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Topic - Shan Ramburuth
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May 20, 2014
Economic Development Minister Ebrahim Patel late last week officially appointed Thembinkosi Bonakele new Competition Commission commissioner, following the ratification of the appointment by Cabinet.  Bonakele, who had been with the Commission for about ten years –...
Sep 19, 2013
Local airfreight specialist Imperial Air Cargo (IAC) has made an urgent call on the Competition Commission to initiate a market inquiry into the state of competition in the domestic overnight express airfreight market amid what it calls an “escalating crisis” in the...
Sep 19, 2013
An urgent request has been made by Imperial Logistics for the Competition Commission to initiate a market inquiry into the general state of competition in the domestic overnight express airfreight market. “This industry is in a state of escalating crisis, and our...
Sep 17, 2013
The World Economic Forum’s Global Competitiveness Report for 2013/14’s top-ten ranking for the effectiveness of South Africa’s antimonopoly policy, was encouraging, the Competition Commission said on Tuesday. South Africa had ranked at number eight, out of 148...
Mar 13, 2013
The Competition Commission confirmed on Wednesday that it would proceed with a market inquiry into the private healthcare sector amid concerns about pricing, costs and the state of competition and innovation in private healthcare. Manager of the commission’s advocacy...
May 05, 2011
The Competition Commission, which established a cartels division in April, has appointed Advocate Oliver Josie as the head of the new division. Advocacy and stakeholder relations manager Oupa Bodipe told Engineering News Online that there are currently 15 people...
Feb 08, 2011
South Africa’s Competition Commission recently scooped the accolade of ‘Agency of the Year in Asia-Pacific, Middle East & Africa’ in the Global Competition Review (GCR) 2011 awards held in the US. “We feel honoured at this recognition by our peers. The commission...
Aug 12, 2010
Lingering doubts about what constitutes excessive pricing in the South African context could finally be resolved, following a decision by the Competition Commission to refer complaints of collusion and excessive pricing against Sasol in the polymers market to the...
Aug 04, 2010
Jul 16, 2010
Jul 05, 2010
Mar 15, 2010
 
 
 
Mar 04, 2010
The Competition Commission on Thursday referred its findings of price fixing by major oil companies operating in South Africa to the Tribunal for adjudication. The price fixing related to the supply of bitumen and was lodged against Chevron, Engen, Shell, Total,...
Jan 28, 2010
The Competition Commission said on Thursday that it was investigating allegations that British Airways/Comair, South African Airways (SAA), 1time, SA Airlink, Mango and SA Express were colluding on prices and pricing strategies ahead of the FIFA World Cup. The probe...
Oct 30, 2009
The Competition Amendment Bill, which was recently signed into law but was still awaiting promulgation, could change how companies regarded compliance regulation, the Competition Commission, Shan Ramburuth, told a gathering of business people on Friday. Speaking at...
Sep 14, 2009
The Competition Commission has recommended that the Competition Tribunal impose an administrative penalty of 10% on each of the 11 companies identified in a wire manufacturing and distribution collusion, based on their respective annual turnovers for the preceding...
Aug 11, 2009
The Competition Commission’s former senior analyst for its Enforcement and Exemptions (E&E) division, Keith Weeks, has returned to head up the department, it said on Tuesday. Weeks would be responsible for investigations in all of the Commission’s priority sectors,...
Jun 29, 2009
The Competition Commission has initiated an investigation against major South African supermarket chains and wholesaler retailers for alleged contravention of the Competition Act, it announced on Monday. The competition authority would investigate Pick ‘n...
Jun 25, 2009
The Competition Commission on Thursday said it had searched the offices of Pretoria Portland Cement Company (PPC), Lafarge Industries, AfriSam Consortium, and Natal Portland Cement Cimpor. The search was conducted in five locations in Gauteng and KwaZulu-Natal...
May 19, 2009
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 06, 2009
Petrochemicals giant Sasol has admitted to contravening the Competition Act, and agreed to pay a R188-million fine, which equals some 6% of the turnover of the Sasol Nitro division. This agreement between Sasol’s fertiliser unit and South Africa’s Competition...
Apr 17, 2009
South Africa's Competition Commission, which has expressed misgivings about some aspects of the proposed changes to the competition legislation, said that it was preparing itself for the likelihood that the amendments would be signed into law unaltered. Commissioner...
 
