Related
Top stories
HR & Management7 reasons workers suffer mid-year blues... and what to do about it
Anja van Beek 1 day
More news
ESG & Sustainability
Africa’s sustainable fashion future to be unveiled at Twyg’s Africa Textile Talks
1 day
Trending
Why everyone is talking about the latest WeBuyCars advert
Thegandra Naidoo
Review: Lepas L4
Imran Salie
South African president gets court order halting inquiry into 'Farmgate' scandal
Sfundo Parakozov, Nilutpal Timsina and Anathi Madubela
Subscribe & Follow
Advertise your job vacancies
Jobs
- Sales Manager Durban
- Maintenance Lead Cape Town
- DTP Operator Cape Town
- Storeman – Print & Packaging Cape Town
- Digital Printer Technician Johannesburg
- Printing Manager Johannesburg
- Continuous Improvement Intern 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'
- Fin24: Tribunal rules on plastic pipes cartel
- Business Day: MD hailed for role in breaking cartel
