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Shanduka Group sells McDonald’s South Africa to MSA Holdings

( September 20, 2016, 08:35 GMT | Insight) -- The Shanduka Group, founded by South Africa’s deputy president Cyril Ramaphosa, has sold McDonald’s South Africa to Emirates-based MSA Holdings, according to local news outlet Capetalk. The commissioner of South Africa’s Competition Commi...The Shanduka Group, founded by South Africa’s deputy president Cyril Ramaphosa, has sold McDonald’s South Africa to Emirates-based MSA Holdings, according to local news outlet Capetalk. The commissioner of South Africa’s Competition Commission confirmed that it had approved the immediate sale. The sale is part of Ramaphosa’s planned asset restructuring....

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