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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 
South African Competition Commission fines
chemical manufacturers for collusion

JOHANNESBURG South Africa (Xinhua) -- The South African Competition Commission fined two chemical companies Investchem and Akulu Marchon on Thursday for price fixing and dividing markets.

Investchem was slapped a penalty of 1.8 million U.S. dollars while Akulu will pay 1.1 million dollars. Between 2003 and 2013, the two companies agreed to fix prices for surfactants. They also agreed to divide the market by agreeing not to pursue each others’ customers..

“Two companies have agreed to pay fines after admitting to price fixing and dividing markets,” said the Competition Commission in a statement.

Surfactants are used to make detergents, cosmetics, wetting agents, emulsifiers, foaming agents and toiletries. The Commission conducted a search and seizure in December 2014 at the two companies to investigate collusion.

“Both Investchem and Akulu have agreed to future conduct that ensures this cartel conduct does not recur and that their respective customers are treated fairly without discrimination,” said the Competition Commission.

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EARLIER REPORT:

South African Lemao make history with sprint win

NAIROBI South Africa (Xinhua) -- Tshenolo Lemao delivered a historic performance at the IAAF World U18 Championships Nairobi to become the first South African athlete to win a world 100m title in any age division.

In fact, South Africa had never before won a 100m medal of any color at the World U18 Championships, but tonight they secured the top two spots.

While Lemao’s compatriot Retshidisitswe Mlenga and Jamaica’s Tyreke Wilson had entered the boys’ final as the favourites, Lemao held his composure after the race was disrupted by two faulty starts in cold and wet conditions, charging across the line in 10.57.

Mlenga, who had earlier won his semifinal in a PB of 10.37 in dry conditions, covered the short dash in 10.61 and Wilson held on for bronze in 10.65.

“It was a great race to run. I was really excited going into it and I just wanted to go all out,” Lemao said.

“I knew the conditions would be tough, but I told myself I needed to stay strong and focused, and just go.”

Though Wilson will not compete in the longer event, both South Africans will turn out again in the 200m heats on Friday morning.

The boys’ hammer qualifying round was cancelled due to the inclement weather conditions, with the entire field of 18 athletes automatically entering the medal decider on Friday.  

           

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