‘Blacklist construction colluders’, BUSINESS DAY
'Blacklist construction colluders', BUSINESS DAY
THE Black Business Council in the Built Environment (BBCBE) says that R1.46bn of fines imposed by the Competition Commission on 15 listed and unlisted companies in the construction sector for anticompetitive behaviour is a “mere slap on the wrist”. It said yesterday that the firms, including SA's top construction groups, should be blacklisted from public sector construction projects, having “favoured certain groups of South Africans to the exclusion of others”. “These companies have effectively stolen money from the … fiscus and should therefore be treated as criminals.”
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