Malawi premier mobile and data servicer provider TNM has formally announced that it has withdrawn its sponsorship to the flagship Super League sponsorship following Competition and Fair Trade Commission (CFTC) ruling that when renewing the contract, clauses that stop Super League of Malawi (Sulom) and clubs from entering agreements with other mobile service providers should be scraped off. […]
The Competition and Fair Trading Commission (CFTC) which has issued a strong warning to the Medical Aid Society of Malawi (MASM), and some local radio stations for allegedly broadcasting false and misleading adverts, says it is investigating the matter. CFTC says it has received numerous complaints from members of the public that consumers have been […]
Malawi’s Competition and Fair Trading Commission (CFTC) has warned prominent supermarkets in the country that it shall take stern measures to deal with any supermarket that continues to engage in deceptive pricing that has been recently uncovered. In a statement released by Executive Director Charlotte Wezi Malonda, says CFTC recently carried out an inspection exercise […]
The National Bank of Malawi (NB) Chief Executive Officer, George Partridge is under the Anti-corruption Bureau (ACB) investigation on allegations of collusive tendering and bid-rigging. ACB has instituted the investigations following a Competition and Fair Trading Commission (CFTC) investigations in 2012 which faulted Partridge’s leadership at Bankers Association of Malawi (BAM) of creating market monopoly […]
The Competition and Fair Trading Commission (CFTC) has noted that lack of knowledge on fair and unfair business practices was putting the rights of consumers at risk in the country. The organisation’s executive director Charlotte Wezi Malonda made the remarks in Blantyre at the opening of a countrywide business clinic initiative aimed at defining what […]
Minister of Industry and Trade Joseph Mwanamvekha said government is committed in preserving, promoting and protecting consumer’s rights, saying measures have been put in place to protect the consumers’ rights. Mwanamvekha said customers are key stakeholders in development of any country because if they cannot buy goods or services it means that will be the […]
Malawi will from 8 to 10th September host the annual conference of the African Consumer Protection Dialogue, an international network of consumer protection agencies in Africa and the US. The Competition and Fair Trading Commission (CFTC) says this is partly in recognition of the work the Commission has done since it was established leading it to be […]
Competition and Fair Trading Commission (CFTC) Executive Director, Charlotte Wezi Malonda, has called on the media and the private sector to take a leading role in safeguarding the welfare of consumers. Speaking at Sunbird Capital Hotel in Lilongwe on Monday when CFTC organized a sensitization meeting with the private sector and business journalists, Malonda said […]
Malawi Competition and Fair Trading Commission (CFTC) has faulted Bankers Association of Malawi (BAM) of creating market monopoly by denying other players in the credit referencing bureau sector in preference to one company. The Commission, in a determination by its Board of Commissioners and its members on allegations of anti-competitive practices by BAM has also […]