• Change of culture needed

    The right leadership will help SA shed its culture of violence, says Mandi Smallhorne.

  • 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

See More

Construction cartel may face NPA action

Jun 26 2013 15:35
Ebrahim Patel.

Economic Development Minister Ebrahim Patel. (Werner Beukes, Sapa) (Werner Beukes)

Related Articles

Fines level construction playing field

Basil Read settles on R95m

Construction firms in bid-rig settlement

Building firms face R1.46bn bid-rig fine

Aveng happy bid rig probe over

Construction cartels to learn their fate

Cape Town - The construction companies which were fined R1.46bn over a collusion racket could face further action, reported EWN on Wednesday.

Economic Development Minister Ebrahim Patel said that the National Prosecuting Authority (NPA) was looking into the probe, according to the news agency.   

Patel said the NPA held meetings with the Competition Commission to consider what their role should be in the matter.

"It may not be the end," he said.

The Congress of SA Trade Unions accused the bosses involved of treason, while the National Union of Metalworkers SA said that they should be prosecuted.

The Competition Commission said on Monday that 15 construction companies agreed to pay fines that collectively total R1.46bn for collusive tendering.

This followed a probe into bid-rigging involving 300 projects valued at R47bn. R28bn was related to public sector contracts and R19bn concerned private sector projects.

The commission said the firms colluded to create the illusion of competition by submitting "sham tenders" or "cover pricing", to allow an alleged conspirator to win a tender.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

npa  |  ebrahim patel  |  construction  |  bid-rigging


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:


Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

Top 10 richest musicians of all time

Check out the gallery to find out who they are!


Luxury living

10 most expensive cars In the world
10 of the most expensive things that will leave your jaw hanging!
Seven of the most expensive children's toys ever made
5 millionaires turned murderers

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote