Alleged Misleading Conduct by Kulima Gold Limited

On 11th September 2019, CFTC commenced investigations against Kulima Gold Limited for alleged misleading and deceptive conduct in the supply of agricultural inputs.

On 11th September, 2019, the Commission together with the then Ministry of Industry, Trade and Tourism (MoITT) conducted routine joint inspections of business premises. During the inspections, officers from the Commission and MoITT discovered that the Kulima Gold Limited Shop in Kanengo was supplying underweight bags of fertilizer.

The Commission resolved that the Respondent should pay a fine of Five Hundred Thousand Malawi Kwacha (MK500,000.00) for engaging in misleading conduct;