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Hefty fines for greedy companies

By Thato Mahlangu A company found guilty of inflating prices of masks and personal protection gear has agreed to pay millions in fines after the Competition Commission conducted an investigation into its activities, following complaints. The commission said on Wednesday it referred a matter to the Competition Tribunal after finding evidence of price inflation during Read more >

Jail time for price fixers during COVID-19 outbreak

By Thato Mahlangu More than 25 retailers have been found guilty of price inflation during the national COVID-19 outbreak after consumers complained about the corrupt practices to competition and consumer watchdogs. These retailers are also investigated for potential collusive behaviour which may have a negative impact on consumers and those businesses which are trading fairly. Read more >

The big business of corruption

Corruption seems to have become the norm and if big business can't keep its hands off public funds, can South Africans expect government to do so, asks Nickolaus Bauer in Mail&Guardian. Read the original article here. The alleged fixing of state construction contracts dominated newspaper headlines earlier this week, but soon petered out as allegations Read more >