Subscribe & Follow
Advertise your job vacancies
Jobs
- Print Buyer Cape Town
- General Manager Johannesburg
- General Worker Cape Town
- HR Officer Johannesburg
- Shift Supervisor - Production Cape Town
- Project Manager Johannesburg
- Equipment and Print Consumable Sales Representative Cape Town
- Vinyl Cutter and Laminator Goodwood
- Junior Technician - Millwright Johannesburg
- Branch Manager/New Business Developer - Paper Bags and Food Packaging Cape Town
Plastic pipes cartel smashed
According to reports on Business Live, Fin24 and Business Day, the Competition Tribunal has heaped praise on Petzetakis Africa's managing director Michelle Harding for exposing collusive practices in the plastic pipes sector and has given the company an 80% discount in penalties. Petzetakis was fined R9,92-million for its role in fixing prices and allocating markets.
Earlier this year major manufacturers Marley Pipe Systems, Swan Plastics and Flo-tek Pipes and Irrigation settled with the Commission by paying huge fines of R31-million, R7,6-million and R5-million respectively, Business Live, Fin24 and Business Day report.
For more:
Business Live: Tribunal calls for courage to stop cartel 'cancer'
Business Day: MD hailed for role in breaking cartel