Cambridge Food in Jozini found guilty of excessive pricing
Customers of Cambridge Food Jozini will now be able to purchase maize meal at more affordable prices.
The Competition Commission's ordered the northern KwaZulu-Natal store to reduce the cost of the food item, following a complaint.
Its tribunal found the supermarket guilty of excessive pricing of the 25 kgs bags of maize meal in April.
It also found that the store sold the product at a lower price before the COVID-19 lockdown.
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The Commission's Siyabulela Makunga says the company has agreed to reduce its gross profit margins.
"Cambridge food at Jozini has also agreed to donate essential goods to Siyaphambiliqondile home-based care project to the value of R24 947.
"We found that in April 2020, the price of 25kg of white maize meal was increased from around R129.99 to R159.99 without a corresponding increase in courts."
