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Article: Local Farmers Moot Civil Suit Over Sasol Price Fixing.
- Article from:
- The Namibian
- Article date:
- May 22, 2009
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Byline: Mzwandile Jacks
SASOL could face civil action from Grain SA and agricultural union TAU SA before the end of the year as farmers demand compensation for Sasol's price-fixing activities because they had suffered the most.
Corne Louw, a senior economist at Grain SA, confirmed that TAU SA and Grain SA were thinking about a civil action against Sasol.
"The two bodies have been in talks to see how they can launch this together."
According to Grain SA figures presented at a competition tribunal hearing on Tuesday, grain and oil seed producers spent N$3,4 billion on fertiliser in the 2004/05 crop season alone. If uncompetitive practices ...