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NEWS & INSIGHT
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FRAUD DURING THE PANDEMIC – HAVE ORGANISATIONS DROPPED THE BALL?
As the world deals with the COVID-19 pandemic, organisations, governments, law enforcement, regulators monitoring and or overseeing fraud...
Nortons Inc
Jul 14, 2020


COMPANY FINED R76 000 FOR EXCESSIVE PRICING DURING COVID-19 PANDEMIC
In South Africa’s first contested excessive pricing case in the context of COVID-19, the Competition Tribunal (“the Tribunal”) found...
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Jul 14, 2020


COMPETITION COMMISSION RELEASES BUYER POWER AND PRICE DISCRIMINATION GUIDELINES
On 18 May 2020, the Competition Commission (“the Commission”) issued Buyer Power and Price Discrimination Guidelines which aim to bring...
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Jul 14, 2020


TWO LARGE FACE MASK SUPPLIERS REFERRED TO THE COMPETITION TRIBUNAL OVER EXCESSIVE PRICING
The Competition Commission (“the Commission”) has referred two major face mask suppliers to the Competition Tribunal (“the Tribunal”) for...
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Jul 14, 2020


THE COMPETITION TRIBUNAL CONFIRMS FIRST CONSENT ORDER IN EXCESSIVE PRICING COMPLAINT REFERRAL
On 20 April 2020 the Competition Tribunal (“the Tribunal”) heard an application in respect of a complaint referral brought against a...
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Jul 14, 2020


SUMMARY OF APPLICABLE BLOCK EXEMPTIONS DURING THE COVID-19 PANDEMIC
Following President Cyril Ramaphosa’s proclamation of the National State of Disaster, the Minister of the Department of Trade, Industry...
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Jul 14, 2020


REGULATIONS ENFORCING THE NATIONAL LOCKDOWN ARE PROMULGATED BY THE MINISTER OF CO-OPERATIVE GOVERNAN
The Lockdown Regulations, aimed at enforcing the 21-day national lockdown in response to the COVID-19 pandemic, were published on 25...
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Jul 14, 2020


AN UPSURGE IN CYBER-ATTACKS – THE WAVE OF THE PANDEMIC
South Africa has third-highest number of cybercrime victims in the world with about R2.2bn lost each year through fraudulent activities...
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Jul 14, 2020


FINANCIAL LOSSES WITHIN ORGANISATIONS DUE TO INTERNAL FRAUD
Financial losses within organisations due to internal fraud In what could be one of the biggest financial frauds of recent years, German...
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Jul 14, 2020
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