LevTrade agrees to pay fine after hiking price of face masks

Written by on 21 August, 2020

South African wholesale distributor of medical products, Levtrade International, has agreed to pay a fine of 50-thousand-rand after the Competition Tribunal found it guilty.

The company was found to have charged excessive prices for N95 face masks during February and March this year.

The Competition Commission’s, Siyabulela Makunga, says Levtrade must also contribute ten-thousand-rand to the Solidarity Fund, and donate essential goods to the value of 25-thousand-rand to the Johannesburg Children’s Home:

Listen here:
Podcast stream by Fabrik.fm

By: Gagasi FM News

Gagasi FM

What You Want to Hear