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.
“The objectives of the compliance programme are to raise awareness of competition law issues throughout your business. This will ensure reduced the risk of infringing the competition rules; ensure that agreements and arrangements are structured in a way that minimises potential competition issues and reduce the risk of careless use of language leading to investigations into suspected anti-competitive behavior,” said Malonda.