The Competition and Fair Trading Commission (CFTC) executive director James Kaphale has warned against consumption of Liqui Fruit Red Grape 330 millilitres (ml) cans which was recalled due to small shards of glass found in the product. CFTC a statement seen by Nyasa Times has since advised consumers who may already have bought the […]
The High Court in Blantyre has granted nine parents and guardians an ex-parte injunction stopping the prestigious St. Andrew’s International Primary School from offering unsolicited online learning services at overpriced rates. The parents and guardians include Nuru Bakali, Dr. Lilian Moyo, Gift Gondwe, Ismail Aniz, Chipiliro Mzanda, Liza Msusa, Shoaib Jiwa, Ruth Masangano and Luis […]
Competition for Fair Trading Commission (CFTC) has introduced a toll free line through which people could officially lodge complaints for action in an effort to step up market surveillance and protect consumers from unfair trading practices. President Peter Mutharika directed CFTC Saturday that the Commission should move in and protect consumers […]
President Peter Mutharika has warned businesses against profiteering from the coronavirus crisis and ordered the country’s Competition and Fair Trading Commission (CFTC) to put in place strict monitoring of price controls and punish anyone found increasing prices at the expense of Malawians . Mutharika asked the commission to increase surveillance and protect consumers from anyone […]
Competition and Fair Trading Commission (CFTC) executive director James Kaphale has advised consumers in the country to desist from buying substandard goods on the market to protect their lives. Kaphale said on Tuesday during the commemoration of World Consumer Rights Day in Blantyre which was held under the theme: ‘Protecting consumers from substandard goods’. He […]
The Competition and Fair Trading Commission of Malawi (CFTC) has appealed to all local retail outlets to immediately recall tinned fish products from the market and provide a full refund to consumers who bought the canned pilchards. CFTC executive director James Kaphale said recall comes because the product was “compromised’ on the production line when the sauce […]
The Competition and Fair Trading Commission (CFTC) has spent K1.2 million to purchase tree seedlings which have been planted around the Kamuzu Palace CDSS. Speaking on the sidelines of the tree planting ceremony, CFTC Executive Director Charllotte Wezi Malonda said despite fair trading competition being their main duty, there is no denying that trees are […]
The Supreme Court of Appeal judges panel of nine sitting in Lilongwe has upheld a decision by the Competition and Fair Trading Commission (CFTC) which required Airtel Malawi Ltd to apply to the Commission for authorization of the acquisition between India’s Bharti Airtel and Zain Malawi to secure regulatory approval. The judges panel comprised of […]
In a landmark ruling, the Competition and Fair Trading Commission (CFCT) ordered Castel Group Malawi Ltd (formerly Carlsberg Malawi) to pay a fine of K35.416 million (about $47,000) for supplying the market with products likely to cause harm to consumers. This followed an investigation which the Commission conducted which established that Castel Group Malawi Ltd […]
Malawi’s Competition and Fair Trading Commission (CFTC), has issued a notice that it shall hold a public hearing on July 23 at Bingu International Convention Centre (BICC) from 09:30 hrs where it shall be questioning and explaining some unfair practices by some business companies and entities. The public notice, issued by executive Director Charlotte Wezi Malonda, says this is in line […]
Competition and Fair Trading Commission (CFTC) has urged business operators in the country to embrace competition saying it is a prerequisite to industrialisation. Director of Mergers and Acquisitions at the commission, Richard Chiputula made the call on Monday in Blantyre on the side lines of a business session with production companies aimed at equipping them […]
Competition and Fair Trading Commission (CFTC) has commenced investigations against Alliance in Motion Global (AIM Global) and other associated enterprises on allegations of engaging in pyramid selling of goods and services. The investigation follows information which CFTC received alleging that various individuals and business enterprises operating under the banner of AIM Global are engaged in […]
The Malawi Competition and Fair Trading Commission (CFTC) has launched investigations surrounding a possible cartel, collusion, price fixing and insider trading by internal and local textbook traders to the Ministry of Education, Science and Technology (MoEST). CFTC Executive Director Charlotte Wezie Malonda confirmed to Nyasa Times that they want to crackdown on anti-competitive behaviour by some […]
The civil society organisations (CSOs) under the Human Rights Consultative Committee (HRCC) and the Forum for National Development (FND) have written the Competition and Fair Trading Commission to investigate “unfair monopoly” practices which Mallory and Maneno Joint venture have been doing. Malawi’s competition policy was adopted in 1997, with the broad objective of creating an enabling environment […]
Government says efficient public procurement system remains key to fostering the country’s economic development as such it (government) would continue to fight against unfair trade practices that continue to derail efforts to the country’s socio – economic growth. Principal Secretary in the Ministry of Industry, Trade and Tourism, Ken Ndala made the remarks on Tuesday […]
The Competition and Fair Trading Commission (CFTC) on Thursday oriented government officers responsible for procurement on issues of collusive tendering and bid rigging as reflected in the Competition and Fair Trading Act. Speaking in an interview after the orientation that took place in Blantyre, Senior Economist (Mergers and Acquisitions for CFTC), Fexter Katungule, said the […]
The Competition and Fair Trading Commission (CFTC) has fined four local companies K5 million each for supplying on the market uncertified liquor which is likely to cause harm to consumers. The Commission imposed the fine during its 49th Meeting in Lilongwe on 31st August, 2017. The meeting was held to consider and adjudicate over cases […]
Malawi’s leading medical scheme provider, Medical Aid Society of Malawi (MASM) has been penalized by the Competition and Fair Trade Commission (CFTC) Malawi for deceiving Malawians that it has scrapped off shortfalls on medical bills. MASM has been running adverts in both print and electronic media, claiming that they had scrapped off shortfalls on medical […]