Kalahari looks set to close its doors and fully merge with Takelot at the end of April 2015, according to a Kalahari staff member and another source close to the company.<\/p>\n
An official statement on the merger between the two online retailers is expected to be sent out on 17 April.<\/p>\n
Kalahari\u2019s video game section no longer lists pre-order titles coming out after 17 April \u2013 when asked about this, the Kalahari employee\u00a0said it\u00a0was due to the fact the\u00a0group\u00a0was closing at the end of the month.<\/p>\n
The Competition Commission of South Africa approved the merger<\/strong><\/a> between Kalahari and Takealot\u00a0in January, after the deal was announced in\u00a0October 2014.<\/p>\n The retailers attributed the move to an inability to compete with brick and mortar companies and international players such as Amazon and Alibaba.<\/p>\n A\u00a0statement from Kalahari at the time of the CompCom approval noted that all staff would report to Takealot CEO Kim Reid as of 1 February 2015.<\/p>\n The employee MyBroadband spoke to said permanent and temporary staff at Kalahari had been offered positions at Takealot, with permanent staff given priority.<\/p>\n As with most company mergers, job cuts are on the cards, however.<\/p>\n Notably, the Competition Commission has stipulated that job losses may not \u201cexceed 200\u2033 as per the conditions of the merger.<\/p>\n Takealot was asked for comment, but did not respond by the time of publication.<\/p>\n This article was republished with permission from MyBroadband<\/a>.<\/p>\n Takealot, Kalahari merger gets the go ahead<\/a><\/strong><\/p>\n Takealot.com reveals SA mobile online shopping trends<\/a><\/strong><\/p>\nMore on Takealot-Kalahari<\/h3>\n