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  • The HardHat Professional posted an update 2 weeks, 6 days ago

    Construction company GVK-Siya Zama has agreed to pay an administrative penalty of over R6m after being charged with price fixing, market division and collusive conduct in the construction industry.

    GVK fined R6m on price fixing, collusion charges

    Construction company GVK-Siya Zama has agreed to pay an administrative penalty of over R6m after being charged with price fixing, market division and collusive conduct in the construction industry. In a statement issued on Tuesday, the Competition Commission said it had referred an agreement it had reached with GVK to the Competition Tribunal for confirmation as an order.