This week, a Mail & Guardian investigation unearths what happens when the so-called construction mafia is allowed to run rampant in the country.
The exhibition uses a new lens to frame Durban’s South Basin, which is polluted by industry.
Construction firm Murray & Roberts will have to pay another R64-million in penalties for tender collusion on projects including the Cape Town Stadium.
Those construction firms that did not accept culpability and settle when accused of collusive tendering now face an unforgiving Competition Tribunal.
The Competition Commission is confident that the construction companies have a case to answer for World Cup stadium bid-rigging, despite their denial.
The economic development minister says government is seeking a restitution package from colluding construction firms following a R1.5-billion fine.
Construction company WBHO got off lightly for collusive tendering. But co-accused, Murray & Roberts’s Concor company, will not be as lucky.
Former Aveng chief Roger Jardine says there needs to be greater transparency in government tender systems to lessen opportunities for collusion.
Aveng chief executive Roger Jardine says he is stepping down following an investigation process which he found very taxing.
We discuss how it is almost impossible to deal with collusion once and for all, and that despite clampdowns, cartels are likely to continue.
The Construction Industry Development Board will investigate whether firms that admitted to rigging and collusion should be barred from state tenders.
Join Kwanele Sosibo and Deshnee Subramany between 1pm and 2pm as they talk you through the latest scandals and brouhahas unfolding in South Africa.
Despite continuing clampdowns, cartels are likely to continue, experts in anti-competitive behaviour, economics and business ethics warn.
A R4.7-billion construction cabal was brought down by one player refusing to pay the others their dues.
The two-day sitting of the competition tribunal hearing revealed the extent of the collusion within the construction sector between 1999 and 2009.
The Competition Tribunal has been told by a representative for G Liviero & Son that cover pricing was endemic in the construction industry worldwide.
Corruption Watch has made a submission to the Competition Tribunal, calling for those involved in the construction cartel to be prosecuted.
Salga has asked for access to the full records of agreements between the Competition Commission and 15 construction companies.
Apparently, noble construction company bosses were just looking out for us when they fixed prices. Thanks, guys.
