The president said some companies have already been found guilty of profiting from the Covid-19 pandemic.
“We have used competition policy to tackle excessive pricing and abuse of market dominance in the private sector, particularly during the state of disaster where several firms have been found guilty of illegally inflating prices of items like face masks and sanitisers,” he said.
Ramaphosa said corruption in the distribution of food parcels at the start of the lockdown had a negative affect on the poor.
He said the implicated leaders had used food parcels to “buy political favours” from members of communities.
This is what South Africans had to say: