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Home 2023 February

Month: February 2023 Posts

CFTC fines three companies over unfair trading practices

Feb 03, 2023 Archangel Nzangaya 0 &
Itimu The Competition and Fair Trading Commission (CFTC) in Malawi has ordered three companies to pay fines of K500,000 each for engaging in various unfair trading practices. According to a CFTC press statement which has… ...

CFTC warns against selling defective products this festive season

Dec 23, 2022 Archangel Nzangaya 0 &
The Competition and Fair Trading Commission (CFTC) has warned traders against selling of defective products and has also told traders that it is unlawful to display messages such as ‘goods once purchased are not returnable’.… ...

CFTC fines four companies for unfair trading, anti-competitive practices

Nov 17, 2022 Archangel Nzangaya 0 &
The Competition and Fair Trading Commission (CFTC) has fined four companies and ordered other five companies to refund money to their clients over unfair trading and anti-competitive business practices. The Commission on Thursday told journalists… ...

Malawi celebrates World Consumer Rights Day

Mar 15, 2022 Mike Kalumbi 0 &
The Competition and Fair Trading Commission (CFTC) is today leading consumers and traders in the country in celebrating this year’s World Consumer Rights Day (WCRD), under the theme “Fair Digital Finance”. The theme, which is… ...

Malawi competition watchdog fines Goodwill Funeral Services K68 million

Feb 08, 2022 Mwayi Mkandawire 0 &
The Competition and Fair Trading Commission (CFTC) has ordered Goodwill Funeral Services to pay a K68 million fine for engaging in anti-competitive conduct. The commission has also ordered NICO Life to pay K500,000 fine for… ...

Schools told to stop forcing students to buy uniforms, books from them

Jan 17, 2022 Archangel Nzangaya 0 &
The Competition and Fair Trading Commission (CFTC) has told both private and government owned learning institutions to stop barring students from buying necessities such as uniforms and learning materials from other institutions. This is according… ...

Shop fined 500,000 Malawi Kwacha for selling used underwear

Dec 24, 2021 Malawi24 Reporter 0 &
Itimu The Competition and Fair Trading Commission (CFTC) has fined Noortex Limited in Lilongwe for supplying bales of second hand underwear, saying the products are likely to cause injury or physical harm to consumers. The… ...
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