Tourvest and Siyazisiza colluded in tender at airport, rules commission

The Competition Tribunal has fined Tourvest R9m for collusive tendering. Picture: ACSA.

In February 2013, Airports Company SA published a request for bids for a tender involving arts, crafts and curio retail leasing opportunities at OR Tambo. The tender involved three separate retail opportunities for a period of five years, said the tribunal. “Tourvest, however, argued there had been full disclosure of the arrangement between it and the trust. The [Competition] Commission, however, disputed this and said there was significant under-disclosure by the parties to Acsa.”

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