Experts which included lawyers and economists, on Tuesday this week banged heads to fine tune the Competition and Fair Trading Bill which may be tabled in Parliament in November this year. Making remarks, during a validation workshop for the bill and Competition and Fair Trading Regulations at Crossroads Hotel in Blantyre, CFTC Executive Director Lloyds Vincent Nkhoma said it was important that the two get fined-tuned before they get tabled in the August House.
“We want all stakeholders to be aware of what is contained in the bill and the regulations so that they do not get surprised once they have been enacted into law and are being enforced,” said Nkhoma.
He added that CFTC believes that with the consultations, stakeholders will make proposals to the provisions and own the provisions in the two pieces of legislation.
Present during the consultations were officials from the private sector and regulators. After the validations, the bill will be taken for vetting after which it is expected to be tabled in Parliament.
Before the validation, earlier in August, members of parliament were taken Bill.