In the run up to the 13th annual Bookmarks Awards, the IAB SA has announced the 2021 jury panels and their respective chairs. Comprising eight experts in their respective fields, the jury chairs together with their fellow panel judges will evaluate and award the latest and greatest in South African digital.Issued byIAB South Africa
Grey Group Advertising Africa has announced the promotion of Thando Mafongosi to strategy director. Mafongosi holds a Bachelor's degree focused in brand management from Vega School and an MBA from the Gordon Institute of Business Science. She has worked in the advertising industry for a number of years, her skills include brand management, digital marketing strategy, advertising, strategic planning, traditional marketing strategy.ByEvan-Lee Courie
The Competition Tribunal has found two Gauteng mask suppliers guilty of inflating prices since the Covid-19 outbreak...
3 Jun 2020
“The Commission concluded that Vasili’s conduct of significantly escalating margins on surgical gloves and face masks without any corresponding increases in costs during the period February to April 2020, is a contravention of section 8(1)(a) of the Competition Act read together with Regulation 4 of the Consumer Protection Regulations,” the statement said.
Vasilis does not admit that its conduct constitutes a contravention of the Competition Act.
However, they have agreed to desist from pricing excessively by reducing its gross profit margins applicable to the sale of surgical gloves and facemasks to an agreed maximum percentage with immediate effect for the duration of the State of National Disaster.
The company says it will also donate essential goods amounting to R243,148.70 to three charities, Mangaung Society for Care of the Aged, Boiketlong Old Age Home and the Hearts2Hand Foundation.
The company will also contribute R44,128.51 to the Solidarity Fund and develop and implement a competition law compliance programme.
Several regulations have been gazetted to protect consumers during the State of National Disaster. One such regulation relates to the prohibition of the excessive pricing of essential goods and services. Essential goods include items such as toilet paper, hand sanitiser and disinfectant cleaners, to name a few...
Meanwhile, Sanitech, a division of Waco Africa, has also been accused of inflating prices.
Sanitech is a supplier of sanitation facilities and offers professional washroom hygiene services through several branches nationwide.
“The Commission accuses the company of charging excessive prices for five-litre hand sanitisers during March and April 2020,” the Tribunal said.
In addition, while the company does not admit to any wrongdoing, Sanitech agrees to resolve the complaint through several remedies set out in the consent agreement.
Sanitech has also agreed to donate R65,028 to the Solidarity Fund; stop the excessive pricing; reduce its gross profit margin on hand sanitisers for the duration of the State of National Disaster.
They will also develop and implement a competition law compliance programme.
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