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Sicuro, Hennox to pay ZAR1.7 million for inflating prices of face masks

( May 16, 2020, 14:54 GMT | Official Statement) -- MLex Summary: Sicuro Safety and Hennox 638, South African importers and sellers of face masks, have been fined 1.7 million rand (around $90,000) for charging excessive prices. Both companies admitted that they increased their gross profit margins for FPP1 face masks in March. Last week, the national Competition Commission referred a settlement struck with the companies to the nation's competition-specialist court for approval....

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