 
 
 
Apr 02, 2009
South Africa’s Competition Commission, which has expressed misgivings about some aspects of the proposed changes to the competition legislation, said that it was preparing itself for the likelihood that the amendments would be signed into law unaltered. Addressing...
Apr 02, 2009
South Africa’s Competition Commission is receiving approaches “every week” from construction-related and other companies seeking either leniency for bid rigging, or requesting a “marker” to effectively secure a slot in the queue should they decide to pursue an...
Mar 09, 2009
The Competition Commission on Monday welcomed the publication of the new determination lifting the thresholds for merger notification, which was gazetted by the Minister of Trade and Industry. The new determination also included an inflation-linked fee adjustment...
Feb 13, 2009
The Competition Commission has to date received a total of 20 corporate leniency policy (CLP) application from businesses covering the length and breadth of South Africa industry and has confirmed with Engineering News that it is currently actively investigating nine...
Feb 09, 2009
South Africa’s Competition Commission has appointed Maarten van Hoven as manager of its mergers and acquisitions division. Van Hoven will replace Tembinkosi Bonakele, who has been promoted to Deputy Commissioner at the competition authority.
Feb 02, 2009
The Competition Commission announced on Monday that it had uncovered yet another cartel operating in South Africa. This time, the culprits are participants in the plastic-pipe manufacturing industry, which supplies product for plumbing in domestic houses, as well as...
Jan 16, 2009
Dairy products producer Lancewood has agreed to pay a R100 000 settlement with the Competition Commission, with regard to its participation in a milk cartel. The Commission on Friday reported that the producer has admitted its involvement in price information...
Nov 12, 2008
The Minister of Trade and Industry, Mandisi Mpahlwa, on Wednesday appointed Tembinkosi Bonakele as the deputy commissioner of the Competition Commission. Bonakele was previously the divisional manager or mergers and acquisitions at the commission, and under his...
Nov 04, 2008
A nine-year legal saga came to an end on Tuesday, when a group of US soda ash producers admitted to fixing prices, and agreed to pay an administrative penalty. The American Natural Soda Ash Corporation (Ansac) agreed to pay a R9,7-million fine in the settlement,...
Oct 23, 2008
The National Assembly has passed the much-debated Competition Amendment Bill, drafted in a bid to strengthen the hand of South Africa's competition authorities, but slightly softened contentious clauses relating to the criminalisation of anticompetitive behaviour by...
 
 
 
 
Jul 30, 2008
Jul 29, 2008
South Africa's competition authorities reiterated in Parliament on Tuesday their now well-known objection to a proposed amendment to the Competition Act that would make it a criminal offence for company executives to have participated in a cartel. The provision...
Jul 17, 2008
The Competition Commission has received an application for corporate leniency from an individual who alleges the existence of a cartel among competitors in the steel sector. The commission did not name the source of its information, but Anglo American issued a...
Jun 25, 2008
South Africa’s bank charges were higher than what they would be at competitive levels, the Competition Commission said on Wednesday, following the completion of an inquiry into the level and structure of bank charges and access to the retail banking sector. The...
Mar 14, 2008
South Africa’s increasingly assertive competition watchdog, the Competition Commission, has confirmed receipt of applications for ‘corporate leniency’ from companies operating in the construction sector as its investigation into the industry heats up.
Feb 29, 2008
South Africa's increasingly assertive competition watchdog, the Competition Commission, has confirmed receipt of applications for ‘corporate leniency' from companies operating in the construction sector as its investigation into the industry heats up....
Feb 29, 2008
The Competition Commission says that the Competition Tribunal has set a date for the hearing in the cartel case against eight dairy processors, investigated for alleged price-fixing of milk products. The hearing will commence in September this year.
Jan 16, 2008
The Competition Commission said on Wednesday that the rapidity with which all the large bread producers had moved to increase prices at roughly the same time, following the price-fixing collusion uncovered in the industry, flew in the face of its ongoing...
Jun 08, 2007
Black-empowered construction materials group Afrimat is adamant that the conditions placed on its R125-million acquisition of the Malans group, which operates quarries and sand mines in the Western and Eastern Cape provinces, are not onerous and has not in any way...
May 29, 2007
Black-empowered construction materials group Afrimat stated on Tuesday that it expected to receive 'conditional approval' from the Competition Commission for its R125-million acquisition of the Malans group, which operated quarries and sand mines in the...
 
 
 
 
Apr 06, 2007
South Africa's Competition Commission, which has, over the past few months, shown a far greater propensity to deal proactively with what it perceives as anticompetitive behaviour in sectors as diverse as banking through to agroprocessing, is now casting its eye...
Apr 05, 2007
South Africa's Competition Commission, which has, over the past few months, shown a far greater propensity to deal proactively with what it perceives as anticompetitive behaviour in sectors as diverse as banking through to agroprocessing, is now casting its eye...
Feb 14, 2007
South Africa's Competition Commission had referred a cartel case against bread producers Pioneer Foods Limited (trading as Sasko and Duens Bakaries) and Tiger Food Brands Limited (trading as Albany Bakeries) to the Competition Tribunal, it said in an emailed...
Apr 20, 2006
South African banks were not prepared to disclose financial information fully on how bank charges were determined, the Competition Commission heard on Thursday. The commission had appointed researcher Dr Penelope Hawkins to investigate allegations of high bank...
Feb 02, 2006
South Africa motor manufacturer BMW's dealers have signed a consent agreement with the Competition Commission on similar terms to the consent agreements reached with other manufacturers and dealers during December 2005.
 
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