Stuttaford Van Lines charges with 649 counts of collusive tendering
Furniture removal company Stuttaford Van Lines has been charged with 649 counts of collusive tendering in relation to government tenders issued for furniture transportation.
This is the largest number of charges against a single company in the history of the Competition Commission.
The Competition Commission wants the Competition Tribunal to fine the company 10% of its annual turnover on each of the 649 charges.
The Money Show’s Bruce Whitfield interviewed Competition Commission Commissioner Thembinkosi Bonakele.
Whitfield also spoke to Stuttaford Van Lines Director Mel Potgieter.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
This has come as a great shock to us.Mel Potgieter, Stuttaford Van Lines
In the last six years, I’d be hard-pressed to find one incident in this company!Mel Potgieter, Stuttaford Van Lines
We have systems and procedures that prevent that sort of thing.Mel Potgieter, Stuttaford Van Lines
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Parliamentary coordinator Matthew Parks says there must be an explanation on investments in infrastructure programmes.Read More
The union is holding a national protest across the country at the offices of the Retail Motor Industry over the wage deal.Read More
EWN reporter Kgomotso Modise says Senzo Meyiwa's former girlfriend has been cited, indicating communication with the accused.Read More
ANC parliamentarian Boy Mamabolo defends self-proclaimed prophet Bushiri and goes after Home Affairs Minister Aaron Motsoaledi.Read More
The AfriForum's private prosecution unit advocate says he believes there will be more arrests after five suspects appear in court.Read More
Mbuso Mbulelo Bam started founded ‘Creative Nation‘ to educate the youth on the creative process and how to apply it.Read More
Former Bosasa chief operating officer Angelo Agrizzi’s lawyers are adamant that their client is not a flight risk.Read More
Writer Telford Vice says the three who had apparently resigned will stay on board until an interim structure has been appointed.Read More
News24 Reporter Sipho Masondo said the investigators were worried about why the NPA was not making an announcement.Read More
The police minister says citizens should be more responsible when it comes to COVID-19 regulations and bust operations will intensify.Read More
Absa’s working capital management solutions help businesses successfully manage their cashflows and working capital.Read More
Famed economist Dr Iraj Abedian talks about his book, "FutureNEXT: Reimagining Our World and Conquering Uncertainty”.Read More
The lowest and highest-paid workers in SA haven’t yet recovered from the lockdown, according to FNB's Dr Christoph Nieuwoudt.Read More
The Money Show’s Bruce Whitfield interviews Famous Brands CEO Darren Hele.Read More
Futurist Graeme Codrington and economist Dick Forslund on how a 2nd hard lockdown and a 2nd Covid wave might affect our country.Read More
Business Times contributing editor Hilary Joffe says the government needs to borrow R777-billion.Read More
The pandemic has hastened much-needed consolidation and made clear the value of bringing supply chains closer to home.Read More
Sales of vitamins and supplements are offsetting drop in demand for cold and flu remedies says Clicks CEO Vikesh Ramsunder.Read More
'If you're happy at work it rubs off on your colleagues and clients' says Gideon Galloway, CEO of King Price Insurance.Read More
Bruce Whitfield interviews Rhulani Mathebula (head of Generation) on Eskom's turnaround plan and the future of Koeberg.Read More