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South Africa: Group five faces collusion claim

By  |  September 9, 2014

The Competition Commission has submitted a case of collusive tendering against one of South Africa’s construction giants, Group Five, to the Competition Tribunal.

This is the second time that the company has been accused of being involved in collusive activity.

According to the commission, the illegal tendering occurred between three of the country’s most prominent industry players Group Five, WBHO Construction and a subsidiary of Murray & Roberts – Concor Limited.

The commission said its investigation found sufficient evidence that Group Five had colluded with the other two companies in tendering for the Senekal project which is the rehabilitation of the National Route 5, section 4 between Senekal and Vaalpenspruit in the Free State.

 

Full Content: CNBC Africa

 

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