Competition Tribunal is today due to confirm an immunity agreement JSE-listed construction group Aveng struck with the Competition Commission.

Thursday, 20 October 2016 14:09

Murray and Roberts joins voluntary deal

Murray & Roberts opts to participate in a R1.25bn 'voluntary' settlement agreement between construction companies.

Construction groups say they will collectively pay R1.25bn to accelerate transformation in the country's construction sector in settlement of collusion claims in the industry.

Construction investors, starved of good news, were impressed by Wilson Bayly Holmes-Ovcon’s trading statement.

Construction firm Murray & Roberts is slapped with another multimillion-rand fine for involvement in collusive tendering in the buildup to the 2010 Fifa World Cup.

Competition Commission refers the last case arising out of its investigation of bid rigging in the construction sector to the Competition Tribunal.

Most Popular

GMI Property Group adds a New Mall to its Stable: Bronkhorstspruit Mall

Jul 21, 2022
GMI Properties Group announces the development of the much-anticipated Bronkhorstspruit…

Equites Property Fund and Mabel conclude B-BBEE transaction

Jul 21, 2022
Andrea Taverna-Turisan
The JSE listed specialist logistics property fund, Equites, today officially announced…

The growing take-away and fast food, and food delivery, culture

Jul 20, 2022
Restaurant and Take-Aways data for May 2022
Restaurant and Take-Aways data for May 2022 points to “solid but slowing” growth in…

Despite hike, interest rate remains below pre-Covid levels, says Dr Andrew Golding

Jul 21, 2022
Dr Andrew Golding
With the inflation outlook deteriorating since the previous Monetary Policy Committee…

The rapidly rising cost of living is reflecting in residential rentals

Jul 21, 2022
TPN Graph-Rental Demand
Demand for residential rental properties saw some recovery in the first quarter of 2022…

Please publish modules in offcanvas position.