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CFTC conducts competition law lecture at Luanar

Luanar

Participants to the competition law lecture at Luanar 

The Competition and Fair Trading Commission (CFTC) has put in place a comprehensive advocacy and education programme targeting diverse audiences including academics and university students.

As part of the lecture series, on December 1 2015, the Commission held a Competition Law lecture at Lilongwe University of Natural Resources (LUANAR) at Bunda campus. This was the fourth in a series, following lectures delivered at Chancellor College, the Polytechnic and Blantyre International University last year.

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Market dominance abuse affects competitors, consumers—CFTC

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Part of the parade on World Competition Day in Kasungu

The country’s competition and consumer protection authority, the Competition and Fair Trading Commission (CFTC) has said abuse of market dominance does not only affect consumers but also affects competitors.

Speaking at Kasungu Boma, on December 5 during this year’s commemoration of World Competition Day, CFTC Executive Director, Charlotte Wezi Malonda said the conduct of dominant firms on the market affects both consumers and competitors in that market.

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Consumers commemorate 2015 World Competition Day

On 5th December, 1980, the United Nations General Assembly adopted a set of principles and rules on competition. These rules provide the agreed framework for the control of restrictive business practices.

In recognition of this day, competition law advocates and competition authorities in different parts of the world observe 5th December every year as World Competition Day.

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Former Deputy Speaker happy with competition law implementation

Lilian kapanda and innocent helema

Kapanda Phiri( L) talks to CFTC Economist Innocent Helema during the business clinic

Former Deputy Speaker to the National Assembly, Lilian Kapanda Phiri has said she is happy with the implementation of the Competition and Fair Trading Act (CFTA) which was passed in 1998 when she was in the august house.

Speaking on the sidelines of a business clinic for traders in Kasungu on November 12 2015, Kapanda Phiri who was Deputy Speaker between 1994 and 1999 said it was encouraging to note that the government instituted the Competition and Fair Trading Commission (CFTC), a competition and consumer protection agency as provided under the CFTA of 1998.

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PCL encourages businesses to proactively comply with competition law

PCL

One of the country’s largest and listed conglomerates, Press Corporation Limited (PCL) has said businesses have to be proactive in complying with the country’s competition laws—the Competition and Fair Trading Act (CFTA) and the Consumer Protection Act (CPA).

Speaking at Game Haven in Thyolo on November 6 2015 during a competition law compliance workshop which was co-organised by Press Corporation Limited and the Competition and Fair Trading Commission (CFTC), PCL Group Operations Executive Designate, John Biziwick said the meeting was informative and he encouraged businesses to be proactive.

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Dunga elected CFTC Chairperson

Dunga

Commissioner Dunga (R) signs the oath of office before Commissioner of Oaths, Martha Kaukonde. 

Commissioner Daniel Dunga has been elected Chairperson of the Board of Commissioners of the Competition and Fair Trading Commission (CFTC). 

In his acceptance speech during an extraordinary meeting of the Board of Commissioners that took place in Mangochi on 9th October 2015, Dunga said he will stand up for the challenge.

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Govt urges CFTC Commissioners to champion competition reforms

 

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Participants to the Induction Workshop of CFTC Commissioners

The government has asked the newly appointed Competition and Fair Trading Commission (CFTC) Commissioners to champion the recently approved competition and consumer protection reforms.

Speaking during the opening of an induction workshop for the Commissioners in Mangochi on Thursday October 10 2015, Ministry of Industry and Trade Principal Secretary, Charles Kambauwa said their appointment comes at a time when the government is implementing reforms to improve delivery of public service.

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CFTC engages Airtel Malawi in compliance programme

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Malonda makes a presentation  as Kyumba  (C) and Director of Enforcement and Compliance, Martha Kaukonde listen

The Competition and Fair Trading Commission (CFTC) recently engaged Airtel Malawi in a compliance programme—procedures that are aimed at ensuring that enterprises have adequate measures to detect and address breach of competition law.

Speaking during one of the compliance workshops at Airtel Head Office in Lilongwe, CFTC Executive Director Charlotte Wezi Malonda said consequences of failing to comply with competition law are serious and all businesses should ensure that they have adequate compliance procedures.

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