The referral for a Competition Commission probe into potential collusion and uncompetitive behaviour implicating Shanduka Coal is set to come under intense scrutiny this week, with experts and companies suggesting it is baseless and aimed at embarrassing Deputy President Cyril Ramaphosa. As the campaign to lead the ANC gears up, dirty tricks are being used to discredit political opponents. Ramaphosa, one of the frontrunners, has been at the receiving end. The complaint was sent to the Competition Commission in October by an MP, who chose to remain anonymous. The complaint mentions disproportionately long contracts for the supply of coal to Eskom, claiming some major companies have contracts stretching as far as 2033. The referral claims smaller companies supplying coal to Eskom are either owned, controlled or influenced by the larger suppliers. Ramaphosa has denied accusations of collusion and uncompetitive conduct and has explained he had disposed of his stake in Shanduka in 2014. ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.