Edition:
United States

African Oxygen Ltd (AFXJ.J)

AFXJ.J on Johannesburg Stock Exchange

2,845.00ZAc
16 Nov 2018
Change (% chg)

16.00 (+0.57%)
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2,829.00
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Latest Key Developments (Source: Significant Developments)

SA's Competition Commission Says Five LPG Cos Charged For Cartel Conduct
Thursday, 18 Oct 2018 07:05am EDT 

Oct 18 (Reuters) - SA'S COMPETITION COMMISSION::COMPETITION COMMISSION OF SOUTH AFRICA - REFERRED TO COMPETITION TRIBUNAL FOR PROSECUTION 5 LIQUEFIED PETROLEUM GAS COMPANIES FOR CARTEL CONDUCT.SA'S COMPETITION COMMISSION- TOTALGAZ SOUTHERN AFRICA, ORYX OIL SOUTH AFRICA, KAYAGAS, EASIGAS, AFRICAN OXYGEN CHARGED FOR FIXING GAS CYLINDER PRICES.SA'S COMPETITION COMMISSION - FOUND THAT FROM 2015 TO DATE, 5 COS AGREED ON AMOUNT TO BE PAID AS DEPOSIT FOR LPG CYLINDER BY FIRST TIME LPG BUYERS.SA'S COMPETITION COMMISSION - ASKED TRIBUNAL TO IMPOSE PENALTY OF 10% OF ANNUAL TURNOVER OF TOTALGAZ, ORYX, KAYAGAS, EASIGAS FOR PRICE FIXING.  Full Article