Competition Commission raids fresh produce agents accused of price fixing

The Competition Commission raided 11 fresh produce market agents in Johannesburg and Pretoria on Thursday afternoon.

The agents are suspected of price-fixing which makes it difficult for smaller agents to make large profits.

Spokesperson Sipho Ngwema says the commission received information regarding allegation of price fixing and collusion and confirmed the claims in a preliminary investigation.

There were agents at the market who were manipulating prices and squeezing out the small farmers, particularly the emerging black farmers.

Sipho Ngwema, Spokesperson for Competition Commission

Ngwema explains that the large agents set the prices extremely low at the start or the day for small farmers to deplete the stock, before dramatically increasing their prices for bigger retailers to increase their margins.

He advises that the commission will gather more information before deciding on whether or not to refer the matter to the Competition Tribunal.

Take a listen:


702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
10 business tips to boost you through a tough economy

10 business tips to boost you through a tough economy

Business growth specialist, Pavlo Phitidi tracks down previously profiled businesses and advises them on their next level growth.

Zuma lashes out at 101 ANC stalwarts in policy conference opening salvo

Zuma lashes out at 101 ANC stalwarts in policy conference opening salvo

President Zuma went 'off script' on Friday when he castigated his detractors saying many denied being on the 101 stalwarts list.

Explore the magic of Madeira at the Caravela Portuguese Festival

Explore the magic of Madeira at the Caravela Portuguese Festival

This weekend, all roads lead to the magical Madeira Day festivities at Montecasino.

"Whackhead" Simpson's song about Carl Niehaus was one of Redi's faves

"Whackhead" Simpson's song about Carl Niehaus was one of Redi's faves

In 2009 Carl Niehaus was forced to step down as ANC national spokesperson after fraud allegations surfaced.

Mr. Tlhabi bids Mrs Tlhabi farewell on her last radio show #FarewellRedi

Mr. Tlhabi bids Mrs Tlhabi farewell on her last radio show #FarewellRedi

Brian Tlhabi says his wife, Redi Tlhabi makes him super happy and continues to wish her the best with her future endeavours.

Joburg Market officials face arrest over 'disturbing' fraud claims

Joburg Market officials face arrest over 'disturbing' fraud claims

It's alleged three officials defrauded the City to the amount of at least R7.5 million by inflating the number of goods received.

Popular articles
7 tips on how to keep your child safe in public

7 tips on how to keep your child safe in public

Social worker and Childline manager Faiza Khota shares practical advise on how to help protect children in public spaces.

Soon you may not be able to light up in public (indoors or out!)

Soon you may not be able to light up in public (indoors or out!)

The Dept of Health is looking to introduce draft legislation that includes a complete ban on all smoking in public areas.

'KZN nudist beach would be a draw card for international tourism'

'KZN nudist beach would be a draw card for international tourism'

Chairman of KZN Naturists Association Christo Bothma says having the section of the South Coast beach will boost the economy.

New drug known as 'flakka' hits Durban

New drug known as 'flakka' hits Durban

Sam Pillay, founder and director of Anti-Drug Forum SA says once the drug takes effect, the user appears possessed.

The President's Keepers: PDF version is tantamount to theft - Exclusive Books

The President's Keepers: PDF version is tantamount to theft - Exclusive Books

A PDF version of the book has been doing the rounds since Sars and the State Security Agency threatened legal action.

Falling out of love? Signs and stages of romantic disengagement

Falling out of love? Signs and stages of romantic disengagement

Can you love your partner, but no longer be in love with them? Dr Eve unravels stages of disaffection in romantic relationships.

Celibacy liberated me - Amanda Ndiki

Celibacy liberated me - Amanda Ndiki

Author Amanda Ndiki, celibate for 6 years describes her journey and how celibacy helped mend her sense of self.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.