Solar firm pays R200,000 penalty after alleged tender shenanigans

South Africa News News

Solar firm pays R200,000 penalty after alleged tender shenanigans
South Africa Latest News,South Africa Headlines
  • 📰 mybroadband
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Although it agreed to the penalty, Pacific Solar admitted no guilt.

The Competition Tribunal has confirmed that Gauteng-based solar energy firm Pacific Solar has agreed to pay a R200,000 fine as part of a consent agreement after the Competition Commission accused it of collusion.

The first tender was issued by the Council for Geoscience in 2021 and related to the supply and delivery of multi-functional drill rigs. It included service and maintenance for three years. The DMRE submitted its complaint in May 2022 and also alleged that the two firms colluded in response to its tender.

Pacific Solar is a small business and hasn’t previously been found guilty of contravening the Act; and,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mybroadband /  🏆 11. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PIC, Sipho Maseko’s Afrifund and Axian Telecom mull Telkom bidPIC, Sipho Maseko’s Afrifund and Axian Telecom mull Telkom bidAfrica’s largest asset manager, the Public Investment Corporation (PIC), is backing a possible bid led by the former chief executive of Telkom for a 35% stake in South Africa’s third-biggest mobile phone company. Moneyweb BusinessNews
Read more »

Seychelles' Government Assessing Buildings for Solar Power Panel InstallationSeychelles' Government Assessing Buildings for Solar Power Panel InstallationThe Seychelles' Public Utilities Corporation (PUC) and the Department of Energy are currently assessing prospective government buildings to install photovoltaic panels, said a top official.
Read more »

Exemplar hikes dividend as it looks beyond EskomThe rural and township mall investor continues to expand its rooftop solar power
Read more »

Cape Town reports record number of rooftop solar applicationsCape Town reports record number of rooftop solar applications: Applications for solar PV installations have registered another record on the back of persistent load-shedding, the City of Cape Town said on Monday.
Read more »

Solar boom for Cape TownSolar boom for Cape TownCape Town says March saw record levels of solar power installation applications.
Read more »

'Record number' of households applying to install rooftop solar systems - CoCT'Record number' of households applying to install rooftop solar systems - CoCTThe City of Cape Town said it has received more than 2,300 applications this year.
Read more »



Render Time: 2025-02-24 13:42:58