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South Africa: Construction head resigns following price-fixing scandal

By  |  August 21, 2013

In the wake of a major price-fixing investigation by South Africa’s Competition Commission, a scandal that still sends shockwaves throughout the construction industry, the head of one of the nation’s largest construction firms announced he will resign from his post. Aveng CEO Roger Jardine will reportedly leave the company at the end of August after five years, citing the Commission’s investigation as a source of personal stress, describing the ordeal as “personally very taxing.” Aveng settled for nearly $30 million with the watchdog last June to end the antitrust investigation.

Full Content: Ventures Africa

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