Companies who hiked prices during Covid-19 pandemic to face music, says Ebrahim Patel

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The government says action will soon be taken against companies who have hiked their prices in a bid to profit from the Covid-19 crisis.

Minister of trade and industry Ebrahim Patel on Thursday revealed that the competition commission has been inundated with hundreds of complaints from consumers who have experienced the price increases and is now ready to take the culprits to task.

The newly amended regulations — on day seven of the nationwide lockdown — as of this afternoon also now make provision for the operation of international call centres for the duration of the lockdown which has been set down for 21 days. He added that the operating times of supermarkets have also had to be reviewed to align with the review of regulations regarding public transport. Particularly in light of the payment of social grants this week, Patel said that some supermarkets have been open since 7am.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Its a free market, as long as there is no price fixing it is perfectly legal.

Hopefully they won't bribe the officials because we all know money makes the world go blind

..they will get a fine of a R1million, which they will just get from the consumers the next day! SO WHO ARE YOU REALLY PUNISHING! Don't fine them, FORCE them to drop price of goods by SAME AMOUNT they raised it, for same period, THEN consumer will not be left PAYING FOR IT ALL

Mxxxm some song no action i buy a tin of lucky star with 23 rand

The lalabye music😩... Nothing will not happen to those companies they donated

Mxm they all talk n no action, nothing is going to happen.

PicknPay Dischem Clicks_SA Shoprite_SA WOOLWORTHS_SA

Maybe this time I will understand what this Minister really does.

Jajajaja... The competition commission will fine all of them millions of rand the shopper's will not see one cent of that and so still be out of pocket.

🤣😂

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