Recognition for Mall of Africa

Mall of Africa has secured its place among top honourees from around the world in the coveted international Viva (Vision, Innovation, Value, Achievement) Awards, announced in Las Vegas.

Mall of Africa is South Africa’s largest shopping mall built in a single phase, with over 130 000m² of retail space. It is home to over 300 shops, restaurants and services. The mall was built by Atterbury Property Development.

The Vivas are an initiative of the International Council of Shopping Centres (ICSC) and are the most recognised achievement for professional excellence in the global retail real estate industry.

Finalists first have to go through a rigorous regional round before they can be considered for the awards.

As a gold winner of the South African Council of Shopping Centres’ (SACSC) Retail Design and Development Awards, Mall of Africa was automatically entered in the Viva global awards.

Mall of Africa holds the honour of being the only mall on the African continent to achieve in the awards in this category this year.

Cobus van Heerden of Atterbury said the Mall of Africa was inspired by leading international trends in design elements. – ANA

DAct. It agreed to an accumulative remedy of R180 million.

Owned by MultiChoice Group, DStv Media Sales handles commercial airtime sales and on-air sponsorship sold to over 70 pay TV commercial channels and the two terrestrial M-Net channels.

The matter relates to a November 2011 investigation which found that, through the Media Credit Co-Ordinators (MCC), various media companies agreed to offer similar discounts and payment terms to advertising agencies that placed advertisements with MCC members.

MCC-accredited agencies were offered a 16.5% discount, while nonmembers were offered 15%.

The Competition Commission said it found that the practices restricted competition among the competing companies as they did not independently determine an element of a price in the form of discount or trading terms.

DStv Media Sales agreed to pay an administrative penalty of just over R22 million, R8 million to the Economic Development Fund over three years and agreed to provide 25% in bonus airtime for every rand of airtime bought by qualifying small agencies for a period of three years, which is subject to a total annual airtime cap of R50 million. – ANA