Afrimat, an open-pit mining company which supplies industrial minerals and construction materials, says its subsidiary, Clinker Supplies, does not think there is merit in a Competition Commission complaint alleging abuse of dominance for excessive pricing. The commission has referred the supplier of a main ingredient in clinker bricks mostly used in the construction of low-income houses for prosecution by the Competition Tribunal. The commission wants an order from the tribunal declaring that Afrimat must pay the maximum fine allowable — 10% of its annual turnover in SA, including from exports. Afrimat says its subsidiary has been cooperating fully with the commission since 2015. "Clinker Supplies will vigorously defend itself before the tribunal," Afrimat CEO Andries van Heerden said on Monday. Afrimat said media coverage had indicated that the complaint and a proposed penalty were against Afrimat, rather than Clinker Supplies. The initial complaint investigated by the commission i...
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