Share

Watchdog to refer Sekunjalo price-fixing case

Johannesburg - The case involving a fishing company owned by Sekunjalo Investments has not yet been referred to the Competition Commission tribunal for final adjudication, a spokesperson said on Monday.

"The commission has not referred the case to the tribunal yet," said commission spokesperson Themba Mathebula.

"The commission only confirmed that its legal service division was finalising the referral process..."

The Sunday Times reported this week that the fishing company, Premier Fishing, could face a multi-million-rand fine following allegations of price collusion involving Premier and other companies.

This follows a complaint lodged almost six years ago against big fishing companies.

It was alleged that the companies were colluding to set uniform prices for skippers, crew and private boat owners, according to the newspaper.

Sekunjalo spokesperson Cherie Hendricks told the Sunday Times that Premier Fishing had always maintained a good governance standard.

"We are confident of our position as we have communicated this to the commission," she said.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.94
-0.0%
Rand - Pound
23.91
-0.0%
Rand - Euro
20.41
+0.1%
Rand - Aus dollar
12.33
+0.1%
Rand - Yen
0.13
-0.0%
Platinum
908.05
+1.2%
Palladium
1,014.94
+1.3%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent-ruolie
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders