The Competition Commission has referred a R4.5bn tender-rigging case involving Eskom suppliers to the Competition Tribunal after the regulator proceeded with its investigation despite Eskom’s attempts to withdraw the matter. Eskom, which was forced to approach the Public Investment Corporation this week for R5bn to relieve short-term cash flow pressures, first approached the commission in March 2016, while Brian Molefe still led the entity, to complain about collusive tendering for the supply of goods at 15 Eskom coal-fired power stations. Its suspicions were sparked when SGB Cape, a subsidiary of Waco Africa, submitted multiple tenders, one on its own and three others in joint ventures with Tedoc Industries, Mtsweni Corrosion Control and Superfecta Trading, said commission spokesman Sipho Ngwema. The same person signed all four tender submissions, with safety, financial, technical and quality documents being identical. On investigating, evidence of collusive tendering was found. Ng...
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