WesBank and Toyota Finance charged for collusion

  • 📰 eNCA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

An investigation by the commission revealed that WesBank and Toyota divided markets by allocating customers or suppliers.

It's been found that Wesbank and TFS are involved in the provision of vehicle finance services.

This is after the two entities concluded a shareholder agreement clause that prevents them from competing. The agreement clause prohibits WesBank from offering vehicle finance to customers seeking to purchase vehicles at authorised Toyota dealerships.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why South Africa took a R11.4 billion loan from the World Bank: finance ministerThe decision to take on a R11.4 billion ($750 million) loan from the World Bank is not out of the ordinary and forms part of the government’s normal budgeted finance plans, says finance minister Enoch Godongwana. R630 billion to be borrowed? Or it just me who does not get it yet irregular expenditure is To build more Nkandlas, eish To pay ANC staffers?
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Des van Rooyen had Gupta approval to be finance minister: State capture reportSo what ?
Source: ewnupdates - 🏆 30. / 53 Read more »