WBHO said that it was awaiting the Competition Commission's response to information and documentation submitted by the group.

The Competition Tribunal has confirmed the settlement agreement between the Competition Commission and Aveng after one of its subsidiaries was found guilty of cartel activity.

Capital Property Fund and Pangbourne Properties said on Thursday they had received approvals from both the Competition Tribunal and South Gauteng High Court for their tie-up deal.

The Competition Commission has entered into a settlement agreement with Aveng, trading as Duraset in which it admits that it took part in the mining roof bolts cartel.

Murray & Roberts Holdings to clarify its position after having been listed by the Competition Commission as one of the participant in alleged collusion in the construction industry.

The Competition Commission had received applications for corporate leniency from construction companies for collusive practices with respect to certain construction projects.

Aveng has agreed to pay an administrative penalty of R46 million as well as develop and implement a formal compliance programme.

Media release No 22 of 2004

(Industry) The Institute of Estate Agents has stopped publishing recommended tariffs of professional fees and commissions, according to an article in the Property Professional Online electronic newsletter .

Property sale increases retail exposure