The Competition Commission has released its first Cost of Living (COL) Report, offering a comprehensive analysis of the rising costs of essential goods and services in South Africa. The report, published on Thursday, expands on the Commission’s earlier Essential Food Price Monitoring (EFPM) Report, first introduced in 2020 to track food prices. Unlike the EFPM… Continue reading Rising Costs: Commission Report Exposes Pressure on South African Households
Tag: Competition Commission
Edible Oil Company Willowton Group Agrees to Pay R1 Million Fine for Price Fixing
A KwaZulu-Natal sunfoil oil company, Willowton Group, has agreed to pay R1 million fine for price fixing. The Pietermaritzburg-based company will also spend another R100 million on public interest projects, including setting up a bursary fund for needy students worth R20 million, after admitting to price fixing and market division. Willowton Group, whose products are… Continue reading Edible Oil Company Willowton Group Agrees to Pay R1 Million Fine for Price Fixing