development (IFAD) invites you to a public platform on 'Insurance as a means of managing climate variability and volatility.'
The Centre for Competition, Regulation and Economic Development (CCRED), in partnership with International Fund for Agricultural Development (IFAD), has the pleasure of inviting you to a seminar on 'Investing in food production and agro-processing - the role of regional value chains'.
You are invited to attend a workshop on Transforming Agricultural Markets that is co-hosted by National Treasury, the Department of Trade and Industry and the University of Johannesburg’s Centre for Competition, Regulation and Economic Development (CCRED).
The African Programme on Rethinking Development Economics (APORDE), in association with the Centre for Competition, Regulation and Economic Development (CCRED) has the pleasure of inviting you to a seminar on ‘International Financial Flows and Financial Crisis Seminar’ .
12 July 2016
The Centre for Competition, Regulation and Economic Development (CCRED), has the pleasure of inviting you to a public briefing on ‘Opening up the economy: An agenda for action to address the barriers to entry’.
11 July 2016
The Centre for Competition, Regulation and Economic Development; the South African Research Chair in Industrial Development; and the Government Technical Advisory Centre have the pleasure of inviting you to the following seminar
26 May 2016
The Centre for Competition, Regulation and Economic Development (CCRED), in association with National Treasury, has the pleasure of inviting you to the following workshop:
The manufacturing sector plays a pivotal role in the development and growth of an economy due to its forward and backward linkages with other sectors. Economic activity in Johannesburg can also lead to benefits across southern Africa (“the region”) where firms inJohannesburg are key suppliers.
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) set floor prices for data and voice services including promotional packages, effective in January 2017. The floor prices are set at $0.12 per minute for voice services, and $0.02 per megabyte for data. Initially data prices were below $0.01 per megabyte.
The Competition Authority of Kenya has ordered all mobile money service providers, including Safaricom, to disclose all mobile money service fees payable by consumers for USSD (unstructured supplementary service data) based transactions.
On 17 November 2016, the South African Competition Tribunal (“Tribunal”) confirmed a settlement agreement reached between the Competition Commission and ArcelorMittal South Africa Ltd (AMSA) with regards to AMSA’s involvement in the long steel and scrap metal cartels. The settlement covered four complaints against AMSA, three of which involved collusion in flat steel, long steel and scrap metal markets and the other on excessive pricing of flat steel products.
South Africa has high data prices compared to other countries globally. The parliamentary portfolio committee on telecommunications and postal services conducted a two day hearing in September (2016) to investigate the high data prices in South Africa. In these hearings the South African mobile network operators (MNOs) submitted that the primary reason for high data costs was the “spectrum crunch” in large urban areas.
Competition authorities across the region are gradually improving their capacity to enforce effectively despite significant resource constraints. 2015 and 2016 have been landmark years in this regard!
As of 2014, about two-thirds of the population in Sub-Saharan Africa were financially excluded.
The growth of South African supermarket groups in southern Africa has not translated into increased participation of small local suppliers in supermarket value chains.
The South African agro-processing sector, and food processing in particular, has grown more rapidly than the manufacturing sector as a whole over the 2004-2014 period.
WATCH: CCRED Senior Researcher Thando Vilakazi discusses the patterns of investment of top JSE-listed firms.
CCRED Senior Economist/Researcher is interviewed on The Midday Report on 702 by Stephen Grootes. The interview is on the investment trends of large and lead firms listed on the Johannesburg Stock Exchange.
COSATU issues a statement following CCRED's recent research on the assessment of large and lead firms listed on the Johannesburg Stock Exchange's (JSE) investment patterns.
Huffington Post writes a 'spin-off' article of Business Day's article on CCRED's research of large and lead firms' growth, strategies and investment patterns.
independent Online (Business Report) writes an article on CCRED's recent research assessment of Remgo Ltd as a large, lead and dominant firm.
Financial Mail writes a feature story on CCRED's recent research project on the investment patterns of large, lead and dominant firms listed on the Johannesburg Stock Exchange (JSE).
Financial Mail interviewed CCRED Senior Economist/Researcher Thando Vilakazi, on the impact of JSE listed firms' growth and strategies on South African economy.
M&G interviewed CCRED Senior Economist/Researcher, Thando Vilakazi, on large and lead companies' reserves held instead of reinvesting. The article can be found here.
South African companies are accumulating reserves and not investing in the economy while acquisition-led growth has increased concentration and led to anticompetitive behaviour, says research from the University of Johannesburg’s Centre for Competition, Regulation and Economic Development.