Month: July 2021 Posts

Bank ordered to refund customer whose money disappeared from account

Jul 19, 2021 Mwayi Mkandawire 0 &

The Competition and Fair-Trading Commission (CFTC) has ordered First Capital Bank (FCB) to refund a sum of MK1,476,990 to a customer whose money was stolen from a bank account. According to a statement dated today… ...

Glass pieces found in Liqui fruit: CFTC warns against consumption

Sep 10, 2020 Mwayi Mkandawire 0 &

The Competition and Fair Trading Commission (CFTC) has warned consumers over purchase or consumption of Liqui Fruit Red Grape after glass pieces were found in the drink. According to a statement signed by CFTC executive… ...

CFTC concerned over excessive bus fares

Jun 11, 2020 Lindiwe Sambalikagwa 0 &

...Road Traffic to enforce bus fares starting on Monday The Competition and Fair Trading Commission (CFTC) and the Ministry of Transport and Public Works have expressed concern over excessive fares by bus operators, saying bus… ...

Pharmacies warned after raising prices by 400 percent due to coronavirus

Mar 24, 2020 Lindiwe Sambalikagwa 1 &

The Competition and Fair Trading Commission (CFTC) has ordered 11 pharmacies that raised prices of medical supplies by up to 400 percent because of the threat of coronavirus to lower the prices. The Commission has… ...

Malawi’s Fair Trading Commission warns over fake Covid-19 cure

Mar 19, 2020 Mwayi Mkandawire 0 &

The Competition and Fair Trading Commission (CFTC) has warned traders against promoting their products as cure or treatment for coronavirus. The Commission issued the warning in a statement released on Wednesday and signed by executive… ...

Stop giving sweets for change, Malawi retailers warned

Oct 09, 2017 Archangel Nzangaya 0 &

Retail stores in Malawi have been issued with a stern caution for tricking and duping consumers. The Competition and Fair Trading Commission (CFTC) has condemned the tendency by some retail chain stores to withhold change… ...