Upcoming cases - Tribunal roll for Wednesday, 25 January 2017

 

 

The hearing starts at 10h00 and will be held at the following address:

 

The dti Campus

77 Meintjies Street

Mulayo Building, (Block C)

Sunnyside, Pretoria

Tel: +27 (0) 12 394 3300

Fax: 27 (0) 12 394 0169

Website: http://www.comptrib.co.za

 

Tribunal asked to confirm R2m settlement with Textile Company for collusion

The Competition Tribunal is asked to confirm a R2 113 335.24 settlement between the Competition Commission and Good Hope Textile Corporation, trading as Da Gama Textiles. The firm has admitted to colluding tendering in a bid issued by National Treasury.

The tender was for the supply of fabric used in the manufacture of uniforms for the Department of Correctional Services, the South African Air Force and the South African Military Health Services.

Da Gama Textiles concluded bilateral agreements with Monoge Mining and Motseng Trading & Supply Services in which they agreed that Da Gama Textiles would determine the prices at which both would quote in submitting their respective bids.

The Commission has already concluded a settlement with Motseng Trading of R100 000, which represented 7.6% of its 2013 turnover.

 

Merger in election power generation market

The Commission has recommended the Tribunal approve the unconditional merger of Holdco, DevCo and AssetCo with target firms Aldwych Power Holdings Limited (AHL), Aldwych International Limited (AIL), Cabeolica SA (Cabeolica) and Cenpower Generation Company Ltd (Cenpower).

Holdco, DevCo and AssetCo intend to acquire the entire share capital of the target firms.

The primary acquiring firms are not yet incorporated. HoldCo will be the holding company of DevCo and AssetCo and the three will be jointly controlled in equal share by AHL and AFC Equity Investments Ltd (AFC Equity).

AHL is controlled by Pan African Infrastructure Development Fund and AFC Equity is controlled by Africa Finance Corporation (AFC).

Globally, AHL develops, constructs, manages, owns and operates electricity generation, transmission and distribution projects in developing markets.

Pan African Infrastructure Development is a leading African infrastructure fund manager and AFC is an Africa-focused multilateral financial institution. AFC has a special focus on the African infrastructure sectors, including conventional power generation, renewable energy, sea, airports, oil and gas pipelines and telecommunications. In South Africa, AFC does not control any firm but has an interest in South African Toll Road Company (Pty) Limited.

 

Issued by:

Chantelle Benjamin

Communications: Competition Tribunal   

Tel (012)394 1383                                     

Cell: +27 (0) 73 007 5603  

Twitter: @comptrib                                       

E-Mail: chantelleb@comptrib.co.za

 

On Behalf Of:

Lerato Motaung                                                   

Registrar: Competition Tribunal                                        

Tel: (012) 394 3355                                             

Cell: +27 (0) 82 556 3221                                              

E-Mail: LeratoM@comptrib.co.za