R/€ = 13.11
R/$ = 11.90
Au 1205.90 $/oz
Pt 1147.50 $/oz
May 20, 2009
JSE-listed chemical services company, Omnia on Wednesday said it noted the comment by the Competition Commission, linking it to the Sasol Nitro collusion investigation, which was heard at the Competition Tribunal. “Notwithstanding recent media reports, the grounds...
May 20, 2009
The Competition Commission is proceeding with a new investigation of possible anticompetitive behaviour in the fertiliser industry, the commission’s economist and divisional manager of policy research Dr Simon Roberts confirmed on Wednesday. Addressing a Competition...
May 19, 2009
Article contains comments
Energy and chemicals group Sasol announced on Tuesday that, in line with an amended agreement reached with the Competition Commission, it had agreed to an even heftier fine of R250,68-million to settle competition breaches involving its fertiliser unit. Earlier, a...
May 11, 2009
Petrochemicals giant Sasol will meet with the Competition Tribunal next week to make submissions on a R188-million settlement it had agreed to with the Competition Commission last week, regarding uncompetitive behaviour in the fertiliser industry. The petrochemicals...
May 06, 2009
Petrochemicals firm Sasol will pay a penalty of R188-million for contravening South Africa’s competition legislation by fixing prices in the fertiliser sector. This fine is the highest settlement reached with the Competition Commission to date, and is based on 6% of...
Feb 05, 2009
South African Competition Tribunal chairperson David Lewis has been appointed interim chair of the International Competition Network (ICN) steering group. Lewis would take on the role until the next ICN yearly conference, to be held in Zurich, Switzerland, in June....