S.Africa's Patel now gatekeeper for foreign investment

By Marius Bosch JOHANNESBURG, May 31 – The South African government’s backing of trade unions opposed to Wal-Mart’s $2.4 billion bid for retailer Massmart signals that future foreign investment will have to fit in with labour’s interests. While conditions imposed on the deal by competition authorities are not onerous, they are the first clear signs […]