Share

Construction cartel faces another beating

Johannesburg - Fifteen of the construction firms which were fined R1.46bn over a collusion racket will be facing a host of civil damages claims, reported City Press on Sunday.

Last year the Competition Commission fined the major construction firms a collective R1.46bn for anti-competitive behaviour, and inclusive tendering relating to projects concluded between 2006 and 2011.

Now, some of the largest construction companies in the country are set to be slammed with civil damages claims.

The hardest hit appears to be WBHO, which has 27 claim certificates issued against it by the competition tribunal.

The certificates mean those making the claim do not have to prove in court collusion took place, just the quantity of the damages that should be due to them as a result of the companies’ illegal conduct.

Raubex (17), Stefanutti Stocks (16), Murray & Roberts (14), Basil Read (13), Aveng (13) and Haw & Inglis (12) also feature.

Projects for which certificates have been issued include:

- The Cape Town Stadium,
- The FNB Stadium,
- Mbombela Stadium,
- The Gauteng freeway improvement project,
- Durban’s International Convention Centre,
- A University of Cape Town women’s residence,
- A Coega office block development,
- The Berg River dam,
- The Braamhoek quarry dam,
- The Bayhead road extension; and
- The Khangela Bridge.

Split across sectors, the projects cover roads (77), industry (28), stadiums (17), residential (11), water infrastructure (4), municipal infrastructure (3) and retail (1).

Read the full report in City Press.

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
19.01
+0.0%
Rand - Pound
23.79
+0.0%
Rand - Euro
20.40
+0.0%
Rand - Aus dollar
12.44
-0.3%
Rand - Yen
0.12
+0.3%
Platinum
933.40
+0.9%
Palladium
995.00
+0.5%
Gold
2,339.75
+0.3%
Silver
27.61
+0.7%
Brent Crude
89.01
+1.1%
Top 40
68,437
0.0%
All Share
74,329
0.0%
Resource 10
62,119
0.0%
Industrial 25
102,531
0.0%
Financial 15
15,802
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